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Retirement Answer Man

Is an Annuity Right for Retirement? The Role an Annuity Can Play in Your Portfolio

Retirement Answer Man

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

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

4.61.2K Ratings

🗓️ 10 July 2019

⏱️ 45 minutes

🧾️ Download transcript

Summary

This week on Retirement Answer Man, we define what role an annuity could play in your portfolio. Annuities can be a polarizing topic in the financial world but we need to think critically with a curious and open mind rather than vilify or glorify...

Transcript

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0:00.0

I can't think of anything. I just I've been sitting here for 20 minutes. I can't think of anything.

0:06.4

How do we create an exciting start to a show about the role that annuities could play in your retirement.

0:14.0

How do you do that?

0:15.6

I ain't got nothing.

0:17.2

So let's get going.

0:18.2

Oh, welcome to the retirement Ancherman Show. My name is Roger Wicky. I am your host.

0:27.0

This, my friend, is the show dedicated to helping you not just survive retirement.

0:33.7

We want you to rock retirement.

0:35.7

And we want you to do it with intentionality.

0:39.5

We want you to make the most of the only life that you have.

0:41.6

And today's show is our second in a month-long series on

0:46.1

annuities for retirement. Last week we started the series and outlined some of the mechanical basics of annuities.

0:55.0

This week we're going to define what role an annuity could play in your retirement.

1:05.0

And then in the coming weeks,

1:06.0

we're going to explore the different types of annuities.

1:08.0

And the point here is to have some critical thinking and a curious and open mind on a topic,

1:18.0

annuities that are either vilified or glorified depending on where you sit in that discussion.

1:28.0

A lot of misinformation on both sides about annuity, so we're just together talking through step by step what

1:36.6

annuities are and how they work and what roles they could play so we can come to

1:40.3

our own decisions.

1:41.7

And I have my biases, which I explained last week and I'm trying to check those at the door so we can explore this topic together but you know what?

1:50.0

We can't do any of that until we have that all important disclaimer.

...

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