Oct 07 2009
Baby Boomers: Investing in Annuities – A Good Idea?
For the Baby Boomers and Midlifers, this October – the Month of The Harvest Moon!: The focus is on Planning for Retirement. We’re talking about finance, and lifestyle choices. Planning for those days when after all your hard work you can “harvest” the rewards – whether that means travel, time, golf, or doing just what you want with your life. Annuities are just one of the many investment vehicles you can choose to help build up your retirement fund.
Guest author Scott McQuarrie shares some advice
. . . . .
Annuities – Worth Another Look
Annuities – Worth Another Look
Guest Author: Scott McQuarrie
Use the words “insurance” and “investment” in the same sentence these days and most people will think of some pretty negative things, like the government bailout of the huge insurance firm, AIG. Despite the bad publicity, however, insurance is still one of modern life’s basic needs. And insurance companies still offer interesting ways to protect your money as well as your life, health and auto. Annuities are a perfect example.
Annuities are very interesting financial instruments, and one of the main products of insurance companies. Essentially they are “future repayment” contracts between you and an insurance company, which you fund with either a single lump-sum payment or scheduled remittances in advance of the first payout date. The insurance company agrees to make periodic payments of a certain calculated amount, according to an agreed-upon schedule.
Annuities usually feature tax-deferred earnings and might also contain death benefits. Since it is not a replacement for life insurance, the amount that it will pay the beneficiary is some guaranteed minimum amount, often the total of your initial pay-in amount.
Kinds of annuities Generally speaking, there are two types of annuities, fixed and variable. Fixed annuities earn a specified minimum rate of interest while your account is maturing toward its payout date. The insurance company will then guarantee that the periodic payments will be a specified amount for each dollar in the account, payments that could last for either a defined period (15 or 20 years) or for indefinite periods like your lifetime or your spouse’s.
When you opt for a variable annuity, you can select from among various different investing options, mostly mutual funds. The amount you eventually receive will depend on the returns earned from the investments you selected.
Equity-indexed annuities are where the insurance company credits you with a rate of return based on changes in an equity index like the S&P 500 Composite Stock Price Index. Most insurance companies will guarantee a certain minimum return, which rates vary greatly from firm to firm. Following the accumulation period, you will receive periodic payments according to your contract terms, unless you prefer a lump sum payment.
The legal distinctions Each annuity product is a different kind of financial instrument. Fixed annuities are not considered securities and therefore are not regulated by the Securities and Exchange Commission (SEC). On the other hand, variable annuities are securities, so the SEC does exert some oversight of those products. Equity-indexed annuities combine features of other, more traditional insurance products (like a specified minimum rate of return) as well as standard securities (return pegged to the markets).
Because they are constructed in different ways, even within the same company, equity-indexed annuities may or may not be considered securities. It is all according to their particular design. Most equity-indexed annuities marketed today, as a matter of fact, are not registered with the SEC. This means it is more important to check the company, its history and its own financial health if you are going to risk your money on its products.
Fitting into the plan
You can learn more about all the kinds of annuities by doing online research, as well as ordering information from the various insurance companies that deal in the products. A good financial planner, especially one who is also a licensed insurance agent, will be able to help you determine just how you can work an annuity into your financial formula. Again, it is up to you to determine the amount of risk you can stand, and the way you want to structure the deal, because there are no concrete guarantees in any financial instrument, truth be told. The history of annuities, however, should give one sufficient confidence to proceed if everything – the company, the people, the deal, etc. – checks out.
One primary challenge in creating a comprehensive financial plan is making the best use of your funds and limiting the amount of overlap in benefits. That is, if you have other income-producing investments, you don’t need to use annuities for the majority of your future living expenses. Instead, if you anticipate paying for college for a kid or two, you could set up an annuity for that purpose, or according to some other plan that you develop. You can use annuities as a component of various, very effective financial plans, so don’t overlook them.
By Scott McQuarrie, representing the EZWatch Pro brand, a leading provider of computer based video security systems for business, commercial and government applications.
Article Source: http://EzineArticles.com/?expert=Scott_McQuarrie
http://EzineArticles.com/?Annuities—Worth-Another-Look&id=1824761
where you flying geoff? i can get wireless on my ipod, now thats an achievement!
We simply tweeted your website and desired to claim that I actually have really enjoyed reading your website posts. By any means I’ll be subscribing to your feed now, thanks
Hi there, I believe your website may very well be having internet browser analysis concerns. Once i research your blog in Safari, it looks excellent but when opening in Internet Voyager, it uses a number of overlapping. We simply planned to provide you a immediate mind right up! Other you should that may, shining site!
The Potato Curry looks really delicious and am sure a perfect match for those dosas.
Hi Michelle, I’ve been reading your squidoo girl blog for a couple of weeks now and just thought I’d let you know I’m waiting with baited breath for each and every post you produce. I’ve learned so much about how to help my lenses from you. For starters I’m running the health check you wrote about on a couple of them every night after work and working hard to get them all to read “Okay”. Thanks for all the great ideas. I have a favorite lens that I would like you to bless if you find it worthy. It’s called “Create A Personal Vintage Charm Bracelet”. Thanks.
