546 what is an annuity?

In this episode Dev and Vince Scully from Life Sherpa unpack what an annuity is and how it can be used as a retirement income strategy. They talk about:

👉🏾 what is an annuity and how can you buy one ?

👉🏿 lifetime vs fixed annuities

👉🏽 returns

👉🏻 how does it affect the aged pension

👉 pros and cons

👉🏼 how are annuities taxed

👉🏽 what happens if the annuity providers go bankrupt

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