Tag: Income Streams

Understanding Annuities for Retirement Planning (Ep. 15)

Understanding Annuities for Retirement Planning (Ep. 15)

Are you curious about annuities but unsure how they would fit into your financial plan?

Let’s clear up the confusion.

Marcia Miller demystifies the world of annuities this week on Making Hay. Follow along as Marcia cuts through the noise and controversy surrounding annuities, revealing their true potential as a tool for retirement planning. Marcia unpacks everything you need to know from the basic understanding and types of annuities, to their benefits and considerations. 

Whether you’re nearing retirement or looking to manage your income streams more effectively, this installment sheds light on how annuities could be a boon to your financial plan, offering examples and real-life stories to illustrate their impact.

Marcia discusses: 

  • What annuities are and their importance in financial planning
  • The four types of annuities and their unique uses
  • How annuities can provide reliability and a steady income stream in retirement
  • Common misconceptions about annuities and the important factors to consider before investing in one
  • And more

 

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