The Truth About Annuities and Income Planning: Beacon Retirement Strategies (Season 6 Episode: 2)
Channel: Beacon Capital Management
Date: 2021-10-13

The importance of predictable income in a retirement plan- and understanding the 4 different types of annuities and how they work.  
 1- Immediate Annuity- Similar to a Pension Plan 
 2- Fixed Annuity- Fixed Rate of Return
 3- Variable Annuity- Often Include High Fees
 4- Fixed Index Annuity- Linked to Market Index

In this episode, we'll also discuss:
-  The importance of periodically reviewing and if necessary, updating your estate plan. 
-The 5 retirement blind spots and what's at stake for you if you miss these blind spots in retirement planning: Knowing how much money you need to retire, longevity, old strategies, having the wrong advisor and waiting to create a retirement plan.
- What we know about some of the proposed provisions of Biden’s tax plan with respect to individuals.
- Tax implications on selling property, how to maximize your social security benefits, how to make sure your retirement income lasts, and how you account for increased healthcare and tax expenses. 

It's more important now than ever to know how you will receive income in retirement. 
Schedule Your FREE Retirement Income Analysis Today. https://tinyurl.com/2dzy2vpc