What You Need to Know About Annuities
Many of our clients ask about annuities and whether they’re a good option to create income in retirement. If you’re in that same position, you’ll want to hear our detailed breakdown of this product, the pros and cons, and who would be a good fit for an annuity.
Read more and get additional financial resources here: https://pffirm.com/2021/04/what-you-need-to-know-about-annuities/
What we discuss on this episode:
3:42 – The different types of annuities starting with Fixed
4:44 – Variable
6:54 – Fixed Index Annuity
10:00 – Pros and cons
15:11 – Performance during bull and bear markets
21:58 – Who is an annuity good for?
26:26 – Chris works with clients quite a bit on this
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