Are annuities a smart income tool—or one of retirement’s most misunderstood investments? In this episode of The Retirement Project, Pat Schultz breaks down what annuities really are and why they spark so much confusion among investors. He explores the different types—including variable, fixed indexed, and income-based options—and how each may serve a unique role in a diversified portfolio. The conversation also covers liquidity concerns, fees, tax implications, and how to evaluate the strength of an insurance provider. It’s a practical look at separating fact from opinion when evaluating a complex financial tool.

For specialized guidance on a tax-smart retirement, visit Harriman Hall Wealth to schedule a complimentary, no-obligation consultation with Pat and his team today. Call 585-348-0982 Monday through Friday or email them: team@harrimanhallwealth.com