annuity rates

In these times of market uncertainty, what do you do? Should you continue with a strategy that works great in a bull market, but not in a bear market? Should the 'Sequence of Returns' come into play? Do past 'Average Rates of Return' really mean anything when the boom market of the 80's and 90's was 162% above the norm?

I believe these are times to build a great defensive strategy, and not the time to go for a touchdown on a long pass. If you look at the history of 'Secular Bear Markets', recovering from further losses may be impossible.

A CD is available from your bank and pays you a specific interest rate over a certain number of years. A Fixed Annuity is a contract with an insurance company and it too pays a specific interest rate over a certain number of years. For the purposes of direct comparison our example will deposit a single lump sum of $50,000 into both a Fixed Annuity and a bank CD, for a 5 year period, with both the Annuity and the CD paying an annual 3% interest rate.

Many times our clients will want to know who is most popular company that offers fixed index annuities. Of course we are glad to share that information. An independent third party report from annuityspecs.com Indexed Sales & Market Report 1st Quarter, 2010 shows that there were 6.8 billion dollars of index annuities purchased in 3 months from January-March of 2010.

Comparing Annuities for Investment Purposes

A local insurance agent has lost his license after failing to respond to an administrative complaint filed against him. James R. Fogle, 3108 S. Atlantic, lost his license after failing to respond to an Aug 23 complaint that he was misappropriating premiums, according to Mitchel McLawhorn, a spokeswoman in the office of State Insurance Commissioner Bill Gunter.
Fogle does not have a listed phone number and could not be reached for comment. A spokesman for the company he worked for, Security Life Insurance Co. Said he was not connected to the Daytona Beach office.

Financial magazines, newspapers, TV programs, and local communities have battered the reputation of a very strong and useful financial product, the annuity. In many cases, the most outspoken opponents of annuities are those who are not licensed to offer them or don’t really understand them.

Advisor World has announced that their company is now offering Free Customized Annuity Rates Comparison Reports to investors interested in adding annuities to their financial portfolio

An annuity is a contract with an insurance company. The insurance company agrees to provide a stream of income to the individual in exchange for payment. The holder of the annuity cannot outlive the regular income from the investment which makes this attribute especially unique. Therefore, annuities are used as an asset to fund retirement.

What is an Annuity? The word annuity has its origins in a Latin term that means “annual.” Today, an annuity is an investment product sold by insurance companies. Annuities can be purchased through a series of contributions or in one lump sum. The money put into the annuity contract is allowed to grow for a period of time.

Costs Always Affect Performance

There really is no such thing as a free lunch and there is no such thing as a financial product, annuity or otherwise, without some costs to produce and provide that product to you, the consumer. The question is, What is the impact of that cost and what is a reasonable cost to bear?