Evidence continues to accumulate in favor of including the right kinds of annuities in your portfolio. Annuities have a bad rap in much of the financial media. Some of that’s deserved, because there are annuities that are complicated, charge high fees and have a lot of restrictions. There also are annuities that are sold to the wrong people. The right annuity, however, will increase your financial security and portfolio returns.
No one can predict a long-term-care medical event. But if it does happen, here is something to consider: An IRS-approved investment vehicle that lets you pre-pay (tax-free) for long-term care expenses… and can reduce your long-term-care expenses by up to a whopping 90%.
One quarter of the Baby Boom generation expects to work until they die...
For Americans ages 46-55, having enough money to retire is among their most pressing worries.
As a medical doctor, I can tell you that if you’re relatively healthy right now and a nonsmoker, you could live a lot longer than the averages. How long? It’s impossible to say. There are just too many variables. And that leads to important questions:
That’s why I’m going to lift the veil on one of the most misunderstood secrets of the wealthy... annuities.