November 27, 2012 10:47 pm
Published by alexhouse
A recent LIMRA study revealed that only one in four pre-retirees (aged 55-70 still in the workforce) claim that they feel “very prepared” for retirement. This rate is five percentage points lower than what was reported in a similar 2010 survey. In addition, a majority of these pre-retirees say that they will need to withdraw nine percent of their assets each year to cover basic living and discretionary expenses. Given the lackluster economy and low interest rates, this high withdrawal rate will put many at...
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November 26, 2012 11:13 pm
Published by alexhouse
As the media outlets have recently been highlighting, Congress is on the hook to work together in forming a plan to keep our country from going over the fiscal cliff… this fiscal cliff is referring to the impact of current laws which could result in sizeable tax increases and spending cuts if left unchanged. An equally important fiscal cliff that has unfortunately not been getting as much publicity is the potential personal fiscal cliff that retirees without a pension plan or any other guaranteed lifetime...
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November 23, 2012 9:35 pm
Published by alexhouse
Jackson National was the leader in overall annuity production in the third quarter of 2012 with $17.3 billion of sales. Prudential and MetLife came in at numbers two and three with $16.7 billion and $15.5 billion respectively. Although overall annuity production was down in quarter three, fixed indexed annuities continued to show increased demand with increasing sales. Free Annuity Help | Find a Retirement Income Specialist
November 20, 2012 9:02 pm
Published by alexhouse
Annuity123 is excited and honored to report that Milton Cram has joined the Annuity123 network for the benefit of consumers in the Phoenix area who reference this unique website for obtaining personalized retirement planning guidance. Please see below for an overview of Mitlon’s practice. Company Name: American Financial Business Overview: With 15 years of experience in the life and annuity industry, I will methodically seek out and evaluate the optimal solutions to your short term and long term goals. Please give me a call for...
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November 19, 2012 11:30 pm
Published by alexhouse
Sales of annuities tumbled in the 3rd quarter of 2012 compared to that of 2011 according to LIMRA. Annuity sales dropped to $54.3 billion from $60.1 billion which is a 10 percent drop. The historically low interest rates are a primary cause for these declined sales. Almost all product types had decreased sales. Only fixed indexed annuities (FIAs) increased as they continue to move towards a record year. FIA sales actually increased by 6% to reach a quarterly total of $25.4 billion. LIMRA noted that...
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November 16, 2012 10:46 pm
Published by alexhouse
Annuity123 is excited and honored to report that Jack Eyer LUTCF has joined the Annuity123 network for the benefit of consumers in the Birmingham area who reference this unique website for obtaining personalized retirement planning guidance. Please see below for an overview of Jack Eyer LUTCF’s practice. Company Name: TARKENTON & EYER FINANCIAL SERVICES INC. Brief Business Description: Estate Replacement Specialist, Retirement Income, Tax Favored Planning-Safe Money Advisor Phone Number: 205-823-9008 E-mail Address: JEINSURANCE@AOL.COM Business Address: 2249 Garland Dr. Vestavia Hills, Al. 35216 Awards/Accolades: Degree...
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November 15, 2012 8:39 pm
Published by alexhouse
Annuity123 is excited and honored to report that Carl Ostenson has joined the Annuity123 network for the benefit of consumers in the Chicagoland area who reference this unique website for obtaining personalized retirement planning guidance. Please see below for an overview of Carl Ostenson’s practice. Company Name: Ostenson Group Brief Business Description: Learn how to structure your IRA or 401k so it provides you with sustainable income for life. Most people will need income from their IRA’s or 401k’s after they retire. We specialize in...
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November 14, 2012 11:03 pm
Published by alexhouse
Given our country’s massive debt and the impending decisions in Congress which could affect our taxes going forward, an article from Robert Powell with the above title caught my eye. In it, he gives some valuable advice for how to prepare for uncertainty in our future tax rates. Please click here to read his article. Given the uncertainly with our upcoming taxes and our overall economy, just be sure to take advantage of annuities for a portion of your assets to ensure that you have...
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November 12, 2012 10:32 pm
Published by alexhouse
As our society continues to move away from pension plans to defined contribution plans such as 401ks, 403bs, etc., an entire generation could be faced with not having built enough assets to fund their retirement years. A great article by Steve Vernon was recently published on this topic – click here. In it, he describes the need for our current and future workers to push corporations to revisit defined benefit plans to attract and maintain the employees. Given that an immediate change is unlikely, it...
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November 9, 2012 6:01 pm
Published by alexhouse
Annuity123 is excited and honored to report that Bob Giambrone has joined the Annuity123 network for the benefit of consumers in Travis, Williamson & Hays counties who reference this unique website for obtaining personalized retirement planning guidance. Please see below for an overview of Bob’s practice. Company Name: Giambrone & Associates Brief Business Description: Giambrone & Associates located in Austin Texas, is focused on providing high-quality consulting services and customer satisfaction – we will do everything we can to meet your expectations. Our consulting strategy...
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