{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Michael Finke: Why Annuities Make Sense Right Now (From the Vault)","description":"In this episode, The Annuity Man and Michael Finke discuss:&amp;nbsp;   Annuities are more attractive today&amp;nbsp;   Protecting your future lifestyle&amp;nbsp;   Cutting little slices from the birthday cake   There\u2019s no perfect product to solve for inflation   &amp;nbsp; Key Takeaways:&amp;nbsp;   At the time of this episode\u2019s taping, near-retirees can lock in 5.2% on five-year MYGAs for the next five years; however, it may go up or down.&amp;nbsp;   When buying an annuity, you're buying yourself a minimum standard of living forever, no matter how long you live. You have to choose if you want to shoulder the risk or transfer it. Your future lifestyle is at stake.&amp;nbsp;   It\u2019s not going to be easy, but you must first recognize that you\u2019re not going to live forever. You have to decide how you could spread out your savings to accommodate your lifestyle until you die, or if you want to spend more money to have less worry.&amp;nbsp;   If you can be more flexible, then inflation\u2019s impact won\u2019t be that big of a deal. Also, there\u2019s no perfect product to solve for inflation. There are options that could help you have some stability through it, like Social Security and I Bonds.&amp;nbsp;   &amp;nbsp; &quot;If we model out 1000 different potential retirements, the ones who will have an annuity will, on average, be happier, but the ones with an investment portfolio might have a slightly higher probability of success. But there is no information about what failure means.&quot; \u2014&amp;nbsp; Michael Finke \u202f&amp;nbsp; Connect With Michael Finke: Website: http:\/\/www.michaelfinke.com\/&amp;nbsp; LinkedIn:&amp;nbsp; https:\/\/www.linkedin.com\/in\/michael-finke-8134808\/&amp;nbsp; Facebook: https:\/\/www.facebook.com\/mfinke&amp;nbsp; Twitter: https:\/\/twitter.com\/FinkeonFinance&amp;nbsp; &amp;nbsp; Connect with The Annuity Man:&amp;nbsp; Website: http:\/\/theannuityman.com\/&amp;nbsp; Email: Stan@TheAnnuityMan.com&amp;nbsp; Book: Owner\u2019s Manuals: https:\/\/www.stantheannuityman.com\/how-do-annuities-work YouTube: https:\/\/www.youtube.com\/channel\/UCCXKKxvVslbeGAlEc5sra2g&amp;nbsp; Get a Quote Today: https:\/\/www.stantheannuityman.com\/annuity-calculator! ","author_name":"\u201cFun With Annuities\u201d The Annuity Man Podcast","author_url":"https:\/\/www.TheAnnuityMan.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39337055\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/39337055"}