{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5e07bd26789ce7ef43d6c05a/5e07bdaa880ab054252def14?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"251: Annuities: An Intoduction to the Types and Uses of Annuities","description":"<p>Let's put our work boots on today and dig into some of the science of financial planning. We've been doing a lot of fluffy, motivational-type stuff on Radical Personal Finance recently. That stuff is really valuable but it needs to be tempered with some serious knowledge.</p>\r\n<p>Today, let's talk about annuities.</p>\r\n<p>Annuities get a bad rap in the financial marketplace. And rightly so. They've been shamefully misrepresented, oversold, and abused by many insurance agents.</p>\r\n<p>But do they have a place? Can they be an incredibly useful tool in the toolbelt of a good financial planner?</p>\r\n<p>I believe so.</p>\r\n<p>In today's show I work to share with you some background and structure about annuities. This will help you to understand the words involved and the different product structures available.</p>\r\n<p>We talk about:</p>\r\n<ul>\r\n<li>The number of lives covered (single life vs joint life vs joint-and-survivor annuities)</li>\r\n<li>When the payments start (immediate vs. deferred)</li>\r\n<li>Methods of premium payment (lump sums vs. periodic payments)</li>\r\n<li>Pure/straight life vs. refund annuities </li>\r\n<li>Fixed vs. variable vs. indexed annuities</li>\r\n<li>And tons more!</li>\r\n</ul>\r\n<p>Enjoy the show!</p>\r\n<p>Joshua</p>\r\n<ul>\r\n<li>You Need A Budget! Use the same software that I use: <a href=\"http://radicalpersonalfinance.com/YNAB\">http://radicalpersonalfinance.com/YNAB</a></li>\r\n<li>Need a Financial Advisor? Start here: <a href=\"http://radicalpersonalfinance.com/paladin\">http://radicalpersonalfinance.com/paladin</a></li>\r\n<li>Support Radical Personal Finance on Patreon! <a href=\"http://radicalpersonalfinance.com/patron\">http://radicalpersonalfinance.com/patron</a></li>\r\n</ul>","author_name":"Joshua Sheats"}