Flipping the Script on Annuities: Jae Teams Up with ChatGPT for Retirement InsightsIn this episode of Jae’s Corner, Jae turns interviewer and lets ChatGPT break down annuities step by step. Discover why some people love annuities for lifetime income, why others avoid them for fear of fees and restrictions, and how you can decide if they fit into your broader retirement plan. From understanding common types to tackling sequence of returns risk, you’ll walk away with a clearer sense of whether—and how—annuities might work for you.

In This Podcast:

1. 00:00:00 Flipping the Script – Jae becomes the audience, posing everyday annuity questions to ChatGPT.

2. 00:01:10 Asking the Right Questions – How better questions unlock better answers from AI and financial pros.

3. 00:02:15 What Are Annuities, Really? – The core concept of turning a lump sum into a predictable income stream.

4. 00:03:00 Love ’Em or Hate ’Em? – Why annuities spark big debates among retirees and advisors.

5. 00:05:00 Exploring Different Types – A plain-English breakdown of fixed, variable, and indexed annuities.

6. 00:08:00 Deeper Dive on Fees – Uncovering the often-overlooked layers of costs in variable annuities.

7. 00:10:00 Lifetime Income – Evaluating the real value (and trade-offs) of guaranteed checks for life.

8. 00:14:00 Sequence of Returns Risk – How annuities can act as a buffer in turbulent markets.

9. 00:18:00 The Battle of Ads – Debunking the “I hate annuities” stigma versus shiny sales pitches.

10. 00:22:00 Final Thoughts & Next Steps – How to figure out the right features and allocate wisely.