EPISODE · May 16, 2023 · 18 MIN
Annuities (Part 1): What Are Annuities?
from Retirement Answers · host Jacob Duke, CFP®
Ahhhh... Annuities.We have all heard of them, but do we really know what they are and how they work? the reality is that most people don't truly understand them and it's not their fault. These products are really confusing with a lot of moving parts.In today's episode, I explain some of the basics that you should know about annuities. Be sure to tune in next week for Part 2 of this series where I will share the biggest pitfalls of annuities and why I'm not a fan of them.Enjoy the show!
What this episode covers
Ahhhh... Annuities.We have all heard of them, but do we really know what they are and how they work? the reality is that most people don't truly understand them and it's not their fault. These products are really confusing with a lot of moving parts.In today's episode, I explain some of the basics that you should know about annuities. Be sure to tune in next week for Part 2 of this series where I will share the biggest pitfalls of annuities and why I'm not a fan of them.Enjoy the show!
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Annuities (Part 1): What Are Annuities?
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