Who Benefits From Annuities The Most? Hint: It’s Not You
Most people who own annuities never went shopping for annuities. They were sold to them.
The biggest issue affecting the world of finance right now continues to be inflation. It was recently announced that the Consumer Price Index rose 8.6% year over year, and that is the highest number we have seen in more than 40 years. As mentioned many times before on The Financial Physician, inflation is going to get much worse before it gets better. The big narrative in the financial press is that inflation is peaking, and that is simply not the case.
We are undoubtedly in some scary times from an economic perspective. Host Lou Scatigna, CFP® continues to help listeners navigate through global volatility in this segment from The Financial Physician.
Most people who own annuities never went shopping for annuities. They were sold to them.
Listen to The Financial Physician, where Lou Scatigna, CFP® talks money, markets, politics and other topics that affect your financial life.