Peak 65, the Social Security Bridge, and Why 64% Now Pick Annuities

Brief Description

Jae (Education Fellow, Alliance for Lifetime Income) walks through PRIP 2025: Peak 65 demographics, inflation/volatility, and the Social Security “bridge” strategy. The punchline: plan off net, not gross—healthcare is Expense 1A. Clear takeaways on annuities vs. stocks and withdrawal pacing.

00:00:00 Welcome + what PRIP is and why it matters
00:01:00 Money’s naming problem: annuities boiled down to function
00:03:00 Peak 65 headlines: inflation, volatility, Social Security worries
00:05:00 Knowledge gaps + uncertainty = delayed decisions
00:06:00 Net vs. gross income: healthcare costs as Expense 1A
00:09:00 TINA is gone: rates, volatility, and “stocks for show, bonds for dough”
00:11:00 The 64% windfall stat: annuities vs. stocks and “why not now?”
00:16:00 Social Security “bridge” = hedging longevity risk (spousal angle, COLA)
00:22:00 The Four M’s: Mortality, Morbidity, Markets, Macro reality
00:27:00 Slow withdrawals (“conversion rate”) + wrap and next steps

In This Video