Oh my god Charlie, this bugs me too! I rant about it on a weekly basis. So called "advisors", they're so deceitful.
@JasonBrown033Ай бұрын
AMEN!!!! Well said, Charlie!!
@frankmagnifico316012 күн бұрын
is "guaranteed withdrawal benefits'" the same as 'annuitizing the money'?
@charliegipplecfpcluchfc953312 күн бұрын
@@frankmagnifico3160 great question. Completely different. Annuitization means you just turn it into a payment stream. A guaranteed lifetime withdrawal benefit rider is an overarching guarantee of withdrawals that you can take from your annuity and even if the annuity value hit zero, that payment still continues. GLWB’s mean that you don’t lose complete control when you start taking income. Relatively new invention as of a couple of decades ago.