Baby Boomer And Retirement Income Specialist Matching Service Goes Live In Tennessee |
November 28, 2012 |
Press Releases
Annuity123 has opened its Annuity Harmony matching service for the benefit of all residents in Tennessee who are in need of retirement income planning guidance. This innovative online matching service is designed to match retirees in need of retirement guidance with experienced retirement income specialists in their local area. Over 30 years ago, Americans were forced by their employers to forego attractive and successful defined benefit pension plans for defined contribution 401k plans. At the time, the oldest baby boomers were new to the work...
View Article
Study Results: Pre-Retirees Feel Less Prepared for Retirement |
November 27, 2012 |
Retirement Planning, Your Retirement
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...
View Article
Personal Fiscal Cliff Protection |
November 26, 2012 |
Income For Life, Retirement Planning, The United States Economy, Your Retirement
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...
View Article
Jackson National Led Industry in Annuity Sales Last Quarter |
November 23, 2012 |
Miscellaneous Annuity Info
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
Milton Cram Joins the Annuity123 Network of Retirement Counselors |
November 20, 2012 |
Press Releases
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...
View Article
Annuity Sales Decline in Quarter 3 of 2012 Due to Low Interest Rates |
November 19, 2012 |
Fixed Annuities, Index Annuities, Variable Annuities
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...
View Article
Jack Eyer LUTCF Joins the Annuity123 Network of Retirement Counselors |
November 16, 2012 |
Press Releases
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...
View Article
Carl Ostenson Joins the Annuity123 Network of Retirement Counselors |
November 15, 2012 |
Press Releases
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...
View Article
Retiring on the Edge of the Fiscal Cliff |
November 14, 2012 |
Retirement Planning, The Global Economy, Your Retirement
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...
View Article
American’s Shift Away from Pension Plans May Have Unintended Consequences |
November 12, 2012 |
Retirement Planning, Your Retirement
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...
View Article
