This is a myth. I don’t use some of them, the expensive ridiculously high commissioned restrictive poorly performing ones. But I agree with the authors of the article below: I neither like nor dislike “annuities” as a class because they are a widely divergent collection of financial tools. Some are indespensible and some are useless. […]
MYTH: I Hate Annuities Read More »
This is a solid, proven myth. The only trouble Social Security is in is the same trouble it’s been in since before it was signed into law 84 years ago: ignorant, malicious attacks by self-righteous ideologues. As quoted in Social Security Works: The most important takeaways from the 2019 Trustees Report are that (1) Social
MYTH: Social Security is in Trouble Read More »
I’ve had the good fortune to meet and work with Frank Maselli. He is a brilliant, affable and hilarious adviser to advisers. Below I’ve simply cut and pasted a great and timely article he just wrote for us advisers. Published on March 8, 2017 LikedUnlikeAnnuities & The F-Word! 25 Comment 6 ShareShare Annuities & The F-Word!
Annuities and the F-WORD Belong in the Same Sentence. Read More »
This post heading is NOT a myth, for once. Think about common risks in your life and the tactics you use to minimize or avoid them. If you’re trying to lose weight then you burn more calories (read: Exercise) and consume fewer or at least better calories (quality proteins, greens, fruits & oils versus sugars,
THE TWO MOST IMPORTANT FINANCIAL TOOLS FOR 2017 Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Do’s & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
I don’t think I have to remind you that this post heading is a MYTH. What’s astonishing with the case below is not so much the jaw-dropping audacity of the crook but the carelessness of his victims. Here’s the story, according to an article by Marlene Y. Satter in ThinkAdvisor. (See my Dos & Don’ts
Annuity Salespeople Are All Honest & Competent Because of Special Licensing Read More »
The sunny name of the Bipartisan Budget Act of 2015 belies the fact that it unnecessarily guts important provisions that benefit both married and divorced spouses. AARP estimates that only 1/10 of one percent of eligible Americans take advantage of these provisions. But, even if every single eligible beneficiary maximized the use of timing strategies,
Congress Just Helped Save Social Security (not) Read More »
The title of this post isn’t a myth. It’s true. You can wait until age 62. It’s just a bad idea. If you are 50, you may still have time to start working on an ideal cash flow plan for your 60’s & 70’s. I know. So much can change over 10, 20 years. And a
You Can Wait Until You Are 62 To Plan How to Take Social Security Benefits Read More »
Barrons magazine regularly publishes their “The Best Annuities” article but without the most important caveat: these products vary wildly state by state, even if they have the same name. Different states allow- or require -varying policy provisions. Oregon is one of the most strict; if bonus, guaranteed rate or other contract provisions appear too generous
The Best Annuities are Always the Best Read More »