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Tag Archive: top misconceptions about annuities

Myths About Annuities

John L. Olsen

John L. Olsen | July 22, 2013 | , , , , ,

One of the difficulties in working with annuities is the persistent mythology connected with them. Much of the “conventional wisdom” regarding these contracts is not “wise” at all, but is often mistaken, confused, or downright wrong. Here are five of my favorite “myths”: 1) “Annuities are…” Any sentence that starts this way will be misleading at best. Why? Because all annuities are not the same. Indeed, a true statement about deferred annuities is likely to be partly or wholly untrue when applied to immediate annuities,...

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Use Google to Find Retirement Advisors to Educate You

John L. Olsen

John L. Olsen | December 3, 2012 | , ,

Written By: Jeremy Smith | Amerishield Just as you go to doctors for expert medical advice, shouldn’t you go to retirement and insurance advisors for their expert advice?  With increased use of the internet however, many people are using the internet to get their retirement advice instead of finding retirement experts to educate them. For instance, maybe you’ve used Google to read up on fixed indexed annuities.  You might have read horror stories about this and that because the internet is filled with them from...

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