Jason Fichtner: Understanding A Changing Retirement Landscape (TAM Classic)

In this episode, The Annuity Man and Jason Fichtner discuss:  Preparing for depletion Preaching to a hurricane  Maximizing returns and minimizing risks The real danger zone   Key Takeaways:  There's going to be depletion in combined trust funds in 2024. In response to this, you can delay claiming your social security until you absolutely need it, you can also save a little more - do anything to minimize the risk.  People want a personal pension and a guaranteed paycheck for life, but they don't want an annuity. That's absurd, because that's exactly what an annuity is and people have it already in the form of social security, because it's such a good thing, they would want to have another one.  We've trained people to be good investors, in that they must always ask how they can maximize returns. But there is no ROI in retirement, not until you die, so we need to keep talking about how minimizing the risks with annuities is the best way to go.  The danger zone is complacency. We need to keep reframing and educating people on the truth about retirement and finances. People right now are not too crazy for annuities, and that's not a good thing - because that means that it's not being represented factually.    "In retirement, we're not trying to maximize returns, we're trying to minimize risks - ensure that I have enough income to last for the rest of my life." —  Jason Fichtner   The Peak 65 Generation: Creating A New Retirement Security Framework: https://drive.google.com/file/d/128-Azi2dpeWXYafgPGAQ1Pi5f8S_ThVA/view?usp=sharing      Connect with Jason Fichtner: Website: https://sites.google.com/site/jasonjfichtner/ | https://bipartisanpolicy.org/  Email: [email protected]    Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!