Fixed, Indexed, or Variable? Understanding the 3 Types of Annuities Description:🎙️ In this episode of The Keep It Simple Podcast, host Joey Badinger from AssetBuilder breaks down the three major types of annuities — Fixed, Variable, and Indexed — to help you understand how each one works, what guarantees they offer, and which risks to watch out for. You’ll learn: What annuities actually are and how they provide guaranteed income 💵 The difference between accumulation and payout phases How inflation, fees, and surrender periods affect your returns Key benefits and drawbacks of Fixed, Variable, and Indexed annuities Why annuities can be valuable for retirement income — and when they may not be Whether you’re nearing retirement or just trying to simplify your financial plan, this episode helps you keep it simple and invest smarter. 📩 Have questions?Email: podcast@assetbuilder.com🌐 Learn more: https://www.assetbuilder.com Timestamps: 00:00 – Disclaimer & Introduction00:40 – What Is an Annuity?01:30 – Fixed Annuities Explained03:15 – Accumulation vs. Payout Phases04:20 – Liquidity & Inflation Risks05:00 – Understanding Variable Annuities06:15 – Riders, Fees, and Death Benefits08:30 – Indexed Annuities and How They Work09:30 – Cap Rates, Participation Rates, and Growth Limits10:30 – The Pros and Cons of Indexed Annuities12:00 – Inflation, Risk, and Long-Term Strategy13:00 – When Annuities Make Sense13:40 – Final Thoughts & How to Get Advice Keywords: annuity types, fixed annuity, variable annuity, indexed annuity, guaranteed income, retirement planning, assetbuilder, Joey Badinger, annuity explained, financial education, investment podcast, fiduciary advisor, Plano Texas financial advisor, compound interest, annuity vs IRA, retirement income planning Hashtags: #KeepItSimplePodcast #AssetBuilder #JoeyBadinger #RetirementPlanning #FixedAnnuity #VariableAnnuity #IndexedAnnuity #FinancialEducation #InvestingSimplified #GuaranteedIncome