Colby and Patrick sit down and talk the good and bad about annuities.
Ultimately, the most important outcome is that you reach your retirement goals. On the surface, annuities may seem like a safe bet, especially during times of market volatility. However, they often have significant drawbacks that aren’t readily apparent to the average investor. Before committing yourself to an annuity, be sure you ask all the right questions and understand all the details.
Welcome to quiver financial news, today we want to cover annuities. We will talk about the good the bad and what things you should watch out for. We are focusing on annuities right now because if you haven’t already. You will start to see a major push from individuals that only sell annuities because of the volatility in the markets and the rise in interest rates. This instrument will start to look more attractive. So, we wanted to draw your attention to this topic so that you can watch out for the tricks that are used to entice you. I am joined today with Colby Mcfadden, CEO of quiver financial and a man that has sold a few annuities in his day. Welcome Colby.
First lets quickly define an annuity. An annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.
Colby what does this general definition mean for an investor.
Types of annuities: Fixed, indexed, variable.
Advisory services offered through Quiver Financial Holdings, LLC.
Registered with the state of CA | Insurance License # 0L92424
501 N El Camino Real Ste 200 San Clemente CA 92672
949-492-6900 | quiverfinancial.com
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