We all know the difference between a mutual fund, a pension and a savings account. You don’t spend too much time thinking about what a savings account IS, but rather what it DOES for you. Likewise with retirement. A pension has only one purpose: to give you an income that you can never survive. Easy stuff. Mutual funds generally have one main goal: to help you grow your money, but with more risk than a bank account or a pension. So, what is an annuity? Well, it can combine all these functions in one instrument. Today we will break down the basics of annuities to make them simple and easy to understand. A fact-filled show you won’t want to miss, MASTERING MONEY is on the air!!!

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This post Controlling Money 4/22/22 – IQ Wealth Management

was original published at “https://iqwealthmanagement.com/2022/04/07/mastering-money-4-7-22/”