Nearly every time we send out an email with new secondary market annuity offers, several inquiries come back with people asking how the return is calculated.
Let’s see an example that everyone can relate to…
Assume a purchase price of $282,951 where monthly income payments of $1500 begin one month from today and continue for [...]
Continue Reading →At Annuity Straight Talk we encourage you to learn all you can about annuities so you can independently verify what we recommend, or what any advisor you chose to work with presents you for consideration. As many know, we often recommend Secondary Market Annuities as a very high credit quality alternative for investors [...]
Continue Reading →This post is one of a series of questions and answers from our readers who are seeking the right annuity for their needs.
This came in via email: This reader listed the following parameters for their desired annuity;
1. An annuity that keeps 100% of my principle investment for my children.
2. [...]
Continue Reading →From what I’ve heard, the information shared over the last few weeks regarding the secondary annuity market has helped several people gain a greater understanding of this product class. Stepping into a little-known niche of the financial markets is a major transition for anyone. Understanding all that goes into a serious financial commitment is essential to making [...]
Continue Reading →The secondary market for annuities is traditionally the secret domain of large corporations. With annual distribution of around $700 million it is one of the smaller financial offerings available. A recent press release offers a glimpse of how financial institutions use these secondary deals to profit. This press release talks about how J.G. Wentworth, one of [...]
Continue Reading →A fair number of people who have requested more information about the secondary annuity market have cast it aside as ‘to good to be true.’ Many other advisors might mention they have never heard of this market. I was personally in the same place six months ago. In order for me to become comfortable enough to recommend these [...]
Continue Reading →This article made me realize I need to make consumers aware of a potential financial hazard. Last week a press release came out describing how two Registered Investment Advisors in Illinois were penalized for recommending the replacement of existing annuity contracts. The transactions made these advisors a substantial amount of commission and were later found to be [...]
Continue Reading →Okay, we all know there are a lot of people with money sitting in CD and money market accounts that are currently yielding very little interest. With the uncertainty in the global economy, I can certainly understand why many are choosing to play it safe for the time being. Are you one of those people?
Would [...]
Continue Reading →
Here is still more information that documents the difference between a person with a pension and one without. This time, Richard H. Thaler from the University of Chicago writes of the difference in the New York Times this past weekend. In the article found here, Thaler considers two individuals, [...]
Continue Reading →Many of you are interested in the secondary market for annuity products but are taking the prudent approach by doing a little research first. I think that’s a great idea! And now I have a little more to offer with a shiny new brochure that does a great job explaining these contracts. The information here [...]
Continue Reading →Since a fair number of people have recently found my site with this exact question, I figured it’s time to give a straight answer. What is a hybrid income annuity? To put it bluntly, it’s nothing more than a sales gimmick for a fixed index annuity with a guaranteed lifetime income rider. This is meant to do [...]
Continue Reading →Over the past several weeks we’ve covered the basic issues every person will face as they attempt to put in place a solid retirement income plan. The premise of this email series is to explain how pension like income offers benefits critical to ultimate retirement security and maximum lifetime profitability. After taking a look at the financial [...]
Continue Reading →My mind was filled with negative images before I even got the details of the plan covered in this New York Times Op-ed. The article rightfully acknowledges the high risk many people face of outliving retirement assets but the solution causes all sorts of problems. Yes, the authors do in fact believe that [...]
Continue Reading →This week’s focus remains on index annuities and variable annuities because of the rich mix of popularity and confusion regarding each of these products. I want you to have the most recent news and information on available products and strategies so you’re ready to make an informed decision when the time comes. In addition, you’ll find a [...]
Continue Reading →I'd like to take just a second to notify all members of a new feature on AnnuityStraightTalk.com designed to aid in your retirement income and planning projections.
We now have calculators! It's always nice to put some numbers behind the answers to your questions. We specifically wanted to add this to make your research and [...]
Continue Reading →Fixed index annuities will eventually find their place in the retirement planning marketplace, although not without a lot of kicking and screaming from the financial press.
Let’s take a close look at some of the misleading information that explodes from seemingly reputable publications and a well-researched rebuttal from an insurance industry analyst. If you read [...]
Continue Reading →Here we go ladies and gentelmen. A Canadian bank has entered the race to provide lifetime income for retirees. See this article in the Vancouver Sun.
Now, this is obviously meant to target our pre-retirement neighbors to the north but expect some similar offerings to come to market here as well. Financial institutions know there [...]
Continue Reading →I recently came across this article in the September edition of The Atlantic titled The Great Stock Myth that should give everyone something to think about.
We are all taught to believe the the stock market should offer a premium return in exchange for the associated level of risk. That has mostly been true for [...]
Continue Reading →“Bank Annuity Sales Down, Annuity Sales Up??”
What’s up with that headline?
Well, it accurately summarizes our sideways marketplace and ‘muddle-through’ economy.
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Continue Reading →InvestmentNews.com recently released an article that highlights the findings of a study done to see how much retirees know about retirement income products.
Annuities were cited as the third most popular option even though many consumers had little idea of how these products work.
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Continue Reading →Here is the Equannuity Report- Be sure to utilize the resources of Annuity Straight Talk as our gift to you. And when you are ready to go on an Equannuity, we have a selection of the Best Fixed Deferred Annuities to complement this strategy.
We promised this is not a sales pitch for any [...]
Continue Reading →Useful Resources
Recent Posts
- Low Rates Expected Until 2014
Arguably the most damaging effect of low interest rates is the impact it has on people approaching retirement and looking for more safety. Traditional safe havens such as CDs pay very little interest in relation to the time commitment required. And I’ll admit that selling annuities in this climate is challenging to say the least.
[...]
- Calculating Yields in the Secondary Market
Nearly every time we send out an email with new secondary market annuity offers, several inquiries come back with people asking how the return is calculated.
Let’s see an example that everyone can relate to…
Assume a purchase price of $282,951 where monthly income payments of $1500 begin one month from today and continue for [...]
- On Cashing Out In Retirement
The tools used to maximize pre-retirement asset accumulation are not the tools of retirement income generation. Maximizing retirement income is just outside the scope of expertise for most traditional advisors and individuals because of the biggest unknown: life expectancy.
An individual seeking to maintain full control over their money, and setting their own withdrawal rate, [...]
- The $440 Billion Pension Gap
This distressing article highlights the issues pensions face meeting their promises to retirees. According to the article, 14% of the nations workforce still participates in some sort of employer sponsored, defined benefit plan. Yet, "The third quarter 2011 was the second worst in history for pension liabilities," due primarily to unrealistic assumptions and enduring low [...]
- Low Rates Expected Until 2014
Visitor Feedback
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It is a fantastic report, very well written and much easier to understand than any similar report I’ve seen. Job well done. Thanks."
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Thank for your adroit analysis of annuities. Finally, a decision making tool that is designed for those who are trying to make prudent financial decisions regarding retirement.
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Subject: Brilliant Article, Bryan
Thank you for your clear headed analysis of the GLWB. I was just informed about this route to consider... and I just came circling back to what the underlying foundation was, and if it seemed to good to be true (as you pointed out) and if the upside was very good. I'm just beginning this process of investigation and really appreciate your candid, honest and informed article
Karen, Ezine Articles Comment
Subject: The Annuity Report:
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Subject: Retirement Analysis:
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