Art McPherson |
July 6, 2015 |
Annuity Basics
If you are reading this article, you can probably identify with the title in some form. However, annuities are one of the largest growing financial segments in the financial industry. There are currently 223,000 advisors in the financial services industry and only 1% of those advisors produce more than 1 million in production annually. Out of those select few advisors, only a handful of advisors have a radio show that offers financial information on a regular basis to educate their clients and their communities. If...
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Jim Fox |
May 4, 2015 |
Annuity Basics, Your Retirement
If you’re like many Americans nearing retirement, you’ve been invited to more dinner and lunch seminars than you can count. What might surprise you is that only half a percent of people who receive those invitations actually attend the seminar. Even more shocking is that majority of seminars are geared toward one thing: presenting and soliciting annuities. When I began working as an advisor, almost two decades ago, I was trained that annuities were horrible retirement vehicles sold by seedy salesmen with little regard for...
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Jim Fox |
April 21, 2015 |
Retirement Planning
When I was 23 years old, my employer decided to change their pension retirement system to a 401k. I received the letter from Human Resources instructing me to attend the meeting with the financial advisors who were going to help me set up my new 401k. I was excited that I was finally well on my way to financial independence and that after this meeting, I would have all the tools to become the first millionaire in my family. Being a naive young man fresh...
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