Have you ever wondered if purchasing an annuity makes sense for you?There are two conflicting opinions from financial advisors: some advocate for annuities while others advise against them. James explores the concept of being a fiduciary and the challenges of understanding the financial advisory industry. He covers when annuities may be a suitable option, such as providing guarantees, protecting against longevity, guaranteeing core expenses, and the benefits of Qualified Longevity Annuity Contracts (QLACs) in reducing required minimum distributions.There is no one-size-fits-all approach to financial planning. Your individual circumstances and goals will determine whether annuities are the right choice. It's always a good idea to seek professional advice and review all your options when making decisions about annuities.Questions answered:Is an annuity a suitable financial product for retirement planning?What factors should you consider when deciding whether to purchase an annuity?Timestamps:0:00 Intro2:51 What is a fiduciary?8:43 Explaining annuities10:53 The wrong way to look at it13:23 Another way to look at it17:53 When is there a case for an annuity?19:49 Another case22:06 Qualified Longevity Annuity Contract24:40 OutroCreate Your Custom Strategy ⬇️ Get Started Here.