Understanding Your Money: What Is An Annuity
Do you have questions about annuities? In this video, we'll answer some of the most common questions about annuities, including what they are, how they work, and how you can use them for retirement income.
Annuities are a fantastic way to create long-term retirement income. In this video, we'll dispel some of the myths about annuities and explain exactly what an annuity is and how it works. We'll also discuss the different types of annuities, and outline the pros and cons of each. After watching this video, you'll have a better understanding of annuities and how they can help you achieve your retirement goals!
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📖 Chapter Timestamps Here ⏰
0:00 Intro to what is an annuity
1:10 You Can Not Have An Optimized Retirement Plan Without An Annuity
2:00 Annuities Are Income Insurance
4:55 Work With Participating Mutually Held Life Insurance Companies
5:50 Beat the 4% Rule With Annuities
7:30 Lock In Your Lifestyle Needs With Guaranteed Income From An Annuity
8:45 Annuities Give You Big Bonuses And Rollups for Income
10:45 No Bad Products, Just Bad Uses
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
• How to Properly Structure a Whole Lif...
Indexed Universal Life vs Whole Life - Which is Better
• Indexed Universal Life (IUL) vs Whole...
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.
So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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