Examine the different types of annuities and see if an annuity is the right fit for your retirement portfolio.

Running Out of Money Before You Run Out Of Life

The devastating effects or living too long (the longevity crisis) and not having enough funds to maintain an anticipated quality of retirement is a real concern. LIMRA reports: The average life expectancy for a person who reaches the age of 65 is 83 for males, 86 for females. LIMRA purports that the proper way to interpret these statistics is to assume half of all males who reach age 65 will live past 83 and half of the females who reach that age will live past 86. Half of all couples who reach age 65 will have one partner hit 90.

By |2021-08-31T20:15:27+00:00July 24th, 2021|Annuities, Retirement Planning|

Will Your Retirement Income Go The Distance?

What is the number one worry for retirees? Not having enough money saved to last them in their golden years. Industry expert Tom Hegna has written extensively about this fear in both of his books “Don’t Worry, Retire Happy” and “Paychecks and Paychecks.” He states, “The number one risk retirees must take off the table [...]

By |2021-06-29T23:42:01+00:00July 23rd, 2021|Annuities, Retirement Planning|

Charitable Gift Annuities

A charitable gift annuity (CGA) provides a structured way to give to charity while securing your own future. A gift annuity purchaser secures immediate tax relief, in addition to monthly dependable retirement income stream. The way this works is that in return for a lump sum gift contribution, the charity guarantees you a steady income for the rest of your life, options include immediate or deferred

By |2021-07-20T19:30:30+00:00July 20th, 2021|Annuities, Annuities 101|

There Are Fees And Then There Are Fees

I believe in full transparency when presenting solutions to my clients for their goals and needs. There is no perfect product for everyone, so we need to do a complete fact-finder to find the right product to satisfy the situation. Sometimes, I can offer no solution, and I will state that immediately, so we don’t [...]

By |2021-06-30T00:13:50+00:00July 18th, 2021|Annuities, Retirement Planning|

20 Questions To Ask When Interviewing Annuity Agents

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. It isn’t easy [...]

By |2021-08-31T20:17:10+00:00July 16th, 2021|Annuities|

You’ve Made It Up The Mountain; Now You Need Retirement And Income Planning To Get You Down.

"As you move from the accumulation segment of your financial life into the distribution phase, can you truly afford to take on more risk?"- Diane Marra As I lamented in my book, Retirement Planning Made Easy, the concept of retirement has taken on some negative connotations in the 21st Century. Along with an intensely complex [...]

By |2021-07-20T00:24:37+00:00July 15th, 2021|Annuities, Estate Planning, Retirement Planning|

Should You Wait To Purchase An Annuity?

"It's impossible to know if annuity rates will increase. Holding too much cash while waiting for annuities to go up may put you behind the eight ball when the time comes to retire." Scott Self Annuities are an ideal choice for pre-retirees and retirees looking for safe growth, tax advantages, protection of principle, or legacy [...]

By |2021-07-15T18:08:04+00:00July 15th, 2021|Annuities, Retirement Planning|

Is Your Advisor Giving You The Right Advice?

"If people would look carefully at their advisor recommended portfolio, they probably would find they are being charged an advisory fee by their advisor and then learn they are paying another fee in the mutual fund to have their money managed. Double fees."  Jeff Wisuri I cannot count the number of times I have sat [...]