In this episode of the Retire Early podcast, financial advisors and retirement planners Linwood Fraher & Sam Benson take a deep dive into annuities—what they are, how they work, and whether they make sense for your retirement plan. They explain the different types of annuities, their pros and cons, and how they can provide guaranteed income in retirement. Linwood and Sam also address common misconceptions about annuities, when they might fit into a retirement strategy, and when you may be better off with other investment options. This episode will help you cut through the noise and make an informed decision about whether an annuity belongs in your financial plan. Want to work with us?Visit: http://retirewithmartin.com/Learn more: www.planwellretirehappy.com 00:00 Introduction and Welcome00:47 What Is an Annuity?03:15 Types of Annuities Explained07:22 The Pros: Guaranteed Income and Peace of Mind10:54 The Cons: Fees, Complexity, and Restrictions14:38 When an Annuity May Be a Good Fit18:45 When to Consider Other Options22:10 Common Misconceptions About Annuities25:30 Final Thoughts and Advice27:05 Conclusion and Contact Information Disclaimer:Opinions expressed herein are solely those of Martin Wealth Solutions, unless otherwise specifically cited. Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties’ informational accuracy or completeness. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.