Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
Manage episode 284124756 series 1129321
Because of the advances in annuity engineering over the past five years, the demand for a newer form of annuity has steadily risen. No longer an afterthought, specific types of annuities have taken center stage for smart investors looking to nail down preservation and income. Why? Because pensions are being phased out, and interest rates on bonds are stuck near two hundred year lows. Once upon a time, a million dollars in treasury bonds would pay a retiree seventy thousand dollars a year or more, guaranteed. Today, that same ten year treasury bond is yielding less than one-and-a-half percent, meaning you'd be tying up your money for ten years-- getting less than FIFTEEN thousand dollars a year. That's why bonds, not annuities, are suddenly the afterthought. Who could think of building their retirement around one percent bonds? If you want the straight scoop on the benefits of principal secure, uncapped NEXT GENERATION retirement annuities, this is a show you don't want to miss...MASTERING MONEY is on the air!!!