All About Annuities

How Money Works

Are you considering incorporating annuities into your financial planning but find them too complex to comprehend? You're not alone. Annuities are often misunderstood, and this lack of understanding can deter people from utilizing this financial tool. In this episode of our podcast, we delve deep into the world of annuities, exploring their complexities, benefits, risks, and real-world applications.

Here is some of what we’ll discuss on today’s show:

• Before you can dive into annuities, you need first to understand the basics of annuities.
• The different rider options that come with the annuity and the costs associated with those.
• What does it mean to annuitize a contract.
• Using annuities to pay for long term care in retirement.
• The different risks that come with annuities.
• We’ll share some examples of people who have utilized annuities into their retirement plan.

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