Ep 532: The Truth About Annuities: Busting Myths and Answering Your Biggest Questions

Annuities might be one of the most misunderstood financial products out there – and they come with plenty of opinions…as well as questions. Are the fees really that high? Do advisors just push them for the commission? Could an annuity actually be the missing piece of your retirement plan?  On this episode of the HerMoney Podcast, we’re cutting through the noise with two leading experts: Michael Finke and Tamiko Toland of LIMRA’s Retirement Income Institute. They’re busting the biggest annuity myths, answering questions straight from our HerMoney Community and helping you figure out whether this type of protected income deserves a spot in your financial future.  Listen in to hear them cover: A jargon-free explanation of annuity types and terms to be aware of What to know if you’re buying an annuity – including how fees work Whether there’s a “right” age to purchase an annuity The next steps to take if an annuity sounds right for you Learn more: Most people want protected income for life. Few realize that’s what annuities provide. This resource from LIMRA covers everything you need to know. Learn more about your ad choices. Visit megaphone.fm/adchoices