bwalter's blog

The most valuable asset you have is your IRA. In 1975 the government established individual retirement accounts, aka IRA’s, to be held at a custodial institution - a bank or brokerage firm – which can be invested in anything the custodian allows including Annuities, Stocks, Bonds and Gold. Transactions in the account including interest, dividends and capital gains are not subject to taxes while still in the account .You deposit money free of any tax until you decide to withdraw it.

 I started out in this business with the world’s largest insurance&annuity company housed in skyscrapers throughout the world.  Plush offices high in the sky, decorated like fancy French restaurants, many are the size of a large home.  A staff dressed by Ralph Lauren, wielding the slickest brochures money can buy, collaborated on $4 million dollar, 30 second TV ads in private dining rooms. Their sales scripts are designed to breed fear&anxiety:  will you outlive your money? What happens when your spouse dies?

ANNUITIES MAY BE THE ONLY SAFE HAVEN

A Change in My Position

More Straight Talk About Annuities

Don’t Trust Your Money to Wall St, mega banks or government programs! Unless you get hit by a truck, you are going to be around a lot longer then you think Men and Women are living well into their eighties. Will you have enough money through your retirement to maintain your current life style or will you outlive your money? You can’t depend on social security for more than a part of your retirement.

The annuity world has always been a mystery to most people, and most people buy the wrong one. They are manipulated by sales people seeking the highest commission. Don’t be fooled into buying an annuity based on what the stock market may or may not do! What you should be buying is a guaranteed fix rate annuity backed by the assets of both the insurance company and your state insurance fund, with a death benefit that allows you to avoid probate.