Picking the best annuity – What is the best annuity?
Dick & Eric, in this first video of seven, tackle “How do I pick the best annuity?” This short video is the first of seven in a series where they address some of the questions about things to know when choosing the best annuity for your situation.
**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.
Choosing a Variable Annuity?
Dick and Eric discuss picking the best annuities and the varying aspects of variable annuities# including risk and reward. Eric has ice cream on the mind — comparing variable annuities# to 31 flavors.
**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.
Choosing a Fixed Annuity?
Dick and Eric look at some of the common misconceptions of the fixed annuity. In addition, they explore what makes the best annuity and why this annuity is the core of many other types of annuities.
**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.
Choosing a Fixed Index Annuity?
Dick and Eric look at Fixed Index Annuities and some of the nuances surrounding these financial vehicles – as well as explaining some of the misconceptions that people have when looking for the best annuities and specifically at indexed annuities.
**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.
Choosing an Immediate Annuity?
Dick and Eric continue their discussion on factors that go into choosing the best annuity. In this segment, they examine immediate annuities and why they are sometimes compared to pension programs.
**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.
Choosing a Hybrid Annuity?
In this segment, Dick and Eric look at the “mystical” hybrid annuity and how they work.
**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.
Hybrid Annuity Riders…
Dick and Eric expound on Hybrid Annuities and the key role riders play with these annuities.
**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.
Question: How many baby boomers will retire over the next 10 to 15 years?
Answer: 78,000,000. Yes. Seventy Eight Million retiring with not one dime on reserve in our Social Security System. We’re at least a day late and a dollar short. Do you think that if FDR used our social security tax to fund annuities; that we would not be in this mess today!