Don't be scared of the A word!
And by 'A word,' we are talking about annuities! In this episode, Robyn and Erin break down the pros and cons of annuities.
Robyn explains that she's had many clients come in very uncertain about annuities and questioning why they even bought an annuity in the first place. However, with professional guidance, these contracts are transformed from confusing paperwork into peace of mind--sometimes even providing much-needed financial security for loved ones facing long-term care or difficult health issues.
Robyn offers a great analogy. Life insurance protects your loved ones if you die too soon; an annuity, on the other hand, is there to protect you if you live a long time. It’s a tool designed to guarantee you won’t outlive your money, providing a steady stream of income in retirement. Listen in as Robyn and Erin go through all the important things you need to know when considering an annuity.
