In this episode, Alex and Wade answer questions on safe withdrawal rates, annuities, and retirement planning. They discuss the considerations for investing in a Qualified Longevity Annuity Contract (QLAC) and the difference between immediate and deferred annuities. They also explore the use of Single Premium Immediate Annuities (SPIAs) in combination with Fixed Index Annuities (FIAs) and the benefits of buffer assets in reducing sequence risk. Additionally, they address the challenges of finding automatic options for equity investments and provide insights for individuals who are considering retirement but are unsure about their options. Listen now to learn more.Takeaways
Chapters
00:00 Introduction and Q&A on Safe Withdrawal Rate and Annuities02:06 Considerations for Investing in a QLAC04:16 Viewing Annuities as Insurance Products06:07 Choosing Between Investing and Buying a QLAC08:45 Using SPIA and FIA in Combination16:59 Using Safe Withdrawal Rate and RMDs21:37 Buffer Assets and Sequence Risk24:47 Automatic Options for Equity Investments28:40 Considering Retirement Options
Links
Registration for the next Retirement Income Challenge is OPEN: Learn more and join us for this LIVE 4-Day event starting on March 4th-7th, 2024 from 12:00 -2:00 PM ET each day by visiting risaprofile.com/podcast
The Retirement Planning Guidebook: 2nd Edition has just been updated for 2024! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/
This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/roth/ to download McLean's free eBook, "Is a Roth Conversion Right For You?"
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