Prosperity Podcast Ep 039 Analyzing Annuities Through the Prosperity Principles

Analyzing Annuities Through the Prosperity Principles – Episode 039

Kim Butler and Todd Strobel respond to a user-question about annuities, analyzing annuities to see what they can and can’t do for you. Kim and Todd take a hypothetical annuity through the gamut of our Prosperity Principles. Kim defines the different types of annuities. Todd uses the Prosperity Principles against annuities. Finally, Kim and Todd explain where the apprehension towards annuities comes from and look at what to do with an annuity you already possess. Do you know how to apply the Principles of Prosperity to financial decisions? Find out on today’s episode of the Prosperity Podcast.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:37] Annuity Clarity

[2:02] Fixed and Variable Annuities

[7:01] Think From a Prosperous Mindset

[8:41] Look From a Macroeconomic POV

[9:39] Life-Only Payout

[12:17] Low Interest Rates

[13:37] Measure Opportunity Cost

[14:45] Where Does the Objection Come From?

[16:45] LIFO

[17:24] Cash Flow

[19:56] Control Your Money

[20:43] Money Should Move Through an Asset

[22:19] Multiply

[23:31] Summary

[24:05] Financial Planning Has Failed

[24:46] What to do With an Annuity

[26:28] Wrap-Up

[27:30] Outro

Share this post

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!