For consumers who would like to learn
more about annuities — but are unclear about how they work and may provide a guaranteed source of income — the following educational video provides helpful information.
Ask your financial professional for more
information about annuity solutions that can help you establish a reliable retirement income source.
Generally, the older you are when you buy an annuity, the higher the monthly payout, but there may be advantages to
thinking about an annuity before you reach retirement age.
People are frequently
talking about annuities in their neighborhood and looking forward to trying their hand at which is a good sign for both the insurance providers and the investors.
Whenever I
read about annuities, I wonder why you can't create one on your own without an insurance company.
The great
thing about the annuity marketplace is the wide selection of products that can meet the individual and unique needs of every investor.
Once you've asked
questions about your annuity, depending on the answers you get, you may want to consider exchanging your variable annuity for alternative investments with lower costs.
Generally, the older you are when you buy an annuity, the higher the monthly payout, but there may be advantages to thinking
about an annuity before you reach retirement age.
With each year passing, the scenario is changing in the financial market and people are changing their
opinion about annuities.
Let's take a look at some of the most common
myths about annuities, as well as the realities about how annuities actually work.
Some
writers about annuities refer to the kind that produces an income immediately after purchase as an «immediate annuity»; others call it a «payout annuity».
I've been learning a
lot about annuities over the past year, and I have to say that they will form part of my retirement plan.
There's so much in the
press about annuities that it's hard to find one article to read to explain it all.
How often do you run into articles in quality publications
talking about annuities that will pay a fixed sum over your life, or over your life if you live past a certain age?
Stan The Annuity Man ® describes how every type of annuity works, thoroughly explains annuity strategies from the simplest to the most complex, and provides unique insight
about the annuity industry.
As Fitzgerald presented it, the innovation in annuity features and the need for more education of advisors and
clients about annuities are keys to future opportunities.
Outlining what investors should know
about annuities if they are looking for guaranteed income for life, with Jim Schlager, Moss Adams Wealth Advisors.
What Fisher
likes about annuities is his annuity conversion program, which buys folks out of their annuity surrender fees if they become long - term clients.
You read about index funds, mutual funds, stocks and real estate and now and then about bonds â $ ¦ but hardly ever
anything about annuities.
But you should base your decision on whether it makes sense for you, not just on what others have to
say about annuities, pro or con.