My Biggest Mistake with Annuities

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There’s a lot to learn in this business.  Much of it requires consuming massive amounts of information and just about everyone is capable of doing that.  The rest is experience that only comes from seeing things change and develop over years.  My experience with using annuities has made me ever more confident in the advice […]

Case Study Update: Annuities at Work

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One year ago I wrote a quick story about Bill.  We had been working together for about a year after he called asking for help with a retirement plan.  Initially he was looking for guaranteed income and came with a long list of requests in regards to benefits and company rating.  I came back to […]

Help at Home for Covid-19

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I’ve had the privilege of meeting several exceptionally talented people that contribute to society from all sectors of our economy.  Most people wouldn’t want to be mentioned on the website so I’ve not made a habit of featuring clients, but we are in the midst of unique circumstances. Meet Jacob Mirman, a physician in Minnesota […]

The S&P 500 Over 25 Years

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Take a look at the chart below and you’ll see the values of the S&P 500 since 1996.  This was recently released from JP Morgan and I grabbed a screenshot in order to point out a few things.  It maps out the high and low points or extreme volatility of probably the second best market […]

Analytical Approach to De-Risking Your Portfolio

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Most people don’t want to get too technical but those who do are able to make much better decisions.  My best clients often take as much as a year to make a decision and as a result they are all comfortable and happy with how things are working out.  I don’t expect deep analysis from […]

Buying the Wrong Annuity Can Be a Blessing

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Back when this website was launched the main objective was to catalog my notes, research and ideas about annuities.  A different point of view and some basic math exercises will prove that a good strategy beats any product.  So it stands to reason that I never consider it a good thing when someone buys the […]

Meet My Wife, Erin Sabin

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At a time when everyone is looking for a little something to keep busy, my wife would say that personal health and wellness should be a priority.  She is the most diligent, dedicated and disciplined person I know.  When the local gym closed down two weeks ago, she couldn’t teach her popular fitness class so […]

A Look at an Insurance Company’s Balance Sheet

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This question has come up a lot lately because of all the economic mayhem happening.  One local client who is a good friend called to specifically ask, “given all that’s going on, is the annuity really a safe place to have money.”  My answer is that there has never been a better time.  Insurance products […]

Fixed Annuities Have Never Been So Sexy

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When I started this website it was all about fixed annuities.  A good fixed rate will solve any problem in retirement and beat the projections of every long-term guarantee.  Running the numbers and learning how to analyze solutions provided the inspiration to start spreading my message.  Unfortunately it wasn’t long before rates started dropping.  Multi-year […]

Don’t Sell Stocks. Do This Instead.

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You should all know by now that I’m one of the few annuity proponents that has always said that you need stocks to achieve growth.  No matter your risk tolerance it has always been more appropriate to compare annuities to other safe allocations and I’ve mostly picked on bonds because of the risk associated with […]

Ideas for Times Like These

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There must be some value in all the things I’ve written about on this website.  After all, I live in the world you are trying to figure out.  My job is meant to help people plan for times like these.  Loyal readers have heard it a hundred times and clients/friends know exactly what I’m talking […]

People Who Don’t Listen to Me

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This job comes with its fair share of criticism but rather than complain I reserve the right to remind everyone when I called the shot.  I didn’t specifically see this week coming because I prefer the casual approach.  I thought it would be more consistent and gradual and have only been hinting at it for […]

Double Digit Annuity Yield

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Everybody wants it.  Salesmen promise it without regard to reality and I always say it’s possible but don’t expect it consistently.  Honestly I’ve seen it happen several times and the likelihood depends a lot on crediting methods or the index tracked, not to mention a pretty hot stock market. This is not the highest I’ve […]

What’s Your Risk Reduction Plan for 2020?

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This year started just like the last ended.  The stock market continued to climb early in January and the prospect of the bull market reaching new highs in 2020 was a real possibility.  I’ve talked to several people who had a lot of fun watching assets grow substantially during the second half of 2019.  What […]

Why it’s Hard to Find the Best Deal

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I’ve seen dozens if not hundreds of people over-analyze product selection.  If a strategy or idea is accepted, many people stall out when trying to decide which product is the best option.  Since I favor the approach of asset protection and maximum growth it’s possible that I’m responsible for creating this roadblock for some because […]

Comparison of Two Retirement Plans

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Last year at about this time I got a call from Roger and it inspired me to make his situation the subject of a newsletter.  A few years prior he had put a plan into place based on advice from a CFP and had started to question the plan.  He found this website and wanted […]

Long Term Care and Annuities

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It’s a major selling point of many contracts and an easy sales pitch.  “You’ll get a long-term care enhancement if you need it so it’s a win/win!”  Insurance companies didn’t become the most stable financial institutions by giving things away so if you really want long-term care than you need to look at all the […]

Why Would an Annuity Make Sense in 2019?

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Annuities barely get a passing thought when the market approaches record returns.  Short-term exuberance is addictive and very few people can remove emotion from investment decisions.  Well 2019 was a year that paid off for everyone who stuck with it.  Trade tensions have eased and the economy seems to keep growing steadily so it may […]

Final Wisdom: Annuities and 2019

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It has been an interesting year and quite the opposite from how last year ended.  In December 2018, the market was down and interest rates were up.  Now the market is up and interest rates are back down.  Since most of you are checked out for the holidays I decided to skip the heavy content […]