<p>In this episode Glen is joined by financial adviser Nathan Fradley to discuss what an annuity is and how it works. They cover:</p><br><p>👉🏼 what are annuities and why are they incentivised</p><p>👉🏽 how they work</p><p>👉🏾 Centrelink concessions</p><p>👉🏿 a practical example case study</p><p>👉🏻 will I be better off by using an annuity?</p><p>👉 does the payment increase?</p><p>👉🏼 who do they help</p><p>👉🏽 downsides to consider&nbsp;</p><br><p>&nbsp;📘 The Quick-Start Guide to Investing by Glen James and Nick Bradley: <a href="https://www.investingbook.com.au/" rel="noopener noreferrer" target="_blank">https://www.investingbook.com.au/</a></p><br><p>Subscribe to Retire Right on Youtube:<a href="https://youtube.com/playlist?list=PLQW_VRWNC0jR1KQDXi5pcXwREjc0pde9L&amp;si=zIMg1Vow9SOhug_Z" rel="noopener noreferrer" target="_blank"> </a><a href="https://www.youtube.com/@RetireRightAus" rel="noopener noreferrer" target="_blank">https://www.youtube.com/@RetireRightAus</a></p><br><p>If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional:<a href="https://www.retireright.com.au/get-help" rel="noopener noreferrer" target="_blank"> https://www.retireright.com.au/get-help</a></p><br><p>Sign up to the Retire Right newsletter here:<a href="https://email.retireright.com.au/" rel="noopener noreferrer" target="_blank"> https://email.retireright.com.au/</a></p><br><p>🏡 Join the Retire Right facebook group:<a href="https://www.facebook.com/groups/retireright" rel="noopener noreferrer" target="_blank"> https://www.facebook.com/groups/retireright</a></p><br><p>To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), <a href="https://www.moneypodcast.com.au/mmmshownotes" rel="noopener noreferrer" target="_blank">click here</a>.</p><br><p>Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose</p><p>&nbsp;to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. Symo Interactive Pty Ltd trading as Retire Right Australia &amp; Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice AFSL 243313.</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>