Monday, March 13th, 2017 and is filed under Annuity News, Retirement Income Annuities
In a recent blog, we explained the four different types of annuities where one of those four was the fixed index annuity. Now we’ll take a closer look at the features of Fixed Index Annuities to illustrate why we believe the fixed index is the better choice over the other types of annuities.
When looking at the different kinds of investment vehicles and plans that are available, we can put them into two basic groups: those that risk your principal, and “safe money” options that protect it.
The traditional investments most of us know about fall into the group that put our principal at risk: stocks, mutual funds, real estate, commodities, and so on.
On the other side of the equation, we have what we call “safe money” plans, where our principal is guaranteed from loss. Read More
Wednesday, June 15th, 2016 and is filed under Annuity News, Retirement Income Annuities, Uncategorized
With the constant threat of stock market volatility, more and more people are looking for safety when it comes to a retirement income stream. Annuities can provide that safety. So let’s take a look at seven things you need to know about annuities and consider whether or not they make sense for your retirement income needs. Read More
Thursday, May 8th, 2014 and is filed under Retirement Income Annuities, Uncategorized
“Consumers are practically bombarded with annuity marketing these days. Retirees need to know a retirement income plan is about much more than a flashy interest rate. Get the facts, and work with an expert who truly understands the nuances of different annuity plans and which plan best fits your retirement income goals.” – Cathy DeWitt Dunn, the Annuity Expert
With about 200,000 Americans retiring each month, and that number increasing as baby boomers age, it’s no wonder annuity advertising has increased sharply in the last few years. Most of that advertising highlights attractive guaranteed interest rates and lifetime income. Though it isn’t usually disclosed in ads, these features come packaged in income riders. In order to understand the real value of these products, you first have to understand the two types of income riders. Read More
Thursday, October 10th, 2013 and is filed under Retirement Income Annuities, Uncategorized
If you are thinking about retirement, about to retire, or you’re retired and are concerned about your future finances, let me ask you a question. Suppose your rich uncle just passed away and in his will he gave you the option of receiving your inheritance as a lump sum or in the form of guaranteed lifetime income. Further, the lifetime income came with the ability to withdraw money from the account for economic emergencies and the ability to leave the undistributed inheritance to your beneficiaries should you pass away anytime soon. Which option would you take? Read More