Ep 12 | 5 Types of Annuities Explained (Finally) in Plain English for Pre-Retirees

🎯 Is everything you've heard about annuities wrong—and could it be costing you money or peace of mind?💡 In this episode, we cut through the noise around annuities. With June being Annuity Awareness Month, Ray and Cindi explore how different types of annuities work (SPIA, MYGA, FIA, RILA), the pros and cons of each, and what you really need to ask before buying one—especially if you're planning for retirement.The 4 main types of annuities—and how to choose the one that fits your goalsCommon annuity myths debunked (yes, some can offer downside protection and growth potential)How annuities stack up against other options like CDs, buffered ETFs, and managed investment accounts 🎧 Tune in now to better understand how annuities work, where they might fit into a broader retirement strategy, and what questions to ask before considering one—so you can make informed financial decisions with confidence. 🎧 Follow the show every Tuesday on Apple Podcasts:https://podcasts.apple.com/sg/podcast/financially-fluent/id1796392113📩 [email protected] welcome. Real answers given.Explore our free tools and resources atwww.YourNextStepFinancial.com