The Truth About Annuities: What Retirees Need to Know

The Truth About Annuities: What Retirees Need to Know

| June 09, 2026

The Truth About Annuities: What Retirees Need to Know

On No Lazy Money on WJR, host Ryan Ermanni talks with Nick Hopwood, CFP®, and Jim Pilat, CFP®, of Peak Wealth Management about annuities and the role they can play in retirement planning. The discussion covers how annuities work, the different types available, and the situations where they may be considered as part of a retirement income strategy. Nick and Jim also explain who may be a suitable candidate for an annuity based on individual financial goals, retirement needs, and overall planning considerations.

Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.

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Listen to the full June episode here: