Retirement Annuities: Should I Buy An Annuity For Guaranteed Income?
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 4 April 2022
⏱️ 12 minutes
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Transcript
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| 0:00.0 | Welcome to the early retirement show. If you are a long time listener, thank you. And if you are new to the show, |
| 0:06.3 | as a reminder, this show is dedicated to helping you retire early, otherwise known as the show dedicated to helping you understand what you have to do to be in a position where you are financially free, where work is now optional. |
| 0:20.1 | So whether you are a few years out from retirement and you just want to know everything to prepare |
| 0:25.5 | for that big date or you're new in your journey and you want to get a head start on maximizing |
| 0:31.9 | what you've worked so hard for throughout your life, this is the show for you. |
| 0:36.3 | So we discuss everything from investments to |
| 0:39.2 | taxes to insurance and everything that comes in between. So without further ado, let's go ahead |
| 0:45.1 | and hop into today's episode. Welcome back to the early retirement show. Today's episode is a fun one |
| 0:52.0 | about annuities and whether or not you should purchase them for guaranteed |
| 0:56.6 | income. |
| 0:57.4 | One of the things that sounds really, really nice throughout retirement. |
| 1:00.8 | But what we want to know is what are the tradeoffs of buying an annuity as opposed to just |
| 1:06.1 | investing and seeing if we can do better ourselves? |
| 1:09.0 | What are the tradeoffs? |
| 1:10.0 | Does it make sense to buy an annuity? |
| 1:11.9 | Is that a good product, really, for anyone? |
| 1:14.7 | And that's what we're going to be exploring in today's episode. |
| 1:18.1 | As a reminder, all of this and more is on my YouTube channel where you can see video format of this. |
| 1:24.0 | And I've been getting a great response on that. |
| 1:26.4 | So I certainly appreciate all the likes, |
| 1:28.2 | comments and as always, if it's been helpful, please do subscribe to that as well. |
| 1:33.5 | So let's hop into today's episode, which is all about annuities and the questions we're going |
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