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Chasing high interest rates for annuities or other retirement income vehicles can be a significant mistake because it often overlooks the crucial aspect of financial stability and reliability in retirement. This approach can lead to erratic financial planning, where temporary gains are prioritized over the long-term certainty of income, potentially jeopardizing one’s financial security in later years. It's vital to focus on creating a diversified, resilient retirement plan that ensures a steady and reliable income stream, rather than being swayed by the fluctuating and unpredictable nature of interest rates.
See the full newsletter here: https://atlasfinancialinc.com/chasing-annuity-interest-rates/
In this episode, Marty Becker talks about long term care riders in annuities. He explains what a long term care rider is and how...
Marty Becker transitioned from firefighting to finance after losing his pension in 2007. Annuities, particularly income annuities, offer guaranteed lifetime income, but they're often...
Bonuses are often touted in bold print, designed to grab your attention and make a particular annuity product seem irresistible. But here’s what you...
