2049: 4 Red Flags To Watch Out For Before Buying An Annuity by Tania Brown

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 1 October 2022

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tania Brown with Financial Finesse shares 4 red flags to watch out for before buying an annuity Episode 2049: 4 Red Flags To Watch Out For Before Buying An Annuity by Tania Brown After years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their best interest. She decided there had to be a better way to provide people from all walks of life with truly unbiased financial guidance--designed to line their pockets, not their financial advisor’s. This is the story of Financial Finesse and how they give employees and employers unbiased financial wellness as an employee benefit. They help your employees maximize their compensation and benefits by making better financial decisions. You become a partner in their financial security and reap the benefits of a financially healthy workforce. They’ve helped hundreds of thousands of employees change their lives. The original post is located here: https://www.financialfinesse.com/2019/01/25/4-red-flags-to-watch-out-for-before-buying-an-annuity/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 2049.
0:04.4	Four red flags to watch out for before buying an annuity.
0:08.9	By Tonja Brown with financialfinesse.com.
0:12.3	And on your host and personal finance enthusiast, Diana Merriam.
0:16.9	Before we get to it, have you subscribed to our other podcasts?
0:21.0	We cover personal development, minimalism, health, relationships, entrepreneurship, and
0:27.1	life advice on the other shows.
0:29.4	Search for Optimal Living Daily wherever you get your podcasts to find them.
0:34.4	But for now, let's get to today's post as we optimize your life.
0:39.9	Four red flags to watch out for before buying an annuity.
0:47.1	By Tonja Brown with financialfinesse.com.
0:51.6	Annuities.
0:52.8	The word itself can start World War III in a room full of financial advisors.
0:58.8	Some advisors think of annuities as the financial instrument of Satan, and other advisors believe
1:04.3	it's the holy grail for anyone in retirement.
1:07.6	I'm in the middle.
1:09.4	For the right person in the right situation, they work.
1:13.6	I think for the right person, the right annuity can help someone generate the income needed
1:18.6	to maintain his or her lifestyle in retirement.
1:22.3	For the wrong person, an annuity can tie up money unnecessarily for years.
1:27.8	The key and the challenge is for the consumer to fully understand both the benefits and
1:33.2	risks of an annuity and to assess if the benefits outweigh the risks for their particular
	...

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