Here I explain how to get the guaranteed income of a pension annuity without losing the flexible access and death benefits of drawdown. ⏰ TIMESTAMPS ⏰ 0:00 Start 1:26 Why Are Annuities Becoming Popular Again? 3:12 The Problem With Pension Annuities 4:10 The Benefits of Fixed Term Annuities 7:01 Fixed Term Annuity Quote Examples 🎬 WATCH NEXT 🎬 Improve income sustainability in drawdown: 👇 LEGAL & GENERAL FIXED TERM ANNUITY QUOTES 👇 **** ABOUT THIS VIDEO **** Many people are drawn to the guarantees offered by lifetime pension annuities for retirement, but are put off by the loss of flexibility compared to flexi-access drawdown and other flexible retirement withdrawal methods. With pension annuities, you have to choose death benefits and other options like inflation linking at the start without knowing what the future is going to hold, and these options cost money. With pension drawdown, you can choose your level of income and have complete flexibility, as well
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 :)