Which animal is smarter? It all depends. Let me explain: In Isaiah Berlin’s famous essay, he divided the world into hedgehogs and foxes, based upon an ancient Greek parable. “The fox knows many things, but the hedgehog knows one big thing.” The fox is a cunning creature, able to devise a myriad of complex strategies [...]
Each month, millions of dollars are being moved from stocks, bonds, mutual funds, variable annuities, ETFs, 401(k)s, and CDs into Fixed Indexed Annuities. Why? The number 1 reason is SAFETY. But How safe is Your Fixed Indexed Annuity - are you sure it will provide you with enough income to last as long as you live? Should you trust an indexed annuity with your important retirement funds? What happens if an insurance company were to fail? These and other questions are vitally important and the answers may surprise you.
A guarantee or a guess, which would you choose? Guarantees or a future guess, which would you choose? Annuities are annuities. The term annuity, when used as a noun, can mean two entirely different products. According to Investopedia, the definition of an annuity is: An annuity is a contractual financial product sold by financial institutions [...]
Income now or income in the future, annuities can do it all Have you ever wondered how much money you would need to set aside for retirement? Most people have asked themselves that question, and many are worried about their financial future. Income fixed, and variable annuities address that need for retirement income and [...]
The fear of outliving one’s money typically generates the most amount of anxiety among pre-retirees and retirees alike. In his 1937 bestseller Think and Grow Rich, Napoleon Hill cited the fear of poverty as having the most common appearance of all the six basic fears every human possesses. The American Institute of CPAs (AICPA) [...]
When planning retirement, do you depend on projections based on future conditions or do you plan your retirement based on guarantees. The answer may surprise you; both can be the correct answer. It really all depends on your personal situation and what “time” period you are focusing for retirement.
Live long, prosper and enjoy lifetime income regardless how long you live Who doesn’t want to live a long time? As long as a person if healthy, living a long time can be an enjoyable event. The government Office on Aging recently released new research on how long we can expect to live (Mortality Table: [...]
The future is now! Income riders are flexible, adjustable and customizable. Do you remember as a child attending the local county fair and having your future read by “Madam” Zowee? I remember those days well, the first time I was about 8, and I was told I would grow up to play baseball for the New [...]
A bank guarantees the deposit and interest on a bank CD, with a fixed interest annuity, the insurance company guarantees the product. There is one basic different between a bank CD and a fixed interest annuity, the tax liability on interest earned in a fixed interest annuity is deferred until the funds are touched or used. Interest rates can vary between states of residence and offerings from insurance companies.
Guarantees that allow you to sleep better at night An annuity is a contract sold by insurance companies designed to provide variable payments to the holder at designated time periods usually for retirement. The time period for receiving a payment from an annuity can vary between a few years and a guaranteed income for [...]