Discover how Ruth's purchase of an annuity in the 1920s provided him with financial security during the tumultuous years following the Great Depression, offering valuable lessons for today's retirement planning.
In this episode, Steve and Derek discuss the evolution of annuities and the importance of choosing the right annuity to meet individual financial goals. Learn about the benefits of modern annuity options, including guaranteed principal and income, and how they can provide peace of mind in retirement.
The conversation also delves into the potential future of Social Security benefits and innovative solutions like the Social Security Risk Score, exclusive to Hoyl Financial Group clients.