Artwork

What is an Annuity?

Friends With Money

21 subscribers

published

iconShare
 
Manage episode 514907059 series 2948292
Content provided by Money Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

One of the great uncertainties in retirement is how long your savings will need to last. So, could annuities provide an answer?

On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Aaron Minney, head of retirement income research at Challenger, to unpack everything annuities.

00:00 Introduction

00:50 What are annuities?

01:33 Understanding how annuities work

04:40 Annuities vs account-based pensions

06:32 Pros and cons of annuities

09:02 Which retirees could annuities suit?

13:23 Sequencing risk and annuities

16:42 Perceptions and awareness

20:20 Conclusion

#friendswithmoney #tomwatson #aaronminney #annuities

Podcast Links:

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: [email protected]

Get stories like this in our newsletter: bit.ly/3GDirbR

Mentioned in this episode:

Best of the Best 2026 on sale now!

  continue reading

257 episodes