There are a variety of annuities and other insurance products available for retirement planning. Trying to find the one with the best fit can be almost impossible without the right guidance.
Today, we dive into registered index-linked annuities (RILAs). What they are, what makes them special, some pointers to see if they are a good fit for you, and who shouldn’t purchase one.
Wealth Inside and Out® Podcast: “What Is a RILA & Where They Fit”
In this episode, you will learn:
>> (3:26) What is a RILA?
>> (3:46) Common misconceptions of RILAs
>> (4:22) Real-world examples of a buffer floor
>> (6:52) When protections apply
>> (7:24) What a good advisor should do
>> (9:39) A critical retirement planning step
>> (11:38) When a RILA may not be the best choice
Conclusion – “What Is a RILA & Where They Fit”
By creating a plan and gaining understanding, you can give yourself peace of mind and confidence and make better investment decisions. Focusing on your goals before rushing to buy a product can save you needless headaches and future worry. RILAs can play a strategic part in that plan in certain situations.
To your financially secure life,
Annette
Click here to get your free resource:
Follow and Subscribe
If you love this content, please open the Apple Podcast on your iPhone. Scroll down to the bottom, click follow, leave a 5-star review, and share a comment. We really appreciate it.
Disclosure
The Millionaire Insider® copyrights all materials and intellectual property.
This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.
Always consult with a qualified professional before making any financial decisions or changes.
To your financially secure life,
Annette
