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Podcast: Maximizing Outcomes
Episode: Unlocking Retirement Security: How Annuities Can Help Protect Assets and GuaranteeĀ¹ Lifetime Income, Part 2 (Ep. 27)
Description: In the second part of this two-part series, Jim McGovern discusses how annuities can help provide a secure āretirement salaryā that cannot be outlivedĀ¹ and how to help position other assets to serve as a ābonusā component for retirement spending. Jim discusses some of the challenges retirees face when relying solely on market-based investments, limitations of the popular ā4% Withdrawal Rateā concept, and different ways annuities can be structured to meet income, investment, risk, and protection objectives in retirement.
Jim discusses:
Why it is important to have a reliable source of guaranteedĀ¹ lifelong income in retirement
The potential cons...