AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Downsides of Annuities: Surrender Periods and Teaser Rates
The speakers discuss the downsides of annuities, including surrender periods and teaser rates. They caution listeners about the penalties associated with exiting the product early and the deceptive nature of teaser rates. They emphasize the importance of being aware of these downsides and highlight how annuities perform poorly in the long run.