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The Harsh Truth About Annuities

May 1, 2020

Fear is a great sales tool. With every swing of the market, that fear grows, and your need to be educated on financial terms and strategies increases along with it. Before you get pitched on an annuity to calm your financial fears, use this episode to educate yourself!

Not every annuity or financial salesman is bad, but we’ve seen too many consumers be taken advantage of with this financial tool. This episode explains everything you need to know about annuities: what they are, how they work, and how to tell if you’re getting ripped off.

In this episode, you’ll learn:

  • The two types of annuities and how they differ
  • The difference between variable and fixed annuity fees
  • The downside of annuities (What they’re not telling you on the glossy brochure!)
  • How to tell if you’re making a bad investment

Research and resources from this episode:

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