One of the great uncertainties in retirement is how long your savings will need to last. So, could annuities provide an answer? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Aaron Minney, head of retirement income research at Challenger, to unpack everything annuities.00:00 Introduction00:50 What are annuities?01:33 Understanding how annuities work04:40 Annuities vs account-based pensions06:32 Pros and cons of annuities09:02 Which retirees could annuities suit?13:23 Sequencing risk and annuities16:42 Perceptions and awareness20:20 Conclusion#friendswithmoney #tomwatson #aaronminney #annuitiesPodcast Links:Listen on Apple PodcastsListen on SpotifyMoney WebsiteYouTube Podcast PlaylistEmail Us: [email protected] stories like this in our newsletter: bit.ly/3GDirbR

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