Ep 11: The Ins and Outs of Annuities: What You Need to Know to Plan for Retirement
Play • 15 min

For episode 11 of Candid Conversations: Retirement Talk with Ryan Cravitz, we’re tackling a topic that’s often a source of confusion for many people: annuities. There are different types of annuities, each with their own unique nuances, and it’s important to have a basic understanding of how they work and how they might fit into your financial plan. In this episode, we’ll break down each type of annuity and discuss how they can be used to meet your specific financial goals.

We’ll discuss the following annuity types:

-       Immediate

-       Fixed

-       Variable

-       Indexed

Ryan will also share some examples where annuities helped fill gaps in his clients' income plans. If you're not sure whether an annuity is right for your financial situation, be sure to tune in to this episode. We'll provide valuable insights and information to help you make an informed decision.

Here’s some of what you’ll learn on the podcast: 

  • What’s an immediate annuity and when might someone use it? (1:35)
  • Ryan explains the similarities and differences between fixed annuities and bank CDs. (3:45)
  • Details about variable annuities and some of the downsides that turn many investors away from these products. (5:51)
  • A popular product option for some retirees is a fixed indexed annuity. Ryan explains why this is one of the tools he uses in his retirement planning strategy in some cases. (7:30)
  • Ryan details some examples where annuities helped fill gaps in his clients’ income plans. (11:40)

If you need help determining if an annuity is right for your situation, don’t hesitate to contact Ryan for a full analysis of your financial plan.


If you have any questions, you can contact us online here: https://cravitzfinancial.com/

Email: ryan@cravitzfinancial.com

Call: 714-462-9155

Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.

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