00:29 Big brokerage houses like Wells Fargo and Fidelity offer limited options for annuities, mainly variable annuities. 01:52 Fidelity is a top seller of annuities, but having access to only a few companies limits options for clients. 03:24 Fidelity offers limited annuity options, while the market has around 200 different companies with various products. 05:29 Immediate annuities like SPIA and deferred income annuities (DIA) have limitations in terms of start date flexibility. 07:29 Using strategy can enhance annuity benefits, such as getting higher income by splitting funds between different annuities. 10:26 ️ Small differences in annuity strategies can lead to significant variations in long-term income outcomes. 13:58 Funding an annuity versus using a strategy can result in notable differences in the amount of guaranteed income.
Welcome to episode 4 of the Atlas Annuity Podcast with your host, Marty Becker, owner of Atlas Financial Strategies in St. Louis, Missouri. This...
Thinking about using your 401k to buy an annuity? In this episode, I break down the two main ways to do it—and the big...
00:24 The two key mistakes in retirement planning are misunderstanding withdrawal rates and underestimating longevity. 01:58 The traditional 4% withdrawal rule may not ensure...