Description:
🎙️ In this episode of The Keep It Simple Podcast, host Joey Badinger from AssetBuilder breaks down the three major types of annuities — Fixed, Variable, and Indexed — to help you understand how each one works, what guarantees they offer, and which risks to watch out for.

You’ll learn:

• What annuities actually are and how they provide guaranteed income 💵

• The difference between accumulation and payout phases

• How inflation, fees, and surrender periods affect your returns

• Key benefits and drawbacks of Fixed, Variable, and Indexed annuities

• Why annuities can be valuable for retirement income — and when they may not be

Whether you’re nearing retirement or just trying to simplify your financial plan, this episode helps you keep it simple and invest smarter.

📩 Have questions?
Email: https://www.assetbuilder.com

00:00 – Disclaimer & Introduction
00:40 – What Is an Annuity?
01:30 – Fixed Annuities Explained
03:15 – Accumulation vs. Payout Phases
04:20 – Liquidity & Inflation Risks
05:00 – Understanding Variable Annuities
06:15 – Riders, Fees, and Death Benefits
08:30 – Indexed Annuities and How They Work
09:30 – Cap Rates, Participation Rates, and Growth Limits
10:30 – The Pros and Cons of Indexed Annuities
12:00 – Inflation, Risk, and Long-Term Strategy
13:00 – When Annuities Make Sense
13:40 – Final Thoughts & How to Get Advice

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