Cut The Crap Retirement Show

Are Variable Annuities a Bad Investment?

You’ll probably find that advisors have varying opinions when it comes to annuities, but variable annuities might have the worst reputation of them all. Today we’ll tell you why variable annuities aren’t usually a good investment and why Chris rarely uses them in portfolios he builds.

 

Read more and get additional financial resources here: https://pffirm.com/2020/12/are-variable-annuities-a-bad-investment/ 

 

What we discuss on this show: 

2:39 – Why so much disdain for variable annuities?

4:37 – Do you find many people with variable annuities?

6:49 – Can you have a variable annuity and not realize it?

8:00 – Understanding all the fees associated with these

14:29 – Do you ever use variable annuities for clients?

15:40 – Can you get out of a variable annuity?

How to Pick the Right Financial Advisor

Picking a financial advisor is one of the most important things you’ll do for your retirement, but how do you know if you’re making the right choice? Today we’ll lay out the expectations you should have for this relationship, what to look for when interviewing people, and why it can have a big impact on your financial future. Plus, we’ll tell you about the top 15 cities for retirement.

 

Read more and get additional financial resources here: https://pffirm.com/2020/12/how-to-pick-the-right-financial-advisor/

 

What we discuss on this show:

4:17 – Top 15 retirement locations

6:00 – Are many of your clients looking to move in retirement?

6:41 – Tax considerations for moving

8:15 – Picking the right advisor. Let’s start with expectations.

12:29 – Warning signs

15:07 – Can your advisor become a bad fit over time?

17:07 – What can go wrong if you stick with the wrong advisor?

19:02 – Should you interview multiple people?

22:18 – How to determine if someone is a good fit for you?

25:41 – How to get in touch with Chris

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