In this episode, Eric dives deep into the world of variable annuities, sharing his personal experiences and insights as a former seller of these financial products. He discusses the pros and cons of variable annuities, emphasizing the importance of understanding their complexities and costs. Through a real-life client story, he illustrates the potential pitfalls of working with commission-based advisors and advocates for the benefits of engaging with fee-only fiduciaries. The episode concludes with practical advice for listeners considering variable annuities and the importance of seeking second opinions in financial planning.
Watch videos at https://www.youtube.com/@eerod10
Learn more about Eric and WealthBuilders at https://wealthbllc.com
Music by @jaywash https://soundcloud.com/washjay
Watch videos at https://www.youtube.com/@eerod10
Learn more about Eric and WealthBuilders at https://wealthbllc.com
Music by @jaywash https://soundcloud.com/washjay