Episode : The Three Biggest Reasons Americans Hate Annuities

Most Americans hate annuities and would tell you to avoid them… But what if the version you've been warned about isn't the only option for retirement planning? David McKnight breaks down a strategy that's quietly helping retirees sleep better at night and safeguard themselves against the 3 biggest annuities-related problems.  In this episode, David McKnight looks at three perfectly legitimate reasons why Americans have been reluctant to embrace annuities, as well as a solution. The first problem is liquidity. David points out that one of the biggest fears in retirement is running out of money before you run out of life. He shares an example that shows you how, in the process of purging longevity risk from your retirement, you create an entirely different problem. The second reason why people dislike annuities has to do with what happens if you die early – what happens to what an insurance company promised to pay you for life? The third problem has everything to do with infl...