Botsford: Retirement Income Focus

Award winning financial planner Erin Botsford believes traditional retirement approaches including heavy reliance on stock and bond investments, asset allocation strategies and set annual withdrawals are unreliable and in some cases downright dangerous. Instead the CEO and founder of The Botsford Group relies on guaranteed sources of income to pay for life’s necessities. WEALTHTRACK #1214. Broadcast on September, 25, 2015

[@ronwhiteleo3352]

Great everyday advice that doesn't talk over my head..

[@nicolasallen8072]

The problem with annuities, bonds and cash is inflation risk.

[@jackburton806]

Annuities? I don't think annuities make sense for almost anyone. There are managed payout funds or you could ladder cd's to make 3.5% in the current market. either of those options would generate almost the same income but, and here is the big but, you still have your original pool of money. If I give an insurance company 100k and they pay me 450$ a month but give up the 100k, as opposed to getting 350$ a month and still having the 100k unless I am planning on living to 120 the annuity makes no sense.

[@georgejohnit]

hhe he he..

[@maryfields1382]

I heard "annuity". Bye-bye.