049: Retirement Withdrawal Strategies

Description

In this episode, The Annuity Man discusses:

What the 4% Rule is and how it affects you.
Annuities are the only product that can provide a lifetime income stream.
Figuring out what you need per month to know what your withdrawal strategies need to be.
Understanding what you’re buying before you sign anything.

Key Takeaways:

Every person retiring needs to set up their income floor, regardless of everything else that is happening in the world.
Interest rates play a secondary role.
Annuities are commodity products. You need to shop around to find the best contractual guarantee for you.
If you want market growth, you don’t buy an annuity.

"All lifetime income from annuities, all transfer of risk, is a combination of return of principal plus interest." — Stan The Annuity Man

Connect with The Annuity Man:

Website: TheAnnuityMan.com