Variable Annuity Explained Simply (DON'T BUY!)

If you are looking into a variable annuity or are wondering how to read a variable annuity contract this video is for you. In this video I explain variable annuities SIMPLY so you can make an informed decision about your personal finance investment strategy. I also explain the difference between variable annuities and fixed annuities and why I don't recommend purchasing a variable annuity product.

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Timestamps:
00:00 - Variable annuities vs fixed annuities
01:44 - Advertised benefits of a variable annuity
07:38 - The negatives of variable annuity products
12:50 - Why you should talk to a Financial Planner

In this Video, I explain Variable Annuities: What You Should Know. Variable Annuity Explained (2019). I cover the typical fees associated with variable annuities, the differences between variable annuities and the other types of annuities, and how a variable annuity could provide for a consistent and predictable stream of income for your retirement. Additionally, I address the questions you should ask before buying a variable annuity. Discover the truth about variable annuities: what is a variable annuity? Understand the harsh truth about annuities!"

#annuity #investmentstrategies #financialfreedom