Not Your Average Financial Podcast™

Episode 82: How to Give Yourself a Pay Raise in Your Retirement

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In this episode, we ask:

  • What is the goal or function of your money?
  • What is important for your money for you?
  • What do you want your money to do for your children and your legacy?
  • What is a Fixed Indexed Annuity with an Income Rider?
  • Have you heard Episode 23?
  • How much went into Fixed Indexed Annuities in 2017?
  • What are the positive characteristics of a Fixed Indexed Annuity?
  • Would you like guaranteed income for life?
  • What is the vocabulary?
  • What does Fixed refer to?
  • Do you want to choose the fixed allocation or the indexed allocation each year?
  • What does Indexed refer to?
  • How does the S&P 500 come into play?
  • What is a cap?
  • What is a spread?
  • When is a cap useful? When is a spread useful?
  • Are you actually investing in the market with an annuity?
  • What happens if the S&P 500 drops?
  • How does the annual reset help each year?
  • Why in the world would any insurance company offer to do something like this?
  • Does your cash actually belong to you?
  • How can paper wealth vaporize?
  • How can you grow your wealth safely?
  • What does an Income Rider provide?
  • How is income from annuitizing different from an income rider?
  • How are you rewarded for waiting?
  • What are the risks in retirement?
  • How can you get growth on the money to keep up with inflation?
  • How can you get protection from “living too long” or longevity risk?
  • How can you move upstream with pay raises?
  • How can you lock in the money you made last year?
  • What are the benefits from income rider?
  • What are the changes in the Consumer Price Index (CPI) over the last 8 years?
  • How are annuities also known as “mailbox money”?
  • What is the function of your money?
  • Are you wrapped up in a product?
  • What do you want your money to do for you?
  • What’s the catch?
  • Don’t you need a big lump sum to start an annuity?
  • What are the age requirements?
  • How is a Fixed Indexed Annuity compared to an Indexed Universal Life contract?
  • Have you heard Episode 59? Episode 60? Episode 61?
  • What can the Fixed Indexed Annuity provide?
  • How is a spread different from an Assets Under Management Fee (AUM Fee)?
  • How is this like a “private pension”?
  • What about saving for your future?
  • How do you fund a Fixed Indexed Annuity?
  • Would you like to book a meeting?

    • ...more
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