As independent advisors, fortunately, we are able to offer our clients the best fit from dozens of companies including those with the highest rates, best caps and lowest fees. So, if you find an annuity with the best **guaranteed rate, the highest cap and the lowest fee, you have found the best annuity – right? Probably not. We do not believe that one perfect annuity exists for achieving the most common retirement objectives.
There may be a best choice to accomplish a chosen goal with one specific annuity, whether it be growing money safely and consistently; generating a secure and increasing income; or passing wealth to children. However, trying to use one annuity when three are actually needed often causes frustration in looking for that one best annuity solution.
Watch as the Annuity Guys® extol the benefits of annuities – how the increases in rates, caps and lower fees might impact your retirement choices.
**Guarantees, including optional benefits, are backed by the claims-paying ability of the issuer, and may contain limitations, including surrender charges, which may affect policy values. During this segment, Dick and Eric are referring to Fixed Annuities unless otherwise specified.
As Annuity Guys®, we get excited about the increases in rates and caps from many of the most popular companies. In addition, many companies are developing innovative strategies to allow for additional growth opportunities and added benefits. Yes rates are going up, caps are going up and fees have stabilized; but we recommend you consider annuities for what they **guarantee, not what they “potentially might do” if things go well.