Annuities can have high fees between the fund expenses and the sub accounts that you own. The simple income annuity, we don't describe this way, it's like a hundred % fee drag in year one. It could potentially meet that goald with a lower overall amount of assets. If people do worry about the stock market, but if havin that income protection in place makes you feel more comfortable investing,. then that additional exposure to the rist premium from the stock market could potentially offset some of the fee drags.
#271: Dr. Wade Pfau, one of the foremost experts in the academic field of retirement planning, joins us to talk about how the events of 2020 might impact your retirement plans. If you’re wondering if you need to change your investing strategy, Wade’s recommendations may fascinate you.
Watch out! These are NOT the recommendations you’re expecting from a typical financial independence retire early show. Prepare to be caught off-guard by what he says.
For more information, visit the show notes at https://affordanything.com/episode271
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