Let's put our work boots on today and dig into some of the science of financial planning. We've been doing a lot of fluffy, motivational-type stuff on Radical Personal Finance recently. That stuff is really valuable but it needs to be tempered with some serious knowledge.
Today, let's talk about annuities.
Annuities get a bad rap in the financial marketplace. And rightly so. They've been shamefully misrepresented, oversold, and abused by many insurance agents.
But do they have a place? Can they be an incredibly useful tool in the toolbelt of a good financial planner?
I believe so.
In today's show I work to share with you some background and structure about annuities. This will help you to understand the words involved and the different product structures available.
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