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When you are one of the top personal money managers in the country, you have access to some of the top minds in the financial world. Owen Schrum’s status allows him to have conversations with the movers and shakers on Wall Street, which he then uses that insight to the benefit of his main street clients.

Today's topic is what a Lifetime Income Benefit Rider is? We're going to go over that guarantee for future income. You will understand how it works and if it fits what you're trying to achieve from an income later® standpoint.

Everybody is asking me this, how do interest rates affect annuities? Now, you just can't say they affect all annuities the same way because there are different types of annuities. What we're going to do is we're going to go through every single type that's out there, and I'm going to tell you precisely how interest rates affect each one of them.

After Jack Lenenberg first appeared on the Fun With Annuities podcast, I was inundated with questions from people wanting to know if they could qualify for Long Term Care (LTC) coverage.

So you're looking for income, and you want to know the difference between a lifetime income benefit rider and what's called annuitization. An annuitization means creating payments. With 10,000 baby boomers retiring every day, most people are looking for income and contractual guarantees.

Today let’s talk about QLACs, how to use IRA money for lifetime income, how that all sets up, why QLACS are even on the planet, and if it might be a fit for you. It might not be after you take a look at it. Just understand, with QLACs and all annuities, every single time, if it sounds too good to be true, it is. Annuities are contracts.

Fun With Annuities Podcast Celebrity Series

So happy to have Owen back on the Fun With Annuities podcast to wake people up to the fact that free ain’t always free. As one of the top money managers in the country, Owen addressed the crisis that affects too many Americans.

What does the maturity day on an annuity mean? Great question. Why do companies put maturity dates on policies? We will go over what that means, what your choices are, etc., so that when you get your policy and this maturity date on the policy, you'll understand precisely what to do.

Fun With Annuities Podcast Celebrity Series

Is an annuity affected by the stock market? The stock market and annuities are giant topics, and some are affected by the stock market, and some aren't. We're going to go through every single type of annuity, single premium, immediate annuities, deferred income annuities, QLACs, multi-year guarantee annuities, index annuities, variable annuities, all of them.

Let us help you make sure you master all the details of your longevity annuity so you can decide if they will be an asset to your specific retirement plan. How does longevity insurance work? Longevity insurance solves longevity risk; you are solving for never outliving your money, which is a fear that a lot of people have. You're solving for that contractually.

The annuity industry has done a poor job educating the public on the history of the product dating back to the Roman Times, and the unique benefit proposition that only annuities can provide. That financial monopoly is...Lifetime Income.

When it comes to retirement planning and making sure that you have enough retirement income in place, most people are relying too much on their Social Security payments. For all of you “annuity haters” out there, Social Security is the best inflation annuity on the planet...and every American owns one.

Or are they? It's common and required for all of us to have car insurance, health insurance, and homeowner's insurance. You can't drive a car or own a home without that type of coverage, and we pay these premiums without hesitation.