Are annuities a good investment? In this video, Danny Harlow explains the four main types of annuities and lays out the pros and cons of each.
There are many misconceptions in the marketplace about annuities. Some experts warn that they should be avoided, while others say they are a great opportunity … so who is correct? Part of the confusion stems from the fact that there are many different types of annuities, each with its own risks and rewards. So the one expert you heard condemn them may only be talking about one type of annuity, while another expert who promotes them may be referring to another type. The key is to examine each type of annuity and look at its features, benefits, and risks. In this video, financial advisor and host of Financial Safari Danny Harlow does just that in a clear and easy-to-understand way.
The four annuities he covers are:
The Hybrid annuity is a relatively new and exciting tool which combines the benefits of the other annuities. Danny explains how the Hybrid annuity works.
What is the difference between a financial Advisor who is a Fiduciary and one who operates under the suitability standard? And why is it important to know?
Taxes can take the biggest bite out of your retirement income. In this video, Chris Harlow gives tips on tax planning for retirement.
Danny puts the parts together answering the question, what next as you approach retirement?
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