Need an Rx for retirement? The doctor is in

It took me a long time to get my "doctorate in lifetime income." The journey commenced once I reviewed my retirement account statement after the dot-com bubble burst. I felt absolutely nauseous. Losing money did not sit well with my stomach. If a 401(k) had caused me to retch so violently,...

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Bibliographic Details
Published in:Senior Market Advisor 2013-03
Main Author: Moore, Sheryl J
Format: Article
Language:English
Subjects:
Annuities
Insurance agents & brokers
Retirement planning
Online Access:Get full text
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Summary:It took me a long time to get my "doctorate in lifetime income." The journey commenced once I reviewed my retirement account statement after the dot-com bubble burst. I felt absolutely nauseous. Losing money did not sit well with my stomach. If a 401(k) had caused me to retch so violently, what retirement product could offer the soothing guarantees that would pacify my risk tolerance and secure my financial future? Turns out that the income supplement I yearned for was right beneath my nose. My employer was the leading seller of a new type of retirement product: indexed annuities. Once I learned about this vehicle that seemed too good to be true, I resolved not to let my "retirement internship" go to waste. I've been writing prescriptions for a retirement product stuffed-full of guarantees, which also have the opportunity to earn limited interest based on the market's performance. Need an Rx for retirement? The doctor is in.
ISSN:2332-6735