Tag: Retirement Planning

Are Annuities the Right Choice for Your Retirement Plan? (Ep. 13)

Are Annuities the Right Choice for Your Retirement Plan? (Ep. 13)

Annuities are one of the most popular and controversial financial products in the market. 

They offer an income stream for life, but they also come with high fees, complex terms, and potential risks. 

How can you decide if annuities are right for your retirement plan? 

In this episode, John Iannucci unravels the complexities of annuities, aiming to clarify whether they are beneficial or detrimental to retirement planning. John simplifies the details of annuities and sheds light on why some retirees might be hesitant to embrace them. Additionally, he emphasizes the importance of selecting the right financial advisor, providing a free qualification questionnaire to assist listeners.

John discuss: 

  • The importance of understanding annuities and the biases of financial professionals
  • The reasons behind the low purchase rate of annuities
  • The different types of annuities and their various features
  • The importance of selecting the right advisor for annuity advice
  • The regulatory concerns and the need for fair independent analysis
  • A list of critical questions and qualifications for selecting the right advisor
  • And more!

Resources:

Connect with John: 

Understanding the Six Financial Storms – Part 2: Fear of Outliving Money (Ep. 6)

Understanding the Six Financial Storms – Part 2: Fear of Outliving Money (Ep. 6)

One of the most significant concerns for retirees is the fear of running out of money. This fear often overshadows other financial worries, such as falling victim to scams or trusting the wrong financial advisor.

In this episode, John Iannucci discusses the fear of outliving assets in retirement and the importance of creating a comprehensive plan for protected lifetime income. He explains the factors contributing to this fear, such as increased life expectancy, rising costs of long-term care, and the risk associated with a sequence of returns. 

John discusses: 

  • The need for a more conservative approach to retirement planning
  • The importance of integrating different products and strategies into your retirement plan
  • The concept of a “volatility shield” to avoid market losses in retirement
  • And more

Connect with John: