About this episode
Jason and his wife face a crucial decision: whether to purchase an annuity or pursue traditional investments as they prepare for a full-time, slow-travel retirement. With a diverse array of income sources, including pensions, 401k, property sales, and Social Security, they estimate their monthly expenses at $7,500. James analyzes their situation, emphasizing the balance between annuity stability and investment flexibility. He highlights the security of annuities and explains their limitations, guiding the couple towards a tailored approach that aligns with their goals and circumstances. Questions Answered: What are the pros and cons of annuities? How can I effectively balance the stability of annuities with the flexibility of traditional investments? Timestamps: 0:00 - Jason’s question 3:07 - Pros and cons of annuities 6:32 - Assessing Jason’s situation 9:52 - The role of Jason’s portfolio 11:40 - Annuity alternatives 13:23 - Support your retirement vision 16:54 - Integrate financial plan and portfolio Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!