In the economic/rate environment we are currently in, do you believe that annuities will grow drastically in popularity? The rates on some of these fixed annuities are the highest in decades. Would it not be ideal to lock in at least some gains in a portfolio in an annuity?
Hi! I'm glad to find you, I would like to find you sooner though... I've got a policy which I'm paying monthly with this company: StateTrust Life & Annuities... I was kind of naive at that point, I would like to know what do you think about!. Thank you and keep going on with the channel, people deffinitively need this kind of content. Regards
Thanks for reaching out! It's great that you're proactive about your financial decisions. you should have some trusted advisor or an insurance broker to take a look at your policy from StateTrust Life & Annuities. Understanding the specifics of your policy will help determine if it aligns with your current financial goals. Feel free to share more details, and then discuss how to optimize your strategy moving forward. Have you noticed any particular concerns or benefits with your current policy?
SPIA for a set term is best visualized as a loan you are funding the insurance or banking entities. (The math is very similar except for amortizations.) As if the insurance company asked you for a loan to buy a new road sign. You would loan them the money (say $50k) in the same way as if you had taken a $50k car loan from them. (Cash principal and interest flow is just reversed.) The payment and the math are the same for the most part. Think of a CD (certificate of deposit) where you get the principal back at the end of the term. In an SPIA annuity, you begin to receive the principal back along with the interest payments. (Like a loan.)
Great analogy! It's always helpful to break down financial concepts into relatable terms. An SPIA can indeed function like a loan in reverse. Out of curiosity, have you found this perspective helps your clients better understand annuities? What other analogies have you found useful in explaining complex financial products?
@@StressLessFinancial Nationwide 12 year contract. First 3 years 4% and 8% (two contracts) (JP Morgan / Zebra) Last 3 year ended in June. .05% and ZERO% To me there is no difference between Vegas and Nationwide. Vegas here are thousands of slot machines. Select which one wins. Nationwide - Here are 12 Indexed annuities. Give us your lump sum pension and guess which Index will give you a return... In the annuity world Nationwide is the House. House always wins.
In the economic/rate environment we are currently in, do you believe that annuities will grow drastically in popularity? The rates on some of these fixed annuities are the highest in decades. Would it not be ideal to lock in at least some gains in a portfolio in an annuity?
Absolutely...for many folks!
There are riders where if the annuity does pay out the initial money they return the rest to a beneficiary
Hi! I'm glad to find you, I would like to find you sooner though... I've got a policy which I'm paying monthly with this company: StateTrust Life & Annuities... I was kind of naive at that point, I would like to know what do you think about!. Thank you and keep going on with the channel, people deffinitively need this kind of content.
Regards
Send it in to our team and we will take a look. www.leveragedwm.com/iul-review
Thanks for reaching out! It's great that you're proactive about your financial decisions. you should have some trusted advisor or an insurance broker to take a look at your policy from StateTrust Life & Annuities. Understanding the specifics of your policy will help determine if it aligns with your current financial goals. Feel free to share more details, and then discuss how to optimize your strategy moving forward. Have you noticed any particular concerns or benefits with your current policy?
SPIA for a set term is best visualized as a loan you are funding the insurance or banking entities. (The math is very similar except for amortizations.)
As if the insurance company asked you for a loan to buy a new road sign. You would loan them the money (say $50k) in the same way as if you had taken a $50k car loan from them. (Cash principal and interest flow is just reversed.) The payment and the math are the same for the most part.
Think of a CD (certificate of deposit) where you get the principal back at the end of the term.
In an SPIA annuity, you begin to receive the principal back along with the interest payments. (Like a loan.)
Great analogy! It's always helpful to break down financial concepts into relatable terms. An SPIA can indeed function like a loan in reverse. Out of curiosity, have you found this perspective helps your clients better understand annuities? What other analogies have you found useful in explaining complex financial products?
What you say about New York Life annuities
What's your opinion on Nationwide's New Height Select Annuity series ?
Thanks for the comment - we will add this one to the list and do a review soon!
I need help to enroll in IUL.
reach out to us, we'd love to help! call, email, whatever is easier!
book a meeting: leveragedwm.com/bookmeeting/
I'm so confused 😕
Reach out to us, we'd love to help!
Oh Oh I know I know......3 years ZERO% gain
can you elaborate more, abt that 3 years Zero% gain?
@@StressLessFinancial
Nationwide 12 year contract.
First 3 years 4% and 8% (two contracts) (JP Morgan / Zebra)
Last 3 year ended in June. .05% and ZERO%
To me there is no difference between Vegas and Nationwide. Vegas here are thousands of slot machines. Select which one wins.
Nationwide - Here are 12 Indexed annuities. Give us your lump sum pension and guess which Index will give you a return...
In the annuity world Nationwide is the House. House always wins.