Factual Analysis of Index Annuities

Fixed index annuities will eventually find their place in the retirement planning marketplace, although not without a lot of kicking and screaming from the financial press.

Let’s take a close look at some of the misleading information that explodes from seemingly reputable publications and a well-researched rebuttal from an insurance industry analyst.  If you read both with an open mind you should realize any annuity product can be of value to consumers if only placed in a well-designed retirement portfolio.

The negative article comes courtesy of Lisa Gibbs of Money Magazine and highlights a few cases of misappropriated index annuity contracts with the intention of casting a shadow over the entire industry.

It’s amazing to me that stocks and mutual funds weren’t similarly attacked when trillions of dollars in wealth vanished as a result of the market meltdown in 2008.  Of all the people I talk to every day, no one has mentioned they have to delay retirement because of an annuity underperforming.

Well, Sheryl Moore of AnnuitySpecs.com came to the rescue in a thorough attempt to set the record straight.  Sheryl posted a 52 point counter argument to Lisa’s article that documents the many factual errors published by Money.

Which article do you think required more knowledge, information and insight?

There are two things you need to understand.  Annuities are good products that offer valuable benefits to consumers.  And, no specific product or strategy is right for every person.

Between the two viewpoints expressed in these articles, which level of diligence would you like an advisor to offer?

Every person approaching retirement deserves honest analysis rather than sensational opinions.

Please call or email for a fact-based second opinion of any annuity you are considering.

Bryan J. Anderson

800.438.5121 [email protected]

Last Updated on May 10, 2024 by Bryan Anderson