One of our Golden Retirement websites, Go2Income.com, was launched as a place for consumers to gather information about income annuities and how they make retirement better. I recently decided to personally speak with visitors there to learn more about the challenges they were facing in planning for their retirement income.
I learned a few things from those conversations.
First, the visitors had done their homework. They had studied their options and needed just a little more information to make a decision about an important financial purchase.
Second, I confirmed something I already suspected: income annuities are not a turn-off to these individuals and they understand their unique benefits.
Third, they appreciated speaking with someone knowledgeable in this space. One caller told me his advisor explained that the advisor wasn’t licensed to sell annuities and so couldn’t discuss them. Another brought up the topic with an insurance agent — who is able to sell income annuities – but the agent admitted he didn’t know anything about the new IRS-approved QLAC. More