By Bill Broich I remember the early years in Olympia Washington learning to sell annuities, it was tough. Not only tough for me but tough for anyone who was anything other than a “stockbroker”. Not only were our products not fully developed but we were the “ugly” stepchild of the financial world. Annuities were considered a second [...]
By Bill Broich Beginning in 2014, new rules were put in place governing the premiums paid for higher earners. If adjusted gross income (AGI) (which includes earned interest and tax exempt interest (municipal bonds) is over $85,000 for single taxpayers or $170,000 for married couples, they will be subject to the income related monthly adjustment [...]
By Bill Broich Finding a competent annuity salesperson is not especially easy. The reason is simple, for many advisors or agents, annuities are a secondary business. Agents specialize in life insurance, long term care insurance and only handle annuities as an add on. Finding a real expert about annuities requires interviewing agents and asking questions. [...]
By Bill Broich It hasn’t even been that long ago women could not vote in America. Not only that, there was a time when women were considered “property” of their husbands. In many parts of the world that is still the case. Fortunately, in America all are equal, well sort of. But guess what? Women [...]
By Bill Broich I like Halloween as do most people. I love to have the kids come to the door and “trick or treat” especially the little ones. They are so excited and so am I. Being scared is no fun ion real life especially the fear of the unknown. When we look at the [...]
Many investors see the stock market as a way to get rich quick, but if they don’t understand their investment, or how the stock market works, they could be in for trouble.
As we age, safety, security, and guarantees become more and more important. Having an income that will last a lifetime and ensuring that dignity is part of our existence is a priority.
Digital communication and information access is (quite suddenly) lifting the veil around many institutions and sources of information that were once shrouded in mystery.
What is the risk when using US Treasury Bills, US Treasury Notes, and US Treasury Securities as an investment vehicle? The danger is inflation.
Just a simple rate movement over time of 3% (3.25% discount rate) would reduce the actual value of all inforce US Treasuries by as much as 40% of their market value. Think what would happen if interest rates went even higher? Disaster would loom and trillions of dollars would evaporate if these assets were liquidated. Of course there would be a winner: the US Taxpayer. Treasuries would be replaced with a higher earning interest rate bond, but at a far less value a third of its market value of the original bond.