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Watch this video to know more about the pros and cons of annuities, especially about the bad chicken dinner sales pitch!

Should I Be Concerned About Market Volatility?

Stan Haithcock
Stan Haithcock
March 16, 2024

Market volatility has become a part of the financial landscape. The Dow is up one day, and the S&P is down the next. I feel like I have gotten whiplash from watching the market in recent years. A common question is whether market volatility is something to worry about. If you're pondering this dilemma, I tackle it in this week's video, 'Annuities Versus Market Volatility.' As retirement approaches, market volatility is something that should be addressed.

An annuity might not be necessary if you can ride out several market downturns without affecting your lifestyle. But if you are concerned that a significant market drop will leave you in a financial pinch, an annuity can provide the lifetime income you need or the principal protection you want.

In this week's 'Shootin' It Straight With Stan,' I emphasize that annuity decisions should be simple and contractual. If you purchase an annuity, it should solve a specific financial need, and you should know exactly what you are getting and when you are getting it. This includes ensuring your spouse has a lifetime income, a topic I covered in 'Q&A Friday,' where I discussed 'The Best Way to Set Up Annuity Income for My Spouse.'

If you aren't sure where to start, Book A Call with my team. We'll tell you whether you need an annuity and, if you do, help you find the highest contractual guarantee for your situation.

Stably Yours,

Stan