Is an Annuity Right for Retirement? Annuity Basics
Retirement Answer Man
Roger Whitney, CFP®, CIMA®, RMA, CPWA®
4.6 • 1.2K Ratings
🗓️ 3 July 2019
⏱️ 34 minutes
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Summary
Transcript
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| 0:00.0 | When you are 80 or 90 are going to be as agile in your decision making as |
| 0:07.0 | agile in your decision-making as you are today? Probably not. That's why this month on the retirement |
| 0:19.2 | Antriman's show we are going to explore whether you should make decisions today for your future |
| 0:28.0 | self in the form of securing lifetime income using annuities. |
| 0:34.3 | Oh yeah, get your nerd on this month. |
| 0:37.6 | So we're going to explore annuities on the show and whether they have a place in your retirement journey. |
| 0:44.0 | So welcome to the show. |
| 0:46.0 | My name is Roger Whitney. |
| 0:48.0 | I am your host, and this is the show dedicated |
| 0:52.0 | to helping you not just survive retirement. We want you to |
| 0:57.0 | rock retirement not just now while you're agile but we want you to be able to |
| 1:02.0 | rock retirement securely in your 80s and in |
| 1:06.1 | your 90s, hey maybe even into your hundreds. |
| 1:09.1 | I think this is a good segue from our topic last month of longevity in retirement. |
| 1:17.6 | So today what we're going to do is we are going to focus on the basics of what the heck is an annuity. So we understand the basics and |
| 1:27.6 | then we'll start to piece together over the month how different types of annuities work and how they might or might not fit into your journey. |
| 1:39.0 | So strap yourself in, you're going to be a nerdy month. We'll try to make it as fun as possible. But first, that all-important disclaimer. |
| 1:47.0 | So I was asked recently if I could put this very annoying disclaimer at the end of the show |
| 1:59.0 | that maybe even mentioned this before. Well, I could, but I'm not. |
| 2:05.2 | This is important. |
| 2:06.8 | It's important that you remember that, hey, |
| 2:09.4 | nobody knows your situation. |
... |
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