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The History Of Annuities & Defining Their Purpose

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What ARE Annuities, And When Would You Want One?

In this episode of After The Paycheck, Sam and Adam discuss:

  •  the definition (and origin) of annuities
  •  the different types of annuities
  •  when a person might want to consider one
  •  situations where an annuity would NOT be a good fit

How do annuities compare to other investment vehicles?

Most people are looking for a way to ensure they can maintain their lifestyle in retirement, but that often becomes a balancing act between the security of banks and the growth potential of the markets. Below is a quick reference graph that can provide some comparisons of the risk/reward scale of annuities with other types of investments:

investment comparisons chart