Annuities have a bad reputation. From steak dinners to high fees to questionable salespeople, many investors are wary of using them. In this episode we look at how much of that reputation is earned and look at the facts about annuities. We cover the different types of annuities, both the good and bad uses of them and things investors should be on the lookout for when evaluating annuity products.
00:00 - Intro
02:38 - What is an annuity?
04:25 - Matt somehow relates Rick James to annuities
05:45 - Are annuities just shady steak dinners?
10:42 - How often Matt sees good vs. bad annuities
12:09 - The different types of annuities
14:24 - How annuities are taxed
16:26 - Fixed annuities
18:59 - Indexed annuities
22:31 - Which annuities are used most in the real world?
25:35 - Annuities and mortality tables
31:22 - What are surrender periods?
32:51 - The different fees charged on annuities
34:29 - Some examples of good uses of annuities
35:28 - Annuities and estate planning
38:41 - 1035 exchanges
40:31 - Things to be careful about when looking at annuities
ABOUT THE PODCAST
Learning how to be a financial planner is one thing. Doing it is another. Follow along with new financial planners Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau) as experienced veteran Matt Zeigler (@cultishcreative) helps them navigate the complex world of financial planning and learn about the most important topics that impact all of our financial futures. From investments to retirement to college planning to estate planning to insurance and beyond, we will cover the major financial planning issues that impact all of our lives and will provide a framework to help investors tackle them. We hope you will join us on our learning journey.
SEE LATEST EPISODES
https://www.validea.com/the-education-of-a-financial-planner-podcast
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FIND OUT MORE ABOUT SUNPOINTE INVESTMENTS
https://sunpointeinvestments.com/
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau
FOLLOW MATT
Twitter: https://twitter.com/cultishcreative
LinkedIn: https://www.linkedin.com/in/matt-zeigler-a58a0a60/