This week we get a little nerdy. Who am I kidding. We get A LOT nerdy. We chat about fixed annuities vs. variable annuities.
Fixed indexed annuities
Variable annuities
Guaranteed lifetime income
Both fixed indexed annuities and variable annuities can be used to provide guaranteed lifetime income. However, the specific features of these income options vary from product to product.
It is important to compare the features of different indexed annuities and variable annuities before you decide which type of annuity is right for you. Consider your financial goals, risk tolerance, and time horizon when making your decision.
Here are some additional things to consider when comparing indexed annuities and variable annuities:
Are you getting what you want or are you putting yourselves in a position someone could try and get the better of you?
Find out more about the Retire Confidently Program
Purchase The Secure Solution: Creating a High-Quality Retirement in a Low-Interest-Rate World
Telton W Hall, CFP® is a husband, father, retirement planning expert, small-town-boy at heart, nationally published author, sought-after speaker, former college basketball player, founder/owner/team member of Utah based Advanced Financial Planning LLC, hiking enthusiast, Jesus follower, business leader, team builder, and to the core Telton is an educator.
This week we get a little nerdy. Who am I kidding. We get A LOT nerdy. We chat about fixed annuities vs. variable annuities.
Fixed indexed annuities
Variable annuities
Guaranteed lifetime income
Both fixed indexed annuities and variable annuities can be used to provide guaranteed lifetime income. However, the specific features of these income options vary from product to product.
It is important to compare the features of different indexed annuities and variable annuities before you decide which type of annuity is right for you. Consider your financial goals, risk tolerance, and time horizon when making your decision.
Here are some additional things to consider when comparing indexed annuities and variable annuities:
Are you getting what you want or are you putting yourselves in a position someone could try and get the better of you?
Find out more about the Retire Confidently Program
Purchase The Secure Solution: Creating a High-Quality Retirement in a Low-Interest-Rate World
Telton W Hall, CFP® is a husband, father, retirement planning expert, small-town-boy at heart, nationally published author, sought-after speaker, former college basketball player, founder/owner/team member of Utah based Advanced Financial Planning LLC, hiking enthusiast, Jesus follower, business leader, team builder, and to the core Telton is an educator.