In the world of finance, especially in light of market downturns or crashes, you may notice the phrases “flight to safety” or “flight to quality” being used more frequently. But what does it mean, and when do financial professionals advise and encourage clients to board that plane?
The “flight to safety” refers to the movement of capital from riskier investments to safer investment alternatives during times of market volatility or economic uncertainty. One method that aligns with this strategy is exchanging a variable annuity policy for a fixed indexed annuity policy to accomplish the same goal of wealth generation and lifetime income but without the risk of capital loss.
In this episode of Money Script Monday, Kyle calls attention to a tremendous opportunity for variable annuity policy owners who are looking to maximize long-term income.
Resources Provided for This Episode
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