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Opportunity

Despite our current economy and gloomy predictions, there are still likely to be periods of tremendous opportunity in the market. What if it were possible to preserve your assets from market downturns without having to make an emotional decision to buy, sell, or hold any one stock? What if you could take advantage of a strategy that automatically takes you out of harm’s way during bad years, and positions you for opportunity during good ones? The secret is in linking safely to the market without putting your principal there. By “indexing” to the market instead of “owning” the market you can link to indices safely on autopilot and lock in your gains without creating a taxable event. According to a recent study by the Wharton School of Finance, because of its ability to lock in credited interest in up years and not experience losses in the down years, while not specifically designed to compete with the market, some indexed products outperformed the broad market over the last 15 years!(1)

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Safety

Couple on beachAre you aware of the unique strategy called “indexing,” which can help you achieve safety and growth on the same dollar at the same time? Through innovative financial tools, you can make sure your nest egg is kept safe from market declines. As a matter of fact, we have never lost a dime of our clients’ money. The secret is to not place it where it can experience a loss. As you look ahead at the likelihood of increasing volatility in the market, it is important that you preserve your nest egg; it is the engine that drives your retirement future, from negative volatility.

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Expert Advice

We recently convened a roundtable of retirement experts consisting of economists and retirement experts. Moderated by Emmy Award-winning journalist, Don Shelby (a recent retiree himself), the panel examined the challenges of providing for retirement in these uncertain times.

In this unrehearsed conversation, the panelists engage in a spirited discussion of the most important aspects of retirement planning. The result is an unblinking, unbiased look at the smarter retirement strategies that are available today.

As with any unscripted conversation, their descriptions may contain discrepancies or misstatements. This discussion is provided as part of the comprehensive information on this website and should be viewed in that context, recognizing that the panelists are expressing their opinions. Please recognize that this discussion was hosted for the purpose of encouraging you to learn more about the insurance products we offer as insurance producers. Click the links below to continue watching more of this great video discussion.

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AnnuityComparisons

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What Can An Annuity Do For Me?

The Quick Benefits

Fixed Indexed Annuities cannot lose money caused by market volatility because they are an insurance product and not an investment.


Fixed Indexed Annuities have averaged an 8.6% return over the past 14 years, outperforming the overall return of the S&P 500 (Click here to see the study in the Journal of Financial Planning).


Annuities grow tax-deferred, which means you don’t pay taxes until you access your money in the future when your tax bracket should be lower.


Many annuities provide you with the contractual option to withdraw 10% or more of your account each year, without penalty.


Fixed Indexed Annuities can be structured to provide a contractually guaranteed stream of income for life.

Innovation

For nearly one hundred years, Fixed Annuities have provided yields averaging between two and five percent under the terms of the Fixed Annuity contract.


Introduced in 1995, the Fixed Indexed Annuity contract provides greater flexibility and options for purchasers beyond that of the traditional Fixed Annuity contract. A Fixed Indexed Annuity gives you the option of linking the return, paid to you under the terms of the Fixed Indexed Annuity insurance product, to an index like the S&P 500. This innovation provides the qualified purchaser with an array of contractual options that simply didn’t exist before the introduction of the Fixed Indexed Annuity.

Achieve Your Goals

Everyone’s retirement situation is different and as with any financial product, including an insurance annuity product, it’s important to determine your suitability for the product given your unique circumstances and align your retirement strategy with your retirement goals.

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Retirement and Annuities

In our parents’ era, retiring comfortably at age 65 was fairly straight forward – they relied upon a pension to provide one-third of their retirement income, Social Security for another third and their own savings for the final third. Today, the retirement equation is a whole lot more complicated.

The Ideal Retirement

For most Americans, the ideal retirement includes these four main characteristics:

  • Safety – They don’t want to lose their hard earned money, especially knowing they can’t re-earn it.
  • Growth – Eighty percent of those surveyed said they prefer moderate growth with safety instead of higher potential with risk and volatility.
  • Tax Management – Most people believe taxes will go up in the future, so their ideal retirement strategy offers a way to control or limit taxes.
  • Liquidity – Those nearing retirement want a strategy that enables them to live comfortably throughout retirement, taking income as necessary.

Take Control

How would you feel if you knew that your money would never again take a plunge because of market swings? If you are tired of the market’s roller coaster ride, but want more growth than the minimal returns that bank CDs offer, then annuities may be a good fit for you. Take control over your retirement without having to spend your time studying the market and guessing its next move.


