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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