Comments on: Selling Equity Indexed Annuities To Seniors

By: Lara Williams

Lara Williams — Mon, 27 Jun 2011 12:52:58 +0000

“…it is important to tell your prospects about the amount of risk involved without exaggerating the results that could be expected.” – You are right! It is very important to tell prospects about the risk and elaborating on the results of such risk involved.

By: Derek Simons

Derek Simons — Wed, 08 Jun 2011 04:44:49 +0000

I could not agree more with what you said about “Inflation: Investing in equities can go a long way in offsetting the effects of inflation. By advising seniors to invest in indexed annuities with asset allocation portfolios matched with their risk bearing capabilities, you let them put their assets in equities without their having to get directly involved with trading them. However, it is important to tell your prospects about the amount of risk involved without exaggerating the results that could be expected.”

By: Hank m

Hank m — Tue, 24 May 2011 16:56:25 +0000

Hey there great post here and regarding what you said about:
“High Profits: Since the stock markets are going through a very lean phase right now, it might be the perfect time to invest in a stock index annuity because in the long run, the prices of stocks are bound to go up.”
sure would be but always expect it to drop before it gets higher dont sell to early thinking you will loose the money just ride it out and you wont be disappointed
as for what financegal was saying i would totally agree in the fact that if your already 95 no point but its always good to think about who you may be passing it down to!
as for retirement investing i would say o yea anything done correctly will have a great outcome

By: Retirement Investing

Retirement Investing — Sat, 14 Nov 2009 01:49:54 +0000

Annuities are really a great way to save for retirement, especially the tax savings that most people just dont realize, but for some reason they just seem to lag behind in popularity. When done correctly they beat any stocks, bonds or mutual funds hands down.

By: Financegal

Financegal — Mon, 15 Dec 2008 14:47:51 +0000

Very good post. I think that equity indexed annuities could be a good idea for a lot of senior citizens; the worst thing that happens to a lot of seniors is that their annuities don't provide them enough money to comfortably live on in retirement. This would avoid the taxation and inflation problems. As long as you're honest about the risk, I think there's no problem with it. However, these products would probably better suit a 62 year old as opposed to a 95 year old, because they have more time for the stock market to go up again and make this a good investment. Financegals last blog post..First Immediate Annuity from Securian