An insurance product does exist that enables you to protect your savings, earn steady growth and have funds available when you need them. It’s called a Fixed Indexed Annuity.
One of the most comprehensive studies of its kind shows how-since 1995-when Fixed Indexed Annuities were introduced, they have provided higher annualized returns as an insurance product linked to an index than the S&P 500, Vanguard’s S&P 500 fund, McCann’s 50/50 Portfolio or the Money Market Index operating independently. The study shows that linking an index with a Fixed Indexed Annuity insurance product provides protections from market volatility and can be a “safety net” for your savings, while providing opportunity for competitive growth within the context of an insurance product. If you are tired of market volatility, but want more growth than the minimal returns that bank CDs offer, then a Fixed Indexed Annuity insurance product may be a good fit for you.

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The purchase of an annuity insurance product is one of the fastest-growing retirement strategies in the U.S. Last year, consumers moved more than $230 billion dollars out of the stock market or banks and into the purchase of annuities … to reduce or eliminate risk and to get their savings growing again. A recent Gallup Poll of over one thousand annuity owners reveals a striking contrast between the American population at large and those who purchase an annuity. While most national polls show a decline in consumer confidence in retirement, more than half of annuity owners believe that they have enough or more than enough money to cover their financial needs in retirement. Ninety-three percent are happy with their annuity purchases and still own their first.

Fixed Indexed Annuities are on the forefront of retirement planning.

People have always known that a standard fixed annuity can provide them safety and tax-deferment, but today’s Fixed Indexed Annuity insurance products allow you more opportunity for growth and have even better options for liquidity. If you’ve ruled out fixed annuities for your situation, I’d strongly advise you to continue to learn more and meet with me for more personalized details and a suitability assessment.

At this point, the process for getting more details on annuities consists of you and I meeting for an initial discussion. This is not a sales meeting, but rather a time for you to talk about your current situation and future goals, as well as ask questions you may have from this course.

If your questions are answered to your satisfaction and we both agree that moving forward with another meeting would make sense, then we will schedule that at the end of our first meeting. There is no obligation in this first meeting. The goal is for you to explore your options and decide how you would like to proceed.

Retirees, pre-retirees and even people still accumulating for a far-off retirement, have decided that an annuity is suited for their situation. The most important step is to confirm, that an annuity insurance product, or any other financial product considered, is in alignment with your goals and is suitable for your unique situation.

If your goals align with the ideas of keeping the money you have, growing your money without the risk of market volatility, controlling or limiting taxes, and keeping comfortable access to your money, than an annuity insurance product may be the right fit for you.

Of course, not everyone in every situation will be best served by purchasing a Fixed Indexed Annuity insurance product. That is why discussing your unique situation with us in a one-on-one scheduled appointment is crucial after learning about annuities on this website.

The Quick Benefits
Fixed Indexed Annuities cannot lose money caused by market volatility because they are an insurance product and not an investment.

Fixed Indexed Annuities have averaged an 8.6% return over the past 14 years, outperforming the overall return of the S&P 500 (Click here to see the study in the Journal of Financial Planning).

Annuities grow tax-deferred, which means you don’t pay taxes until you access your money in the future when your tax bracket should be lower. Many annuities provide you with the contractual option to withdraw 10% or more of your account each year, without penalty. Fixed Indexed Annuities can be structured to provide a contractually guaranteed stream of income for life.

Innovation

For nearly one hundred years, Fixed Annuities have provided yields averaging between two and five percent under the terms of the Fixed Annuity contract.

Introduced in 1995, the Fixed Indexed Annuity contract provides greater flexibility and options for purchasers beyond that of the traditional Fixed Annuity contract. A Fixed Indexed Annuity gives you the option of linking the return, paid to you under the terms of the Fixed Indexed Annuity insurance product, to an index like the S&P 500. This innovation provides the qualified purchaser with an array of contractual options that simply didn’t exist before the introduction of the Fixed Indexed Annuity.

Achieve Your Goals

Everyone’s retirement situation is different and as with any financial product, including an insurance annuity product, it’s important to determine your suitability for the product given your unique circumstances and align your retirement strategy with your retirement goals.

Retirees, pre-retirees and even people still accumulating for a far-off retirement, have decided that an annuity is suited for their situation. The most important step is to confirm, that an annuity insurance product, or any other financial product considered, is in alignment with your goals and is suitable for your unique situation.

If your goals align with the ideas of keeping the money you have, growing your money without the risk of market volatility, controlling or limiting taxes, and keeping comfortable access to your money, than an annuity insurance product may be the right fit for you.

Of course, not everyone in every situation will be best served by purchasing a Fixed Indexed Annuity insurance product. That is why discussing your unique situation with us in a one-on-one scheduled appointment is crucial after learning about annuities on this website.

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An annuity is an insurance contract between you and an insurance company that is designed to help meet retirement and other long-range goals. To fund an annuity, you can either transfer your money in one large payment or you can make a series of payments.


