Retirement Scam Alert for Police Officers: Avoiding High Fees and Annuities in Your IRA

In this clip, financial advisor Chris Englebert warns police officers of a common scam in the financial world targeting their retirement savings. Some investment professionals offer guaranteed income annuities when officers roll over their 457 plan to an IRA. However, Englebert explains that annuities inside an IRA are unnecessary and often come with excessive fees and commissions. He advises officers to instead hire an investment advisor to manage their portfolio and take out their 5% guaranteed income. Avoid falling victim to scams and make informed decisions about retirement savings.

Watch the first time Chris was a guest
https://youtu.be/iS8LhWQOs3Q  

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Watch the full episode here: https://youtu.be/OFBJQBjJkMU 
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