EPISODE · Nov 16, 2024 · 11 MIN
The Rise of Annuities - A Riddle Wrapped in a Mystery Inside an Enigma
from The Willie and Trusty Show about Estate Planning · host Klaus Gottlieb
This podcast explores the recent rise in annuity sales, particularly fixed annuities, despite their historical unpopularity. This episode analyzes potential reasons for this shift, such as concerns about Social Security's viability and market volatility, and discusses the complex variety of annuity products available. It also emphasizes the need for estate planning attorneys to understand the basics of annuities and their potential role in estate planning, while recognizing the limitations of their expertise and recommending clients seek advice from specialists for product-specific decisions.
What this episode covers
This podcast explores the recent rise in annuity sales, particularly fixed annuities, despite their historical unpopularity. This episode analyzes potential reasons for this shift, such as concerns about Social Security's viability and market volatility, and discusses the complex variety of annuity products available. It also emphasizes the need for estate planning attorneys to understand the basics of annuities and their potential role in estate planning, while recognizing the limitations of their expertise and recommending clients seek advice from specialists for product-specific decisions.
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The Rise of Annuities - A Riddle Wrapped in a Mystery Inside an Enigma
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