In return, the insurance company agrees to pay you a specific amount of income per month, quarter, or year. This income can start immediately or at some future date, depending on the type of annuity you purchase and the options available within that annuity. Income is paid for either a chosen period of time or even for the remainder of your life. An annuity is an insurance product and is sold by licensed insurance producers.

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How to prepare for your Social Security Maximization Plan Meeting

During our meeting, I’ll need information about your Social Security account, and only you can request this information from the Social Security Administration. Here’s how to go about getting it. The first step is to relax. This is going to be about as difficult as establishing an account with Netflix.

First, if you have not already done so, please click on “Schedule An Appointmenthere on this site, and fill out the form.

Next, go to http://www.SSA.gov.

On the left side of the screen, click on “Get your Social Security Statement online”

At the bottom of the new page that appears, click the box that says “SIGN IN OR CREATE AN ACCOUNT.”

Here are the screens that will appear (click images to view larger)

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Social Security Website 1


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Social Security Website 5


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Social Security Website 6

Congratulations, you’re done! If you have scheduled an appointment, I will be in touch to confirm our visit; if you’ve requested that I get in touch via email, please check your inbox for an email from me. I look forward to meeting you and providing you with a path that will lead to you receiving all the Social Security benefits to which you are entitled.

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Divorced Individuals

If you are divorced, you face a variety of Social Security concerns that is best summed up – from both parties’ perspectives – as “you may not be quite as divorced as you thought you were.”


Because the situations of divorced persons vary dramatically:

  • No children?
  • Children?
  • No custody of children?
  • Shared custody of children?
  • Sole custody of children?
  • Ages of children?
  • Higher wage earner?
  • Lower wage earner?
  • Parties’ ages?
  • Special terms in your divorce agreement?

I’m not going to attempt to present every scenario, but rather a simple illustrative example. Because of the complexity of these situations and the impact of all the potential variables, including the best interests of any children that are involved, I strongly suggest a meeting in these circumstances.


That said, here’s a simple scenario to demonstrate the power of a visit with me.

The Scenario:

You are an independent 58 years of age, your Full Retirement Age (FRA) is 66, and your life expectancy is 85 years.

Strategy 1:

Being divorced and single, you feel that $1,344 would help your monthly budget, so you decide to claim your Social Security benefits at age 62.

Divorced Individual Chart 1

However, after some thought, you decide to explore another option, seeking the advice of a retirement specialist, like me.

Strategy 2:

In this case, I would examine 30 different scenarios to determine the one producing the highest value for your lifetime benefits.


All other things remaining equal, you should take spousal benefits in January of 2020, at age 66.


You should take retirement benefits in January of 2024, at age 70.
The total benefits are increased by more than 46% over your lifetime:

Divorced Individual Chart 2

  • Lifetime benefits using selected dates: $342,754.
  • Lifetime benefits using maximized dates: $501,568.

Using maximized strategy 2, lifetime benefits increase by $158,814.


NOTE: All amounts are in today’s dollars. Lifetime benefits are calculated as the present value of all future benefits assuming you live through your maximum age of life. Discounting is non-actuarial and is based on the real rate of return implied by your assumed nominal rate of return and inflation rate.


The following list of factors impacts how the Social Security Administration treats your specific situation under the complex set of rules that govern the provision of benefits to divorced individuals.


If your ex-spouse is living, you can receive benefits based on your ex-spouse’s work if:

  • Your marriage lasted more than 10 years.
  • You are unmarried.
  • You are age 62 or older.
  • The benefit you are entitled to receive based on your work is less than the benefit you would receive from your ex-spouse’s work.
  • Your ex-spouse is entitled to social security retirement or disability benefits.

If your ex-spouse is deceased you can receive benefits based on your ex-spouse’s work if:

  • Your marriage lasted more than 10 years.
  • You are age 60 (50 if you are disabled).
  • You are not entitled to a higher benefit on your own record.
  • Also, if you re-marry after age 60 (50 if you are disabled) you may still be entitled to survivor’s benefits based on your ex-spouse’s record.

You may also receive benefits within ten years of your ex-spouse’s death:


At any age if you are caring for your ex-spouse’s child or adopted child, younger than age 16, or disabled and entitled to benefits. The benefits will continue until the child reaches age 16 or is no longer disabled.


For divorced persons, the actions they take have significant consequences – just as dramatic as those I’ve described above for other personal situations and not just for them, but also for their children. This is a situation, to be sure everyone’s interests and needs are addressed, that requires a meeting.


If you haven’t already clicked on “Schedule an Appointment,” perhaps you’d like to take a moment and do it now.