We are back with special guest April Brown to dispel the myths and show you the truth. Join us to learn how Annuities can provide a secure, low-risk retirement income strategy.
In this episode, we uncover hidden truths about brokers' deceptive practices and how they impact your investments. We also expose the high fees charged by investment brokers and find ways to reduce these costs. You’ll discover annuities as a low-risk alternative for generating retirement income. You will also learn to effectively monitor brokers' performance and hold them accountable. And more!
This episode is a little longer than most, but it’s because we cover these important topics:
Consider annuities as an alternative to traditional stock market investments for maximizing your retirement savings.
Explore different ways to earn a specific rate of return, such as 8%, by examining various investment scenarios and their potential outcomes.
Understand the dangers of relying solely on an average rate of return and the potential impact of market volatility on your retirement savings.
Research fixed annuities or CDs that offer a consistent return on investment, reducing the impact of market fluctuations on your savings.
Consult with a financial advisor who specializes in maximizing retirement income and can provide guidance on using annuities as a stock market alternative.
Be aware of the marketing tactics used by some financial advisors that promote unrealistic expectations for retirement planning and returns on investment.
Educate yourself on the importance of understanding the real rate of return and how it can affect your overall retirement savings.
Utilize future value calculators to better understand the potential outcomes of various investment scenarios.
Seek professional advice on how to balance your investment portfolio, incorporating annuities as an alternative to more traditional stock market investments.
Continually evaluate and adjust your retirement planning strategies to ensure you are maximizing your income and minimizing potential risks.
If you have any questions, we are more than happy to answer them. Just reach out to info@renovatingretirement.com, anytime!
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About Charlie Jewett
Charlie Jewett is an author, speaker, recruiter, trainer, consumer advocate and investment advisor from San Diego, CA. As the “Financial Services Whistleblower” Charlie has been trying to change the way that industry professionals and consumers think about retirement since 2005. With considerable years of experience and an array of professional certifications, Charlie focuses on stock market alternatives combined with tax-free retirement income and provides educational materials that help people to create their ideal retirement plan. He is the host of two podcasts, Renovating Retirement and Target Practice for Advisors, as well as the author of “Renovating Retirement” and “Two Ways to Be Debt Free”, both available on Amazon Kindle.
About Bobby Alford
Bobby Alford has walked an unconventional path to becoming the CEO of Renovating Retirement. He spent 10 years in the US Submarine force, both as an officer and enlisted person, earning a degree in nuclear engineering along the way. Bobby then joined corporate America and worked for a Fortune 50 company in operations, finance, and sales management roles. After getting his MBA, he began working with military veterans to improve their retirement options. At that point he found Charlie Jewett and learned how to truly impact a person's financial life using the MERIT model of planning. Bobby joined Charlie and now uses his skills to grow their company toward achieving the goal of creating $1 billion dollars of annual tax-Free money for their clients.