In this conversation, Mike Milligan and Gary Nolan discuss the evolving landscape of retirement savings, highlighting the increased accessibility of financial information and the importance of financial literacy. They explore the risks associated with retirement, including rising costs, economic uncertainties, and tax burdens. The discussion also delves into the concept of using superheroes as metaphors for financial planning strategies, emphasizing the importance of starting early, diversifying investments, and embracing technology. Finally, they address the benefits of annuities in providing guaranteed income for retirees. In this conversation, Mike Milligan discusses the various aspects of annuities, including their benefits for retirement income, protection against inflation, and the risks associated with variable annuities. He emphasizes the importance of tax-deferred growth and principal protection in volatile markets. The discussion also covers how to evaluate portfolio performance and the strategies for investing in mutual funds and index annuities. Milligan highlights the need for comprehensive financial planning and the value of understanding one's financial situation.