cover of episode What Every Retirement Saver Needs to Know About Variable Annuities

What Every Retirement Saver Needs to Know About Variable Annuities

2020/2/18
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Stay Wealthy Retirement Podcast

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A variable annuity is a type of deferred annuity that combines a diversified portfolio of mutual funds, a tax benefit, and an insurance policy. It allows money to grow tax-deferred and is used to fund retirement.

Shownotes Transcript

Today I'm going to share what retirement savers need to know about variable annuities.

Insurance products are great and all.

But this confusing product was charging my client $15,000 per year in hidden fees for benefits she didn’t even need.

If you own a variable annuity, or you have considered purchasing one to save for retirement, today's episode is for you.