John P. Grimes |
January 15, 2014 |
Annuity Basics, Annuity123, Income Riders, Index Annuities, John Grimes, Member Posts
We’ve all heard the expression ‘have your cake and eat it too’. It’s a pretty simple dilemma; if you have your cake and eat it… then it’s gone. If you don’t eat the cake, you still have it but don’t get to enjoy it. Wouldn’t it be nice to have it both ways? It’s like being rewarded without taking any risk or getting something nice without having to pay for it. So you’ve done some research about fixed indexed annuities and you find there are...
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John P. Grimes |
January 7, 2014 |
Annuity Basics, Annuity123, Index Annuities, John Grimes, Member Posts
The short answer is; I don’t know… but I wish I did! Before you give up on me and keep searching, hear me out. If I knew with certainty the answer to that question, I would devote 100% of my energy and money to playing the stock market because I would know the direction and amount of volatility to expect in the future. Of course that’s not possible so we have to make our decision based on what we do know. Let’s take a step...
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John P. Grimes |
December 13, 2013 |
Annuity Basics, Annuity123, John Grimes, Long Term Care, Member Posts
If you’re of a certain age like me, think AARP subscriber, then you’ve no doubt been bombarded by solicitations to purchase long term care insurance, LTCI. It really makes sense given that the chances of needing care at some point are better than 50/50 for most people. Do a little research and you’ll find it costs anywhere from $6K to $10K per month for a stay in an Assisted Living facility or Nursing Home. Given that the average stay in a nursing facility is 3-5...
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