This video “Annuity Explained For Retirement | Do The Pros Outweigh The Cons” is the second in our annuity series. We recap annuity basics (e.g. what is an annuity, who buys an annuity & the difference btw a retirement annuity vs IRA) & dive deep into annuity advantages, annuity problems & solutions & if an annuity investment is good for retirement planning. The next three videos in the coming weeks will go through: - the types of annuities - fixed annuity vs. indexed annuity vs. variable annuity - the difference between an immediate annuity vs. deferred annuity - how to structure an annuity payment & - annuity riders 0:00 Intro 3:07 Advantage #1 4:23 Advantage #2 4:59 Advantage #3 7:31 Disadvantage #1 10:42 Disadvantage #2 WATCH NEXT ⭐ 2022 November I-Bond Rate Prediction: ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ⭐ How To Buy Mo...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)