49. The Old Annuity Is Gone. Here's What Retirees Buy Now.

Like what you heard in this episode? 🗓️ Schedule a Retirement Income Q&A call with Dr. Amanda: calendly.com/rsf-dramanda/initial-consultation 🎥 The YouTube version of this video is here: www.youtube.com/@RetirementIncomeSchool ✍🏼 The Blog Version of this video is here: www.retirementsolutionsfinancial.com/blog //////// 49. The Old Annuity Is Gone. Here's What Retirees Buy Now.  Annuities have changed significantly over the years, yet many opinions about them are still based on older products and outdated contract designs.  In this lesson, Dr. Amanda explains the evolution of annuities and compares variable annuities, multi-year guaranteed annuities (MYGAs), and fixed indexed annuities (FIAs). You’ll learn how their fees, growth methods, protections, liquidity features, and income options differ—and why the right question is not whether annuities are good or bad, but what specific role an annuity needs to serve in your retirement plan. Timestamps: 00:00 – Why not all annuities are the same 01:29 – The misconception that all annuities have high fees 02:16 – How annuities have evolved over time 03:24 – How modern MYGAs work 05:41 – Fixed indexed annuities and market-linked growth 07:01 – Variable annuities, fees, and market exposure 10:56 – Comparing variable annuities, MYGAs, and FIAs 12:33 – Understanding fees by annuity type 13:37 – How lifetime-income riders work 14:35 – Old annuitization versus modern flexibility 16:29 – The roles annuities can serve in retirement 18:35 – Choosing an annuity based on the job it needs to do 18:51 – How to explore your annuity options 19:32 – Closing and educational disclaimer 📅 Want to Find Out More?: Schedule a Q&A Call with Dr. Amanda 💰 Join Us in the Retirement Income School™: www.RetirementIncome.School 📽️ Watch Retirement Income School™ Content on YouTube: www.youtube.com/@RetirementIncomeSchool 💰 Watch The Guaranteed Income Blueprint™: www.retirementsolutionsfinancial.com/guaranteed-income-blueprint 📬 Contact Dr. Amanda: Email: DrAmanda@RetirementSolutionsFinancial.com LinkedIn: @RetirementIncomeSchool About Dr. Amanda Amanda Barrientez | PhD, RICP®, RSSA®, NPN #19460436 IBC Practitioner®, Ed Slott's IRA Advisor Group Member® Court of the Table Member MDRT®  Dr. Amanda is the founder of Retirement Solutions Financial™ and creator of the Retirement Income School™. After losing her father and helping her mom navigate retirement, she felt called to help others avoid the stress and confusion of planning alone. She specializes in safe money strategies using dividend-paying whole life insurance, fixed index annuities, long-term care coverage, and Social Security claiming strategy. Her mission? To help you protect your wealth and enjoy a secure, stress-free retirement with confidence. ⚠️ DISCLAIMER The information in this podcast is provided for general educational purposes only and does not constitute financial, legal, or tax advice. Retirement Income School™ and Dr. Amanda Barrientez do not provide individual investment recommendations. Always consult with a licensed advisor or tax professional before implementing any strategy discussed.