Josh Scandlen Podcast

I have a financial planner friend who came across a client being solicited to roll a TSP(Thrift Savings Account) into an index annuity.  My friends radar went up and suggested I do a video on Index Annuities, which I'm happy to do here in this video.  Now, be advised, I am a 100% fee-only, fiduciary advisor.  This means I sell NO products.  Thus I sell no annuities.  Some may think I'm biased AGAINST these products because a lot of fee-only, fiduciary advisors,  are opposed to all annuities.  That is not me.  Annuities have a place in a clients toolkit for sure.  In fact, there is becoming a cottage industry of  academics extolling the benefits of INCOME annuities for most retirees.   I'll do a video on that in a future episode.  However, in this case, after analyzing the brochure for index annuities, I simply do not see the value here, especially when it comes to rolling over ones TSP to it.  In this video, I analyze the growth potent