041: Why You Should Take a Closer Look at Income Riders

In this episode, The Annuity Man discusses:  What an income rider is (and it isn't an annuity).  The income rider versus the accumulated value side of the calculation table. The flexible nature of income riders.  Taking the annuity payments when you need the income and transferring the risk.   Key Takeaways:  An income rider is an attachment to a contractual agreement, not an agreement itself.  Deferred income annuities and income riders solve for income later, which is income down the road. The difference is just how they contractually get there.  Upfront bonuses are not giveaways, they are part of the contractual guarantee - anything that seems too good to be true is. Interest rates play a secondary role - life expectancy drives the pricing train. Nobody knows where the interest rates will go.    "An income rider is a lifetime pension that is flexible." —  Stan The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: Owner's Manuals  YouTube: Stan The Annuity Man  Get a Quote Today!