Theodore Saade’s secret to sleeping well at night during a down market? Annuities!
He suggests annuities make up no more than 20% of a household’s liquid net worth, sharing with Ben Mattlin that the income, “acts as a hedge against the forced selling of parts of a portfolio at depressed values to fund living expenses.”
Read the Financial Advisor Magazine article and learn the importance of annuities here: https://www.fa-mag.com/news/where-annuities-fit-in-the-puzzle-73345.html