Not never, but be cautious – Should you buy an annuity as a part of your retirement planning?
Based on an email from a listener, Chris Boyd and Jeff Perry provide their commentary on the
proper use of annuities. Chris outlines the various types of annuities commonly sold by life
insurance companies. Chris and Jeff caution listeners about the embedded fees and features of
these products. Jeff points out the lack of flexibility to owners of annuities and reminds listeners
in a typical fixed annuity based on the owner’s lifetime, there will nothing left for the
inheritance/legacy. Chris speaks to his concerns of the impacts inflation can have for annuity
owners.
The AMR Team is seeking your opinions on the Something More podcast. To participate in our
survey, please click the following link: https://lnkd.in/ekcsvPaM
For more information or to reach Chris Boyd or Jeff Perry, click the following link:
https://www.wealthenhancement.com/s/advisor-teams/amr
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