Is an Annuity Right for Retirement? The Pros and Cons of Variable Annuities

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Education, Investmentmanagement, Saving, Self-improvement, Careerplanning, Retirement, Business, Lifeplanning, Investing, Retirementplanning, Financialplanning, Retirementpodcast

4.6 • 1.2K Ratings

🗓️ 24 July 2019

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the annuity series, we’ll discuss the pros and cons of variable annuities so that you can learn whether a variable annuity should be a part of your retirement plan. During the Hot Topic segment, we’ll discuss the Rock Retirement...

Transcript

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0:00.0	I've been thinking a lot about syrup lately.
0:07.0	Surrup.
0:11.0	Surrup.
0:22.0	A friend of mine in the Rock Retirement Club, Dave, has taken up the hobby of making maple syrup. Did you realize it takes like 40 gallons of sap from a maple tree to make one gallon of maple syrup.
0:38.7	How do you milk a tree for that set?
0:40.8	It's not easy.
0:41.8	He says. So I've been thinking about syrup, so I went and grabbed a
0:47.7	bottle of log cabin, original syrup.
1:01.0	Just to compare it to this amazing bottle that Dave sent me of his 100% pure maple syrup. And I was looking at the ingredients of this log cabin,
1:05.0	and it had corn syrup,
1:09.0	high fructose corn syrup,
1:12.0	water, sugar syrup oh a few lines in pure maple syrup salt
1:19.1	cellulose gum d'ave does yours have cellulose gum?
1:24.8	Sodium hexometaphosphate,
1:28.9	Carmel color, to make it look like maple syrup,
1:32.0	I imagine. Benzoite and sorbic acid,
1:36.2	invert sugar, don't know what that is, natural and artificial flavor.
1:46.1	Today on the retirement answer man show,
1:48.6	we are going to continue our discussion
1:50.9	of annuities by diving into the product line called variable annuities.
1:59.4	When I think of variable annuities I think of log cabin syrup. It's manufactured and a lot of it in there you can't
2:09.8	understand. Unlike pure, which is sap.
	...

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