On this episode of The Aul Financial Hour podcast, Steve discusses the importance of annuities in retirement planning, particularly in relation to longevity risk. He explains the different types of annuities and their roles in providing guaranteed income. The conversation then shifts to the impact of interest rates on retirement income strategies, emphasizing the need for individuals nearing retirement to reassess their options. Finally, the discussion covers social security optimization, highlighting the significance of survivor benefits and the advantages of delaying social security claims.
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Tune in with Steve Aul for “The Aul Financial Hour” on KMOX 1120 AM/104.1 FM every Saturday at 10:00 AM and Sunday at 6:00 PM and on 97.1 FM every Saturday at 6:00 AM.