Examine the different types of annuities and see if an annuity is the right fit for your retirement portfolio.

Guaranteed Income Should Be Your Outcome

The other day I had a meeting with a couple, Mike and Susie, ages 60 and 56, they had heard my radio show on WBOB AM 600. I was getting all their financial information he was interested in what to do with his 401k (about $400,000), which was with a large investment company all in [...]

By | 2017-10-23T00:43:26+00:00 June 5th, 2017|Annuities|

4 Common Myths about Annuities

Corporate media is largely aligned against annuities. Could this demonization be driven by financial bias? Traditional financial institutions (Wall Street) spend huge amounts of money advertising on corporate media properties. What really is the truth about annuities?  How can one product be so loved and vilified at the same time?  It is because annuities are [...]

By | 2017-10-23T00:49:15+00:00 May 29th, 2017|Annuities|

Don’t Let Extreme Fees Ruin Your Retirement

 Last week I met with a couple (I’ll call Bill and Mary) planning to retire in two years. Over their working careers they had built up a nest egg of about $400,000. They are carefully taking steps to change their portfolio from an accumulation strategy to an income producing strategy as they prepare to stop [...]

By | 2017-10-23T01:09:30+00:00 May 27th, 2017|Annuities, Financial Planning|

4 Percent Rule or Annuity for Peace of Mind in Retirement (Don’t Worry – Be Happy!)

Today I’d like to discuss what makes retirees happy. To quote The Pension Research Council, 2003: “Research has shown retirees with greater amounts of guaranteed income show more satisfaction, worry less, and show fewer signs of depression”. (1) Now that sounds like a very sensible statement; however, from speaking with so many people over the [...]

By | 2018-04-09T18:25:44+00:00 May 22nd, 2017|Annuities|

Jim and Pam’s Most Excellent RV Adventure

Here’s a statistic you’ve probably read - each and every day since January 1, 2011, 10,000 Baby Boomers have been turning 65 and are retiring, heading to Social Security. And, they’re going to keep retiring, 10,000 per day every day, until the year 2030… Let me introduce you to one such couple - Jim and [...]

By | 2017-10-23T01:18:18+00:00 May 18th, 2017|Annuities|

One Huge Benefit for Annuity Owners

Almost all new annuity contracts provide an immediate benefit. Is it income? Is it safety? Is it freedom from market risk?  The answer to those questions is yes! Plus more. That’s the nursing home waiver. Annuity contracts have a provision that allows annuity owners to access most or even all the funds in the event [...]

By | 2017-10-23T01:37:11+00:00 April 18th, 2017|Annuities|

The No Exposure To Loss Gambling Machine

If you had the opportunity to gamble in Las Vegas but were guaranteed that you would never lose, would you go?  Can you imagine the chaos that would envelope Las Vegas’s casinos if everyone won? Of course, we know that is only fiction and to make Las Vegas work there has to be both winners [...]

By | 2017-10-23T01:49:10+00:00 April 12th, 2017|Annuities|

Annuities – Confused? – Keep It Simple!

As I speak with callers to my Safe Money & Income Radio Shows, I hear all sorts of ideas about what annuities are and what they can do. There is a lot of good information available, but at the same time there is a lot of conflicting information that leaves many people leery about even [...]

By | 2017-10-23T01:55:22+00:00 April 11th, 2017|Annuities|

Variable Annuity Sales Take Another Big Hit

Variable annuity sales are headed for their lowest annual sales in nearly two decades, since the mid 90’s, as their multi-year slide continues.  Broker dealers have been running from the current trend in “transparency” of products, and are now turning to products with stronger guarantees: fixed indexed annuities. (FIA) Sales of variable annuities are down [...]

By | 2017-11-21T00:48:45+00:00 April 5th, 2017|Annuities|