Do you know how long your retirement savings need to last? 💰
If that question fills you with dread, you're not alone. In fact, half of all US households are at risk of not being able to maintain their standards of living in retirement. The good news, according to Minji Ro of Gainbridge, is that this is a fixable problem. 🛠️
On this episode of the #HerMoneyPodcast, we dig into what annuities are — and how they can solve this so-called "longevity problem" that so many women face. We cover...
🏖️ Why economists like annuities
📊 The three main types: fixed, fixed index, and variable
⏳ How annuities address the unique retirement needs of women
We also hear from Jason Fichtner, Ph.D., Chief Economist at the Bipartisan Policy Center, on all of the above. Listen on your favorite podcast player here: https://lnk.to/0opMAX09
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