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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

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

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 4 April 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Early Retirement podcast is about whether or not you should buy an annuity for guaranteed income. NEW: I'm on YouTube! Check out the YouTube page here for more content like this. Interested In Working With Ari? Apply Here Before anyone decides to move forward with our services, we want to make sure we're the best fit to help you reach your goals. We go through an in-depth planning process to show you exactly what it looks like to work with us. Early R...

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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