Why You Should NOT Put ALL Your Money In Annuities
You have heard the old saying “Don’t put all of your eggs into one basket” before right? Well the saying holds very true for annuities as well. No matter how safe an annuity is perceived to be, and no matter how much contractually guaranteed income that the annuity can spin off for you, there is no reason that anyone should put all (or even almost all) of their money into annuities.
This video goes over the history of annuity suitability and also discusses who can be a fit (and who isn’t a fit) for an annuity.
You will also get to see an example of an annuity suitability form along with the reasons why it never makes sense to have all of your money in annuities.
To learn more from this annuity professional, click here (Rob Brinkman).
About the Author:
Rob Brinkman began his investment career in 1987, one month after the infamous October stock market crash. “In the wake of that kind of financial devastation, one learns the importance of a conservative approach to money management”, Rob was quoted in the local Texas newspaper that next week.
Over the past 26 years Rob has become one of the industry’s most respected advocates for conservative, safe investing. As an executive for one of the country’s largest investment/insurance firms, Rob designed and implemented annuity platforms for clients such as Merrill Lynch, Raymond James and UBS. In his private practice, Rob works with individuals who are in or nearing retirement, assisting them in asset preservation and income generation. His ‘white board’ educational videos have become the internet standard for both basic understanding of investment fundamentals, as well as advanced investment strategies.
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