3min chapter

Animal Spirits Podcast cover image

Talk Your Book: Lifetime Income

Animal Spirits Podcast

CHAPTER

What Is the Difference Between Annuities and a 401k?

How much of retirement income is driven by math versus the behavioral side? It's mostly behavioral if you assume that you're using high quality products. I've spent a better part of my career thinking about the math stuff. But who cares how good your portfolio is if you can't sleep at night and so I think that understanding the behavioral stuff is really important.

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