Ep #014: Understanding Variable Annuities


There are plenty of financial tools out there promising to grow your assets, but sometimes the promise of unlimited upside also comes the potential for unlimited downside. One such tool is the variable annuity. While annuities are very popular, it’s important to understand exactly how they work in order to protect your money.

Here to shed light on the subject is Don Ross, Founder and President of Ross Wealth Advisors. In this episode, Don shares insights from chapter five of his book, A Retiree’s Financial Survival Handbook, which covers all you need to know about variable annuities. Listen in to learn how they work, as well as what to watch out for with this particular tool.

Listen to the Full Episode:

What You’ll Learn In Today’s Episode:

  • How variable annuities work.
  • Why Don is not a fan of this financial tool.
  • The most important thing you have to realize in retirement planning.
  • A big issue to consider when it comes to variable annuities.
  • How to get a copy of Don’s book.
  • What retirement is really all about.

Ideas Worth Sharing:

[bctt tweet=”In retirement planning, I’m looking for the most effective, low-cost type vehicle—if we’re talking annuities—to get you the maximum income on a guaranteed basis. – @donairborne” username=”@donairborne”]

[bctt tweet=”Variable means what? It can go up and it can go down. I’m more interested in helping you protect from the downside. -@donairborne” username=”@donairborne”]

[bctt tweet=”We need to use the financial products for what they’re designed for, just like the tools in your toolbox at home. -@donairborne” username=”@donairborne”]

Resources In Today’s Episode:

 

Are you ready to start planning for your Abundant Retirement?

Contact Don and his team at Ross Wealth Advisors today to start with an easy conversation about your retirement plans and options.

You can give us a call at: 614.545.0277

Or, come by the Ross Wealth Advisors’ Columbus, Ohio offices at:
1093 Fishinger Road
Columbus, Ohio 43221

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