The Ramsey Show (February 18, 2022)




Are Flexible Annuities Worth Considering?

‘Flexible annuities’ is the general term for annuities that are invested in the stock market. Like other annuities, it provides a guaranteed income, but at the same time, the opportunity to make good profits and get a higher income based on markets.

What to Consider While Purchasing an Annuity

Purchasing an annuity as part of your retirement plan is one of the most sensible decisions you could make. However, it is a big decision, one that impacts your entire life after employment. In order to ensure your retirement is blissful and hassle-free, you need to think through a pension annuity in considerable detail.

Understanding Benefits of Lifetime Annuities

Lifetime annuities provide you with a lot of benefits, which probably make them the soundest investment for your retirement. Along with giving you lifetime regular income for as long as you live, lifetime annuities can be customized in many ways and come with many options that you can add for your specific needs.

The Importance of Annuities

At some point of time during their working life, people begin to wonder about what they would do once they retire. This wondering also brings them to plan about their retirement – mainly with regard to how they would manage without an income, how they would arrange for healthcare as well as pursue other hobbies without affecting finances. Most of the planning however is directed to ensuring maintenance of the lifestyle they are used to now.

Which Pension Annuity Is Right for You?

A pension annuity serves you much better than a pension since it guarantees you an income for the rest of your life as long as you live. However, with so many different types out there, it can get a little confusing. This article tries to clear the air.

The Advantages of an Annuity

When you near your retirement, your company already gives you the option taking your pension as a lump sum or an annuity. However, did you know that your options don’t end there? You can now scout the market to look for providers other than your company to exchange your pension for an annuity.

Be Warned – Costs May Be Destroying 75% Of Your Retirement Investment Returns

Have you ever considered how much damage investment costs are doing to your retirement savings? Research has shown that advisers, product providers and asset managers are the ones who are getting the cake share while you are getting the crumbs.

How Your Annuity Could Get Affected

Pension annuities are a big deal, and you need to consider a lot of other factors that could affect your income. Overlooking these factors could mean that you are stuck with a deal that does not profit you, for the rest of your life. Therefore one of the first things you should really do is use a pension annuity calculator to understand how much annuity you will really need.

Treasury Inflation-Protected Securities (TIPS)

Retirees are always looking for ways to generate income from their savings — if we are no longer drawing steady paychecks from an employer, we still need to find enough income to pay our bills and enjoy our retirement. The financial marketplace is filled with investment products that promise to meet retirees’ needs, and many of the products might make sense for you — whether immediate annuities, municipal bonds, dividend-paying stocks, or more exotic products.

How Your Ex-Spouse Fits Into Your Social Security Scenario

When people worry about their financial future they look to many places for the answer, but one surprising location that many find financial solace is actually ex-marriages. Did you know that you could be qualified to claim Social Security benefits through an ex’s workplace?

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