Annuities (Fixed Term and Lifetime)

Season 2, Episode 2 – Join David and Aaron, along with India Smitham from Challenger, as they discuss how annuities work.

After listening, you will have a deeper understanding of this type of retirement product, the intricacies of how they work, and the benefits they offer, especially for part Age Pension recipients.

Links to assist in understanding the types of annuities and annuity strategies mentioned in this episode:

Annuities – Turn your super or other savings into a guaranteed income when you retire: https://moneysmart.gov.au/retirement-income/annuities

Challenger – Are you getting the Age Pension you’re entitled to? https://www.challenger.com.au/personal/retirement/insights/are-you-getting-the-age-pension-youre-entitled-to?pid=c_LFWC_399APCusarticlecontent_df_

Challenger – Statutory Fund explained + Video: https://www.challenger.com.au/personal/why-invest/about-the-guarantee

Scam Prevention – Connecting to public Wi-Fi and hotspots: https://www.cyber.gov.au/protect-yourself/staying-secure-online/connecting-to-public-wi-fi

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DISCLAIMER: This podcast contains general financial information only. This means the information does not take into account your objectives, financial situation, or needs. Therefore, you should consider if the information is appropriate for you and your needs before acting on it. If you’re unsure about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance.