Are annuities a good investment is a question financial professionals get asked a lot. It’s asked a lot because they can be confusing. You may not understand what they are, how they work, and who they are for.
Sean Gillespie is a financial advisor and Navy veteran. He’s the Co-founder & Managing Partner of Redeployment Wealth Strategies. After serving 20 years as a surface warfare officer, Sean began his second career as a fee-only financial planner for military and veteran families.
In this episode, Sean breaks down what annuities are, their pros and cons, when they should be used, and what service members should know about them.
Annuities can be confusing and because of that, sometimes people take advantage of the military community and people who may not fully understand how they should be used in your overall financial strategy. Or should even purchase an annuity? Having more knowledge about annuities can help you make an informed decision so I’m happy to have this convo with Sean.
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