all of the sudden, this information is nearly the most important issue of my life 😳

For years I’ve had the anti annuity mindset. Perhaps I need to add a fixed index annuity to my retirement plan. I’m especially interested in an annuity free of taxes.

Very clearly presented. Thank you.

Well explained! Thank you

I did the free download, but I think I own the book. This is worth a second listen! Thank you Mr. Martinsen. I have a huge anti-annuity bent, but I will try to keep an open mind, I have been wrong before.

@harrylong4941

3 жыл бұрын

Has a single male no children , mortgage free single family home, seriously considering converting much of my 401k income annuity at retirement i don't want market volatility in retirement, alway have home equity for backup for emergencies. (Annuity Social security. State pension) think I'll be good to go. Depth free....

Thank you for the clarity and easy to understand explanation.

Really nice. Thank you.

Stay with simple and pure fixed annuity. No complications ❤

Thanks Lane for this insight on annuities. I'm currently researching this as an option. Like Dave Buchannan I've always had a negative view of annuities, but I'm starting to take a serious look at this option.

@FinancialFastLane

Жыл бұрын

Invite you to contact my office for a free consultation 480-550-6556. Ask to get on my calendar.

I suggest that you create a video on Preferred stock or Senior preferred stock income funds. Market share risk but with monthly dividend. Distributions without principle degradation.

I have a life annuity when I was vested with a company that I worked for years ago. At the age of 65 they will start distributing a set monthly payment. Is it to my advantage to get a lump sum or continue with the set monthly payment

Cash is a valuable third component in asset allocation.

@bowlinggreenoil

3 жыл бұрын

@@FinancialFastLane Thank you for your reply. Cash also makes available funds for operating expenses so that depreciated assets don't have to be sold and cash also provides a means to purchase equities that have a negative premium to NAV. Growth equities should be a part of every retirement plan, preferably in a Roth. One size does not fit all! Interesting discussion. Thanks.

@konstanzkuraz4479

2 жыл бұрын

I like cash for emergencies. As the dollar devalues one should also look for some of your allocation to cryptocurrency. Etherium for maximum short term gains and Bitcoin for longer term security.

@ichabodcrane2959

2 жыл бұрын

@@konstanzkuraz4479 How's that working out for you?

@diannejohnson6807

Жыл бұрын

@@ichabodcrane2959 lol

To get Down mountain without falling off a Cliff?

How to find a tax free annuity?

what happens to the income I'm receiving after I pass away

@FinancialFastLane

Жыл бұрын

It depends on the type of annuity and if there is any remainng balance. The newer types of annuities have a death benefit for any remaining balance.

What are Red tools vs Green tools?

@josephj7991

Жыл бұрын

My Pension has an almost 10% payout! It is $1750 but it frozen, not adjusted COLA. I Like Security of monthly payments but hear so much Hate about annuities?

3 years no gains, regret this so much about to cash out and just take the hit.

@FinancialFastLane

16 күн бұрын

I would love the opportunity to discuss this with you. Please call my office to set an appointment 480-550-6556

@marantz747

15 күн бұрын

@@FinancialFastLane Thank you. I did call. Lots of questions Thanks again

We won a settlement We did some in an structured annuity we get 50k a month now. And for generations after us

@franklingee1267

Жыл бұрын

You’ll feel amazing if you bought me a Tesla

@deejoy7584

Жыл бұрын

@Cozlll What Type of Structured Annuity Company Is THAT ⁉️ & WHAT Kind of Layout Is THAT Particular Structure ⁉️⁉️⁉️⁉️ 🧐 WOW‼️‼️‼️

NO SUCH THING AS NO RISK

@Zeric1

Жыл бұрын

He didn't say there was no risk, he said annuities come with guarantees and no [stock] market risk. The risk, which I agree he should have explicitly mentioned, is that the annuity company goes out of business. That's why if one is going to have an annuity, it should only be part of the overall retirement plan, not the entire plan, and only the highest rated companies should be considered. I believe annuities could be a part of some people's retirement plan, depending on other factors, but they shouldn't provide more than 25% of one's income.

@scarter176

Жыл бұрын

@@Zeric1 won’t really matter if it all goes to S . . T

@jeanjasinczuk7543

Жыл бұрын

@Steve Carter Indeed, the title of the video is "pro and cons", the video show many pro but not any cons. For example, what are the fees of such annuity? When something is presented like that, I cannot help but be very suspicious.

@Zeric1

Жыл бұрын

@@jeanjasinczuk7543 I'm with you on that. The author of the video is not a CFP, but he is licensed to sell insurance products. I would rather use a fee only CFP (a fiduciary) that gives advice and makes recommendations, not a "financial advisor" who earns commissions on insurance sales and securities' trades. Always consider how the person is paid and be sure their personal financial interests align with yours.

Red didn’t work too good in 2001, 2002, 2008. Those retirees probably had to get a reverse mortgage.

Annuities have very high fees. Avoid them!!!!

@LivK458

Жыл бұрын

Fees on annuities vary just like fees on mutual funds (Active vs Passive funds anyone?). Lower cost annuities include MYGAs and SPIAs, and Fee based annuities (no commissions). Variable annuities have the highest fees and are complicated. For instance, MYGAs are an alternative to CDs. Sometimes they have better rates (net fees), sometimes they don't. Shop around before deciding.

@steverisser6741

Жыл бұрын

@@LivK458 Since there are no fess, I can get my money back at any time with no penalty?

@markbernhardt6281

Жыл бұрын

They have high fees but if you have a relative who passed away and had a huge annuity, it might make sense to roll it into an annuity yourself to avoid taxes. That's the upside of the annuity, they are tax-deferred.

Very clearly presented. Thank you.