The stock market is well known for its roller coaster effect of up and down account values. For many retirees, this can mean more than a few restless nights and frequent trips to the store for antacids. Just the thought of losing thirty, twenty or even ten percent of your retirement savings can be unsettling at best. Did you know that owning fixed or fixed index annuities can actually enhance your stock market investing? How so? The difference between stocks and annuities can come down to…[continued below video]
**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.
[continued]… “stocks for wants and annuities for needs”.
The **guarantees that annuities provide for income and safer growth without risk of loss can go a long way toward protecting retirees needs. We need **guarantees to protect our needs like food, shelter, quality health care and those things we truly cannot live without. We want money to take nice vacations, buy new cars and clothes — but if we had a bad run in the market, we could hold off on those items or purchases.
Allocations into annuities can enhance your market performance by not forcing you to sell your “stock losers” when they are down, just so you can eat or keep your home. The concept of dollar cost averaging is fairly well known to many people. It is the idea that if you buy into the market at regular intervals – you will buy more when the market is down rather than up. Unfortunately, the concept is true in reverse for retirees. When retirees draw dollars out on regular intervals, they will withdraw more often when the values are down versus when they are up – we call this reverse dollar cost averaging which can be devastating to retirement security.
Annuities are often used effectively as a bond alternative or an alternative non-correlated asset allocation.
What goes up, must come down – unless perhaps it’s a fixed or fixed index annuity.
Using OutCome Based Planning™ for Your Retirement
"The Annuity Guys will never call you unless you request our assistance". When you are ready for specialized help we will be available to assist you.. We practice and recommend a "Holistic - OutCome Based Planning™ process when considering annuities." This approach has the effect of balancing your overall portfolio with annuities so you can meet your retirement objectives by "first identifying the least amount of your investments or savings that should be considered for annuities." OutCome Based Planning™ analyzes and models multiple outcomes so you can clearly identify your best income and growth opportunities.
"Working with an Experienced Fiduciary Financial Planner can help you Avoid a Trial & Error or Risk Based Retirement"
This type of approach does take considerably more time, effort and analysis which will show you mathematically the successful possibilities by comparing various outcomes rather than trying to sell or convince you of that "so-called one best solution." Clients frequently tell us that this process removes some of the confusion and emotion to help them objectively identify a better retirement plan; rather than just ending up with the most convincing salesperson or advisor.
When requesting help you can be assured of working with an experienced Annuity Guys' Retirement Planner who is an independent, licensed insurance agent and (also a securities licensed fiduciary financial planner) who has access to many different companies and annuities in helping you choose the best annuities using a holistic-outcome based planning approach. We consider the high quality advisor recommendations we make to our website visitors as a direct reflection back on us.
Based on survey feedback on advisors from our website visitors, we eliminated about two-hundred local advisors and now only recommend a few that we consider experienced vetted Annuity Guys' Fiduciary Advisors. Many local advisors continue requesting us to recommend them as an Annuity Guy's vetted advisor. However, our reputation and future business is driven only by satisfied website visitors. So, unfortunately we've had to tell the vast majority of local advisors no, since we changed our business model four years ago. At that time we stopped trying to satisfy everyone with local advisors, we now primarily work with individuals who are comfortable using today's internet technology to their fullest advantage by working with a select group of vetted, experienced and knowledgeable Annuity Guys' Fiduciary Planners.