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 [...]
"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 [...]
What is it about contentment that causes people to be blind to danger? As defined by http://www.dictionary.com, a parable is a short allegorical story designed to illustrate or teach some truth, religious principle, or moral lesson. The parable we are talking about today is to teach the truth about people and how they behave. The [...]
If you know the truth about America's finances, it should make you mad! Consider that One-fifth of all United States dollars ever printed has entered existence within the past year. A WHOPPING 20% of our new money supply printed within the past year! This craziness has led the Federal Reserve to expand the US balance [...]
I get asked this question a lot. "What is an Annuity?" Most people I talk to when it comes to retirement planning either do not understand annuities or have heard much negative press regarding annuities. I feel the simplest way to explain what an annuity is and why they play a significant role in any [...]
Let me pose this question, do you insure your home? Your Cars? Your valuable possessions? Of course, you do. Why? Because you do not want to be exposed to risk or loss, you pass that obligation to a risk bearer, an insurance company. It is just human nature to wish to protect [...]
I think we can all agree that the stock market has been extremely volatile since the COVID-19 pandemic. But what has the market done and what was the average return from the beginning of the stock market. Well, let us investigate the truth, believe it will be a real eye-opener. We have had a bear [...]
How would you like to play poker where the casino told you they would guarantee you that you will make money on every winning hand and, you would break even on every losing hand. You would line up for that table, wouldn’t you? That is precisely what we offer with Fixed Index Annuities. Tax deferral [...]
I think we can all agree we live in unprecedented times with a worldwide pandemic, anarchy in our cities, and a stock market that is on a roller coaster ride every other day. As retirees, this can become very overwhelming as we question how to protect our hard-earned retirement funds. Do the following fears keep [...]
"Many people who carefully plan for their income needs in retirement do so based upon a fixed retirement horizon of average life expectancy and thus might give short shrift to the significant probability of living longer." - American Association of Actuaries Blues legend Albert King once observed, "Everybody wants to go to heaven, but nobody [...]
