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Michael Fritts is a licensed insurance agent with Fritts Financial in Knoxville, Tenn., and he is a Series 65 investment adviser representative with Brookstone Capital Management. He received a bachelor's degree from Columbia College in Chicago, where he graduated magna cum laude. His goal is to help create retirement strategies that are custom-suited to clients by using a variety of investment and insurance products. He enjoys reading, writing and spending time with his wife, Heather, and their twin toddlers.
A well-rounded retirement portfolio could have a spot that the right annuity (and RIGHT is the key word here) might fill very nicely.
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Do you ever find yourself faking it when people talk finances? "Fiduciary," "sequence of returns risk," the "4% rule," these are all handy expressions that it pays to fully understand.