Annuities as a retirement spending solution
The guest argued that using an annuity to create a 'forever paycheck' can help retirees overcome the psychological barrier to spending from their assets.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.
The Callback
15-year horizons justify eliminating short-term bond holdings
50 weeks between these two statements.
The guest argued that setting up automatic withdrawals based on a safe withdrawal rate can help retirees overcome underspending by forcing them to use the money they have safely allocated.
The guest argued that using an annuity to create a 'forever paycheck' can help retirees overcome the psychological barrier to spending from their assets.