Which Way To Turn

Quarantined, isolated and confused Today, 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 the other eye [...]

By |2020-07-19T14:30:42+00:00July 19th, 2020|Annuities|

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Annuity contracts allow for 10% of the account value to be withdrawn annually, this can be done all at one or more than once.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|

Fixed Indexed Annuities And The Road Analogy

I am a “visual” type thinking person. So, I was thinking of ways to further describe the FIA, knowing that it's a different language. I have spoken this language for the better part of 18 years; realizing that sometimes in the communication of a different language, there is a loss of meaning and or interpretation. [...]

By |2020-04-14T19:04:57+00:00September 13th, 2019|Annuities|

When Planning Retirement, Make Sure Your Money Lasts As Long As You Do!

In 1994, amateur economist and investment manager William P. Bengen wrote his famous thesis about withdrawal rates from accumulated funds in calculating retirement income. Here is the link:http://www.retailinvestor.org/pdf/Bengen1.pdf Over the years and due to the financial meltdown of 2008, the amount of withdrawal has been reviewed by many planners as well as projecting economists. Recently [...]

By |2021-05-11T20:49:15+00:00September 11th, 2019|Retirement Planning|