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Whether you’re new to annuities or seeking to enhance your retirement income strategy, this episode offers valuable insights to support your financial journey.
In this episode, Jim McGovern uncovers the potential advantages of annuities. Join us as we explore annuities and understand the need for retirement protected asset growth and protected lifetime income.
Jim covers the following topics:
- What annuities are and some of the key advantages of using annuities as a means of growing retirement assets compared to other investment options
- How index-linked annuities offer some protection against market fluctuations compared to variable annuities or traditional Mutual Fund Investments
- How index-linked annuities help address market fluctuations and may provide a hedge against inflation
- Breaking down annuities into two different phases
- The limitations including loss of access to principal and other factors that individuals should consider before deciding to invest in annuities to help with retirement asset growth and protection
- And much more!
Related: How Much Life Insurance Can You Own?