I Hate Annuities (But Here's the One Time They Actually Make Sense)

I'm going to say something most financial advisors won't: I hate annuities. Not because they're always wrong — but because they're almost always sold the wrong way, to the wrong people, at the wrong time. High fees, confusing terms, and commissions that benefit the salesperson more than the client have given annuities a well-deserved bad reputation. But here's the thing: there is one situation where an annuity can actually make sense in a retirement plan. And in this video, I'm going to tell you exactly what that is. We cover: • Why most annuities are a bad deal for most people • The red flags to watch for when someone's selling you one • The specific scenario where guaranteed income actually plays a useful role • Questions to ask before you sign anything If you've been pitched an annuity — or you're curious whether one belongs in your plan — watch this first. --- Want a second opinion on your retirement income plan? Book a free 20-minute intro call: https://www.informfp.com/intro I'm Jeff Mahoney, CFP® and RICP®, founder of inFORM Financial Planning in Lakeville, MN. Fee-based retirement income planning — no commissions, no conflicts of interest. #Annuities #RetirementIncome #FinancialPlanning #FeeOnlyAdvisor #RetirementPlanning #CFP #AnnuityAdvice