Ep 16: What You Need to Know About Annuities

Few things in the financial world are as polarizing as annuities, but when used correctly, they can be a great tool for a retirement plan. Let's try to sort through the different annuity options and explain what's to like and what's to dislike about these sources of retirement income.   What we discuss on this episode:  0:35 – Background on this topic 2:59 – First type of annuity 4:56 – Second type of annuity 7:20 – Third type of annuity 10:17 – Good news/bad news 11:08 –Reasons to buy variable or fixed index annuity 13:43 – Annuities that provide guarantee 16:42 – What to do if you're not sure 17:57 – How we handle annuities   Contact: If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/