1. EachPod

241 what is an annuity

Author
Dev Raga
Published
Tue 20 Sep 2022
Episode Link
https://shows.acast.com/my-millennial-money-medical/episodes/241-what-is-an-annuity

In today's episode Dev explains the purpose of an annuity and how someone might use it as part of their retirement strategy. He covers:


👉 what is an annuity and how does it work

👉🏼 the different types

👉🏽 what happens if you die?

👉🏾 how is taxation handled within annuities

👉🏿 companies that offer them

👉🏻 the good and the bad


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf


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