Over the years of our life span, we are increasingly seeing changes occurring at a faster rate, which affects our lifestyle. Here in 2020, since the official start of Covid-19, we now have two or maybe three vaccines to combat this disease. What would normally have taken four to six years to complete has been [...]
Over my last 18 years of placing nearly $170 million of Fixed & Fixed Indexed Annuities in force for my client base. I often have had to overcome a stigma they have been subjected to, better known “analysis paralysis.” Frequently, I’ve been the third of fourth person or option who’ve they’ve meet with while exploring [...]
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.
“It’s not what you make that counts!” Exhorts friend and mentor Ed Slott in an interview we recently conducted. “It’s what you keep – after taxes!” Ed Slott has a top-rated show on public broadcasting called ‘Retire Safe and Secure.’ Ed’s message about retention is in sync with the current preference among retail investors for [...]
All annuity companies offer a “free-look” period where you may return the annuity for any reason and receive a full refund. Make certain you fully understand your rights and options when you purchase an annuity, your agent or the insurance company will help you. That being said, there are scams with annuities just as there are with almost any product being sold to the public. Here are some to be aware of.
Baby Boomers can benefit from these myths and truths. Myths and Truths about Annuities We all remember stories from our childhood which turned out to be nothing more than a myth. There are several categories of these stories; of course, there is the truth, but also legends, folk tales, and superstitions. When it comes to [...]