videos Archives

A Roadmap to Retirement Success

Written on February 15, 2021.

If you’re a retiree who worries a lot about your money, implementing a Roadmap to Retirement might be just what you need. Having a financial plan, in writing, works like the GPS navigation in your car, making sure you get where you want to go and don’t get lost in retirement.

A written retirement income plan will show you how much income you’ll receive from each source each year, what’s guaranteed and what’s not guaranteed. It will show you the amount of risk in your portfolio and the fees you’re currently paying and then the reduced risk and lower fees you’ll pay going forward.

Annuity Myths (Lies) People Will Tell You: Part 3

Written on February 8, 2021.

People will tell you myths about fixed index annuities with income riders because they don’t really understand how they work, or because they want to sell you something else.

Myth #11 – Your income will never increase. NOT TRUE. Some plans offer guaranteed lifetime income with the potential for annual increases that get locked in for life.

Myth #12- Other traditional Wall Street type assets will guarantee your principal against losses, provide guaranteed lifetime income, and provide the opportunity for growth. NOT TRUE. Fixed index annuities with income riders, provide these benefits, stocks, bonds and mutual funds don’t.

Myth #13- Annuity companies aren’t safe, they fail all the time and people lose their money. NOT TRUE. No one has ever lost any of their guaranteed principal from an insurance company failing.

Annuity Myths (Lies) People Will Tell You: Part 2

Written on January 11, 2021.

People will tell you myths about fixed index annuities with income riders because they don’t really understand how they work, or because they want to sell you something else. We recently provided the first 5 myths about fixed index annuities, here are some more:

Myth #6- You can’t get any growth. NOT TRUE. When your index goes up you have the opportunity to earn competitive returns for a low-risk asset, and when your index goes down you lose NOTHING.

Myth #7- You can lose principal in a stock market crash. NOT TRUE. Your principal and past earnings are 100 percent protected from all stock market losses. If the market crashes 50 percent, you lose 0 percent.

Annuity Myths (Lies) People Will Tell You: Part 1

Written on January 4, 2021.

People will tell you myths about fixed index annuities with income riders, either because they don’t really understand how they work, or they want to sell you something else.

Myth #1-You will pay very high fees. NOT TRUE. The total average annual cost for a fixed index annuity with an income rider is 1.0 percent, in writing, fully disclosed.

Myth #2-There’s a big commission that comes from your money to pay the agent. NOT TRUE. No commissions are deducted from your money- the annuity company pays the agent, you don’t.

Myth #3 – You can’t access your money for a long time. NOT TRUE. In some plans, you can access income immediately, and in most plans, you can access funds after 12 months.

Put Your Mutual Funds On The Couch – It’s Time To Analyze Them

Written on November 30, 2020.

If you’re like most people, you don’t understand your portfolio and each of the individual mutual funds you own. A fund analysis can help.

A fund analysis, basically an audit, will determine if you have too many funds and reveal important information about each one. It will show you the actual, direct expenses of each fund, as well as the hidden costs you never see. You’ll know how much risk you have in each fund, as well as how much each fund has lost in the past.

Wall Street Math Doesn’t Add Up

Written on October 26, 2020.

How familiar are you with Wall Street Math? The stock market lost -50 percent during the 2000-2002 Technology Bubble and lost -50 percent again during the 2007-2009 Financial Crisis, crushing American portfolios and dreams.

In 2008, the US economy lost an estimated 22 Trillion dollars! You lost so much because you didn’t know how much risk you were taking and don’t understand Wall Street Math.

The 3 Bucket Approach To Investing For Retirement

Written on October 19, 2020.

When it comes to retirement, most retirees want less risk, smaller losses, to earn a reasonable rate of return, liquidity, and income that is guaranteed for life.

That’s why we created our 3 Bucket Approach, using multiple conservative asset strategies.

How Does “Indexing” Work In A Fixed Index Annuity?

Written on October 5, 2020.

Wouldn’t you love to make money when the stock market goes up but never lose anything when the stock market goes down? You can!

A fixed index annuity bases your annual gains on a portion of an index you choose, such as the S&P 500 Index, without suffering any losses in the years your index goes down. If the stock market crashes you get zero percent, so you’re completely protected against market losses.

Your 401K Plan: Take Control at Any Age 59 ½ – Or Earlier

Written on September 30, 2020.

Are you comfortable with the risk, volatility, and potential losses in your 401K plan? We have found most people have a large portion of their retirement savings are dependent on their 401k plans, yet they don’t understand or even like their 401K. They feel stuck.

If you’re working and 59 ½ or older, the IRS allows you to enact an “In-Service Transfer” of your current 401K plan to your IRA of choice, and you won’t pay any income taxes on the transfer. An “In-Service Transfer” can be very beneficial for a 401k plan, if you are trying to reduce risk, fees, or establish a plan now that will provide you guaranteed lifetime income when you retire.

How To Turn Your Portfolio Into Dependable Monthly Lifetime Paychecks

Written on September 14, 2020.

The number 1 fear almost every retiree has is running out of money during retirement, however, there is a way that you can set yourself up for dependable income in retirement. If yours is not guaranteed to be paid to you for as long as you live, you’ll continue to worry day-after-day, year-after-year.

You can eliminate your fear of running out of money by creating income in retirement that’s guaranteed to be paid to you for as long as you live, regardless of stock market volatility, losses, or longevity.

Stocks can’t provide you a high level of income guaranteed for as long as you live, neither can mutual funds, bonds, bank accounts, or CDs.