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Clark Howard Says Fixed Indexed Annuities Stink! (My Response)

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Contenuto fornito da David McKnight. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da David McKnight o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity.

Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard one of them describe them the same way as Clark Howard.

Since financial gurus have to get their points across in short three-minute segments, they don’t have the luxury of nuance, says David.

David explains how fixed index annuities actually work, and why you can’t lose money in a fixed index annuity in its simplest form.

David touches upon the role of surrender charges and how Howard is wrong about them.

In traditional stock market investing, you’re not supposed to withdraw more than 4% per year.

Mentioned in this episode:

David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code

DavidMcKnight.com

DavidMcKnightBooks.com

PowerOfZero.com (free 3-part video series)

@mcknightandco on Twitter

@davidcmcknight on Instagram

David McKnight on YouTube

Get David's Tax-free Tool Kit at taxfreetoolkit.com

Clark Howard

  continue reading

290 episodi

Artwork
iconCondividi
 
Manage episode 409038440 series 2488671
Contenuto fornito da David McKnight. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da David McKnight o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity.

Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard one of them describe them the same way as Clark Howard.

Since financial gurus have to get their points across in short three-minute segments, they don’t have the luxury of nuance, says David.

David explains how fixed index annuities actually work, and why you can’t lose money in a fixed index annuity in its simplest form.

David touches upon the role of surrender charges and how Howard is wrong about them.

In traditional stock market investing, you’re not supposed to withdraw more than 4% per year.

Mentioned in this episode:

David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code

DavidMcKnight.com

DavidMcKnightBooks.com

PowerOfZero.com (free 3-part video series)

@mcknightandco on Twitter

@davidcmcknight on Instagram

David McKnight on YouTube

Get David's Tax-free Tool Kit at taxfreetoolkit.com

Clark Howard

  continue reading

290 episodi

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