Should You Get An Annuity?

Published: Nov. 14, 2019, 10 a.m.

Is an annuity right for you? Are you clear on what an annuity entails and what it costs? Why would someone want an annuity? Find out on today’s podcast!

 

Show Notes: https://financialplanningva.com/should-you-get-an-annuity/

 

On This Episode: 

1:01 - Does an annuity provide a steady form of income worth having in retirement?

5:05 - Ask, “How much will I get out of an annuity if I pay X amount of money?”

5:40 - Brian shares a story about a client who had an annuity and had to pay a surrender penalty.

6:58 - Many annuities have high fees that are misunderstood.

7:32 - Check into the fees, growth, and details of an annuity.