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Is it Ever Okay to Surrender an Annuity Early?
Manage episode 431333101 series 3589430
Kedrec and Kedrec LLC द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Kedrec and Kedrec LLC या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
"You can't change horses midstream", or so goes the old saying. In today's episode, Mike discusses when or if it makes sense to change, or surrender an annuity, and pay the penalty or fees. What situations are beneficial to include an annuity as part of your retirement plan? If you have one, and the rates drop, should I get out of it? Does paying the surrender penalty make sense to find a better one? What are the annuity bonuses all about? All of these questions are answered and more, in this episode of How to Retire on Time.
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