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Annuities: A 4-Letter Word?
Manage episode 376898311 series 3468502
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Brian Akers and Alex Monk discuss the role of annuities in retirement planning, emphasizing their potential benefits as a protected income source for life. They also discuss the importance of understanding annuities and their associated fees, as well as the need for transparency and financial planning. Alex highlights the tax deferral benefits, investment options, and fees associated with annuities, while Brian raises concerns about relying solely on one investment tool. Both speakers emphasize the need for flexibility in financial planning and provided real-life examples of how annuities can be used to improve one's financial situation.
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