Paul covers some of his biggest gripes about the insurance industry selling investment products and addresses a listener who noticed other big firms have started openly speaking against annuity products as well. Listen along as Paul shares that some firms genuinely discourage annuity products out of the best interest of investors while others rail on annuities because they don’t specialize in selling them and want to push you into the products they do sell. Later in the episode, a study reveals that most people over the age of 50 are not confident about retirement. Paul shares why it might be a good idea to only contribute to your 401(k) up to the match and to look at IRAs after that.
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