Annuphobia

ANNUIPHOBIA

Cause & Effect Annuitization or buying a life income immediate annuity provides the highest possible guaranteed life income and yet a very small percentage of retirees ...
401k experiment 2

401(k): Failed Experiment

The belief that most workers in the ‘70s and early ‘80s retired with a company pension has almost become an urban legend. Even then, fewer than half of all workers were ...
Fixed Annuities Celebration

Fixed Indexed Annuities Celebrate 20 Years

A Timeline of FIA Milestones The fixed (equity) indexed annuity (FIA) was introduced 20 years ago. Why then? One big reason is that the psychology of the times was right. ...
tree - decumlation

Decumulation: The Wrong Name for Retirement Income Planning

The twin goals in retirement income planning are usually said to be ONE: preparing for any desired bequests when a retiree dies and TWO: producing the maximum income for ...
Marrion article

Why 2014 Will be Good for FIA Sales

For the first time in three years I am very optimistic about the coming year’s indexed annuity sales. In spite of the shenanigans in Washington, the Fed’s floundering ...
annuityabbey

Annuity Abbey Part 3: The Conclusion

Our story thus far: Retirees John & Mary Swanson, having seen their bank interest income plummet over the last few years, decided to attend an annuity seminar. After ...
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Annuity Abbey Part 2: The Enlightenment

John and Mary Swanson arrived at the annuity seminar. Mary noticed that most of the people at the gathering seemed to be about their age. As they took their seats, Mary ...
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Annuity Abbey Part I: The Bank Notice

It was another beautiful day in Buck Lake. Mary Swanson sat at the kitchen table half-listening to the birdsong outside her open window as she finished typing an email to ...
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Annuities Reshored

There was an article in the December 2012 issue of The Atlantic about General Electric moving production of appliances back from offshore sites to the U.S., and I felt the ...
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Index Annuity Returns Backwards & Forward

The average annualized index annuity returns collected by Advantage Compendium for the period 2007 to 2012 averaged 3.27%. Whether this was good or bad depended on where ...