Annuitization Explained | Understanding Annuities

Описание: Annuitization Explained | Understanding Annuities

Financial Advisor, Don Anders, explains how annuitization works and the pros and cons of annuitization vs. withdrawals.

Does your annuity have to annuitize? Do you lose control over your money in an annuity? Which annuitization option should you pick? Why would you annuitize? Don Anders gets into each one of those annuity questions in this video.

0:00 Intro
0:20 The Biggest Misconception of Annuities
0:43 What an Annuity is - Not necessarily Annuitized
1:13 Annuitization is Rarer These Days
1:34 Benefits of Annuitization
1:59 Option for Immediate Annuity
2:50 Annuities vs Annuitization
3:14 "Your Grandfather's Annuity"
3:51 Considerations for Annuitization
5:10 Final Recommendation for Annuitization

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