More Controversy surrounding Living Benefit Variable Annuities

It seems that I need to give you more objective information about annuities after I received an email from a trusted reader of my blog. I may end up with egg on my face over this but I am no expert on this and if new information comes to light I need to get it […]

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Variable Annuities are Bad, Bad, Bad!

I’m sure you have read or heard that Variable Annuities are bad. Isn’t that what we all hear from the financial press on a regular basis? My last post “Guaranteed Income For Life for Baby Boomers” showed a video of distinguished Professor John Huggard enthusiastically promoting the benefits of Living Benefit Variable Annuities. Why would […]

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Guaranteed Income For Life for Baby Boomers

Guaranteed income for life is the title of a video by John Huggard who is a Professor and who in his own words, spends most of his time researching mutual funds and annuities. The video can be viewed on the Boomertirement web site under the title, Guaranteed Income For Life: Solving the Longevity Problem for […]

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Retirement Exit Strategies

I came across a site called Boomertirement today. It is supported by the Million Dollar Round Table organization in the USA. This particular site is aimed at helping Baby Boomers take action on all financial matters related to their retirement. As stated on their web site: “Taking Any Action to Better Prepare for Retirement is […]

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Roll Up, Roll Up and get Your High Commission Equity Indexed Annuity Here

Many Baby Boomers may be falling into the Equity Indexed Annuity Web and may well live to regret it. They are being heavily promoted to Baby Boomers and Seniors often due to the very high commissions being paid to the sellers. It has taken some time but now it seems the problem with Index Annuities […]

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Retirees Cannot Afford to Buy and Hold When in Retirement

It’s that time when all the big fund managers roll out the long term stock market charts showing a trending stock market over the last 100 years. It’s a good ploy because over the long term the stock market goes up and “lo and behold” the advice given to you is to buy and hold […]

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Renegade Wealth Manager – Successful By Not Using a Buy and Hold Philosophy

Occasionally I stumble on someone who is not tarred with the same “Buy and Hold” brush as most Wealth Mangers are today, sucked in by the believe that a short 25 year bull market is a guarantee the good times will continue. They tell you past performance is no guarantee of future returns but that […]

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Increased Superannuation Contributions could cripple Our Kids financially in the short term

I just read a column in the Australian newspaper where it says the Government is considering increasing the compulsory superannuation contribution to 12% or even 15%. Nick Sherry Minister the “Super Minister” is not sold on the idea fully yet but I think he has it under consideration. There are major problems with the current […]

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