by Charles Bobo | Jul 9, 2022 | Annuity Returns, Lifetime Income, Long Term Care
How does an annuity help save for retirement? Retirement annuities can help solve the challenges of living longer lives. But it also poses challenges to retirement planning. According to Vanguard, if you are 65 today, then you have a 97% chance of either you or your...
by Charles Bobo | Jun 27, 2022 | Annuity Returns, Fixed Annuities, Fixed Index Annuities
Is a fixed annuity a good buy? The Bear Market is here to stay for about another year, based on historical trends. And annuities are the best protector against the dramatic market declines suffered during these times. How long is a Bear Market? The average...
by Charles Bobo | Jun 26, 2022 | Annuity Returns, Fixed Index Annuities, Lifetime Income
Is a single premium annuity a good investment for wealth protection? This bear market has people not opening their 401(k) statements. Bear markets have an average life span of 18-months and requires nearly 5 years to recover from. Unless you have a massive...
by Charles Bobo | Apr 18, 2022 | Annuity Returns, Fixed Index Annuities, Retirement Plans
Retirement Annuities will shelter you against such draconian tax laws. Thank goodness for Annuities. The Biden Administration is considering bringing back an old tax law that will tax unrealized gains in your investments. This means money gained through a 401(k) or...
by Charles Bobo | Mar 8, 2022 | Fixed Index Annuities, Lifetime Income, Retirement Plans
A Retirement Annuity can help those over 80 Retirement annuities are not usuallyoffered for those beyond age 80. But even those beyond age 80 are still good candidates for annuities for many reasons. I have several clients who fall into that age group. ...
by Charles Bobo | Feb 9, 2022 | Social Security
The is the first of a 3-part series on the future of Social Security and what you can do to offset its detrimental effects, by directing your retirement savings into fixed index annuities that will provide a stronger guaranteed lifetime income. The Congressional...
by Charles Bobo | Apr 20, 2021 | Annuity Returns, Death Benefits, Long Term Care
Annuities offer relief as long term care costs increase Baby boomers are entering retirement at an astounding rate, and this group happens to control a vast amount of the nation’s wealth. But as they enter their senior years and begin to suffer many of the ails...
by Charles Bobo | Apr 5, 2021 | Lifetime Income, Retirement Plans, Social Security
What are the warning signs of elder financial abuse? Elder abuse is an action against someone 60 or older that harms the person mentally, physically, emotionally, or financially. Physical and mental abuse seem to occur most often. At the...
by Charles Bobo | Feb 28, 2021 | Retirement Plans, Social Security
What is the status of Social Security and my retirement? In 1930 the average lifespan of a man was 58 and for women was 62. In the beginning, the age at which citizens could begin to withdraw Social Security was 65. So what did this mean? It meant the government was...
by Charles Bobo | Jan 15, 2021 | Annuity Returns, Lifetime Income, Retirement Plans
Annuities are like having insurance on your retirement savings Annuities are a powerful tool for seniors as a way to lock down retirement principal and create a guaranteed lifetime source of income. Additionally, annuities can provide long term care benefits and death...
