Which of the 4 Annuity Types Should You Choose?

When it comes to planning for retirement, annuities often come up as a topic of discussion. But what exactly are annuities, and how do they fit into your financial plan? Today we’re going to break down the four different types of annuities and explain their pros and cons to help you make the best decision on which one fits you the best.

 

Here’s what we cover in this episode:

0:00 – Intro

0:55 – Why the growth in annuities?

6:39 – Removing bias

9:39 – Immediate Annuity

12:40 – Fixed Annuity

18:15 – Fixed Index Annuity

24:02 – Variable Annuity

27:00 – Planning is crucial

 

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