Tag: wealth management

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

Written on .

<

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.

Continue reading

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

Written on .

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.

Continue reading

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

Written on .

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.

Continue reading

Wall Street Math Doesn’t Add Up

Written on .

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.

Continue reading

The 3 Bucket Approach To Investing For Retirement

Written on .

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.

Continue reading

5 Financial Attitude Adjustments To Make For Retirement Success

Written on .

For decades you’ve been a dedicated saver for retirement, seen crashes and rallies, gotten a lot of advice, and have tried to do all the right things with your money, but you still worry. The biggest problem isn’t your lack of understanding; it’s that you don’t have an actual written plan.

Continue reading

9 Questions You Must Be Able to Answer For a Secure Retirement

Written on .

Here are 9 basic questions you must be able to answer for a safe and secure retirement, so you can stop worrying about your money:

#1 – How much money can you safely take out of your assets for income?

#2– How long will your money last?

#3– Does your portfolio guarantee you won’t run out of income for as long as you live?

#4– How can you protect your assets against volatility and large losses?

Continue reading

7 Steps For a Secure Retirement

Written on .

Here are 7 Steps to follow for a Secure Retirement that will help you to stop worrying about your money:

#1 – Put your entire plan in writing, so you can feel free to spend your money – without guilt or fear

#2 – Understand the true risk you are taking right now and avoid all large market losses.

#3 – Eliminate your fear of running out of money by creating dependable monthly income “Paychecks” that will last for as long as you live.

Continue reading

7 Rules To Live by For Retirement Security

Written on .

If you’re retired and need a roadmap for financial success try our “7 Rules To Live By For Retirement Security”:

*Number 1 – Avoid Large Losses – never go through another -50% stock market crash like 2008 again.

*Number 2 – Minimize the total fees you pay, both direct and hidden fees.

*Number 3 – Significantly reduce daily volatility.

*Number 4 – Earn a reasonable rate of return based on the amount of risk you’re willing to take, not by taking excessive risks to get the highest rate of return that rarely materialize.

Continue reading

Retirees 7 Biggest Worries During Retirement

Written on .

You saved so you could have a secure, worry-free retirement. Retired, or neared retirement, you constantly worry about your money because you are no longer receiving a paycheck.

You worry about your portfolio, all the volatility, how much you’ll lose in the next stock market crash, and your next statement.

You’re concerned about running out of money and how to turn your portfolio into dependable monthly paychecks that will last for as long as you, and your spouse, live.

You question whether you’ll earn a high enough rate of return on your assets.

Continue reading