 |
I Love AnnuitiesAuthor: Jeremiah Konger
Join Jeremiah Konger and Zachary Van Es, The Annuity Dudes, on the I Love Annuities Podcast, where we dive deep into the world of annuities and how they can provide guaranteed retirement income and financial security. Designed for retirees and pre-retirees, this podcast covers essential topics like fixed annuities, income annuities, fixed index annuities, and safe investment options. Discover strategies to protect your savings, create guaranteed income streams, and secure your legacy with annuities. Explore the best annuity rates, annuity strateies, and more on the I Love Annuities podcast! Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
Listen Now...
Is Your Pension As Safe As You Think? Pension Vs. Guaranteed Income Annuity - Control Your Income
Episode 39
Monday, 15 December, 2025
At 88 years old, Army veteran Ed Bambas should be enjoying a peaceful retirement.Instead, he’s working eight-hour shifts as a grocery store cashier—all because the pension he counted on vanished.After 40 loyal years at General Motors, Ed was offered a choice in 2012:👉 Keep his guaranteed lifetime pension or👉 Take a $300,000 lump-sum buyoutHe chose the lump sum.But seven years later—after his wife’s medical bills and the rising cost of living—that money was gone. Now Ed is back in the workforce at nearly 90 years old.In today’s episode of The Annuity Dudes, we break down the hidden dangers behind lump-sum pension buyouts and why millions of Americans may unknowingly be facing the same fate.💡 What You’ll Learn in This EpisodeWe unpack the emotional, financial, and mathematical realities behind choosing a lump sum vs. keeping your pension — including:✅ Why companies aggressively push lump-sum buyouts (and how it transfers ALL risk to you)✅ 5 hidden dangers of taking the lump sum that most retirees never consider✅ When a lump sum actually makes sense — with real-world decision frameworks✅ What to do right now if your employer offers you a buyout✅ How using a lump sum to purchase an annuity may recreate the guaranteed income you’re walking away from✅ Why stories like Ed’s are becoming more common as traditional pensions disappearThis isn’t just Ed’s story — it could be yours if you don’t understand the risks behind the decision.🎯 Who This Episode Is ForRetirees, pre-retirees (ages 50–75), corporate employees offered pension buyouts, and anyone concerned about replacing guaranteed income in today’s retirement landscape.📈 Want Your Own Pension-Style Income Plan? Schedule a Free Annuity Discovery Zoom Meeting Here: https://annuityassociation.chilipiper.com/concierge-router/link/annuity-association-1st-appointment-routing?utm_source=podcastIf you’d like a personalized free annuity income comparison, using the same tools we show on the podcast, you can run your numbers here:👉 Link to your report or multi-point inspection tool⏱️ TIMESTAMPS00:00 — Introduction02:30 — Ed Bambas’ Story: From GM to Grocery Store Cashier08:00 — The Great Pension Shift: How Companies Transferred Risk to You15:00 — The Lump Sum Trap: The 5 Hidden Risks Nobody Talks About22:00 — When Lump Sums Actually Make Sense27:00 — Your Action Plan: What To Do If You’re Facing This Decision33:00 — Resources & Protection Strategies🔔 Subscribe for More Retirement ClarityWe publish weekly episodes breaking down annuities, retirement income planning, misunderstood risks, and the tools retirees need to make smarter decisions.
