Annuities Have Surrender Penalties And That Is A Good Benefit

Annuity contracts allow for 10% of the account value to be withdrawn annually, this can be done all at one or more than once. If an annuity is used as an income stream, surrender penalties are waived. In the event of death almost always surrender penalties are waived for the beneficiary. In addition, most contracts allow for access to the account funds in the event of long term illness or terminal illness.

By |2020-05-13T16:59:13+00:00May 13th, 2020|Annuities, Retirement Planning|

What If It Was Me

Today I was thinking, “What if it was me?” I’ve always tried to run my company and business by running my decisions or recommendations through that filter. What if it was my family? The Mission Statement for SAFE Harbor Financial is: ”Our goal is to conscientiously provide Estate & Retirement Financial advice consistent with what [...]

By |2020-04-15T01:17:09+00:00April 3rd, 2020|Annuities|

How To Secure Guaranteed Retirement Income In A Volatile And Chaotic World

No one knows how to time the stock market, no one! By Brad Pistole - Certified Financial Fiduciary® I’ve been the host of Safe Money Radio for more than a decade. If you’ve ever listened to one of my shows, you will hear me say one thing regularly when it comes to your retirement plan [...]

By |2020-04-12T23:36:54+00:00April 2nd, 2020|Annuities|

The 3 Biggest Concerns About Variable Annuities

Variable annuities and fixed annuities are very different creatures. Fixed annuities earn a set rate of interest for a specific time period. Variable annuities invest your funds in separate accounts (sub accounts) that invest in securities such as stocks and bonds, etc. Each separate account will offer specific investment objectives, you select the accounts that will best help you reach your goal. Here are specific points to understand before investing in variable annuities.

By |2020-04-16T00:09:35+00:00March 28th, 2020|Annuities|

Which Way To Turn

Quarantined, isolated and confused Today, March 23, 2020, I am sitting in my home, self-isolated, keeping a social distance away from the rest of the world, and I have a slight tickle in my throat. I am watching TV with one eye on the stock market as the Dow drops lower and lower, and with [...]

By |2020-04-15T01:06:46+00:00March 25th, 2020|Annuities|

Volatility, Information, The Stock Market and Annuities

Volatility is what drives the stock market, it changes. As it changes, opportunities exist to make money whether betting on a movement up or a movement down of the market. All that is needed to make the stock market work is volatility and what drives volatility? Information.

By |2020-04-15T21:01:53+00:00March 23rd, 2020|Annuities, Retirement Planning|