It a new idea! Just wanna say thank you for your information you have posted. Just continue publishing this type of post. I will be a loyal reader, thanks a lot.
hi there, I would be interested in coming along on Friday to witness the part of the excavation, would this be possible?. .Thanks
Whether a hacker, leaker, or whistleblower, the person or group deserves out gratitude for he or she or they did the world a great service. If someone broke into my home with the intention to steal but instead extinguished a fire which would otherwise have incinerated me and my family, I should thank him as wholeheartedly as if he were a legitimate fireman. Of course, this was no accidental leak from some fortuitous hack; the hacker or leaker already knew that the e-mails and other data would expose to the world how farcically unscientific the basis of the so-called scientific consensus was and, unfortunately (for as long as too many in the climate-science community try to hide their complicity in fraud or their failure to discern pseudo-scientific malfeasance), still is.
I simply want to mention I am just very new to blogging and site-building and honestly liked your blog site. Probably I’m want to bookmark your site . You absolutely have really good writings. Thank you for revealing your web site.
I am having a lot of fun with XSitePro 2 and am finding using it refreshing after spending several months struggling to learn how to use the rather more expensive Memberspeed membership site software.
These garden shed plans will tell you where to put each board, window and door. They will give you the overall dimensions of the structure.
I’ve ruined one Wii by doing this and got my computer infected another time just because I used files from a source I wasn’t familiar with.
Pretty up your site with your own designed templates You know standard Xsitepro templates are so average looking, learn how to create your own custom xsitepro templates by watching these videos.
amazing stuff thanx
I’ve learn some excellent stuff here. Certainly worth bookmarking for revisiting. I wonder how so much attempt you put to create such a fantastic informative site.
Nice article. Its realy good. Many info help me.
Building kitchen cabinets is always a good ideas to make your kitchen look fresh and good looking again.
Can I just say what a aid to find somebody who really is aware of what theyre talking about on the internet. You undoubted know how you can carry a difficulty to gentle and make it important. Extra individuals must read this and perceive this facet of the story. I cant consider youre no more in style since you undoubtedly have the gift.Regards Otto
Superb blog! Do you have any recommendations for aspiring writers? I’m planning to start my own site soon but I’m a little lost on everything. Would you suggest starting with a free platform like Wordpress or go for a paid option? There are so many options out there that I’m completely confused .. Any tips? Bless you!
Unquestionably believe that which you said. Your favorite reason appeared to be on the web the easiest thing to be aware of. I say to you, I definitely get irked while people think about worries that they plainly do not know about. You managed to hit the nail upon the top and also defined out the whole thing without having side-effects , people can take a signal. Will probably be back to get more. Thanks
Undeniably think that which you said. Your favorite justification seemed to be on the online the easiest factor to be aware of. I say to you, I certainly get irked whilst people believe about worries that they plainly don’t know about. You managed to hit the nail upon the top as well as defined out the entire factor without getting side effect , people today can take a signal. Will most likely be back to get additional. Thanks
Simply wish to say your article is as amazing. The clearness to your submit is just nice and i can think you’re a professional on this subject. Well together with your permission let me to snatch your RSS feed to stay updated with forthcoming post. Thanks 1,000,000 and please keep up the gratifying work.
Fantastic beat ! I wish to apprentice while you amend your site, how can i subscribe for a blog website? The account aided me a appropriate deal. I have been a little bit familiar of this your broadcast offered shiny transparent idea
Pretty component of content. I simply stumbled upon your weblog and in accession capital to assert that I acquire in fact enjoyed account your weblog posts. Anyway I¡¦ll be subscribing to your feeds and even I fulfillment you get admission to consistently rapidly.
Hello There. I found your blog using msn. This is an extremely neatly written article. I¡¦ll make sure to bookmark it and return to learn more of your useful information. Thank you for the post. I¡¦ll definitely comeback.
Heya i¡¦m for the first time here. I found this board and I to find It really helpful & it helped me out a lot. I’m hoping to present something again and aid others such as you helped me.
Awesome. We need more sites with this very useful info. Thanks.
Outstanding post it is surely. My teacher has been seeking for this information.
Hello there, just became aware of your blog through Google, and found that it is really informative. I am going to watch out for brussels. Ill appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!
Excellent post. I was checking constantly this blog and I am impressed! Very useful information specially the last part
I care for such information much. I was looking for this particular info for a very long time. Thank you and best of luck.
Pretty nice post. I just stumbled upon your weblog and wished to say that I have truly enjoyed surfing around your blog posts. In any case I’ll be subscribing to your rss feed and I hope you write again soon!
This is really interesting, You are a very skilled blogger. I’ve joined your feed and look forward to seeking more of your excellent post. Also, I’ve shared your website in my social networks!
Fantastic goods from you, man. I’ve understand your stuff previous to and you are just too magnificent. I really like what you’ve acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still care for to keep it sensible. I can’t wait to read much more from you. This is actually a terrific web site.
I don’t even know how I ended up here, but I thought this post was great. I don’t know who you are but certainly you’re going to a famous blogger if you are not already
Cheers!
We’re a group of volunteers and starting a new scheme in our community. Your site offered us with valuable info to work on. You’ve done an impressive job and our whole community will be thankful to you.
Heya i’m for the first time here. I found this board and I find It really useful & it helped me out a lot. I hope to give something back and aid others like you helped me.
I think this is one of the most vital information for me. And i’m glad reading your article. But wanna remark on few general things, The site style is wonderful, the articles is really excellent : D. Good job, cheers
I think this is among the most important info for me. And i’m glad reading your article. But want to remark on few general things, The site style is wonderful, the articles is really excellent : D. Good job, cheers
I adore gathering utile info, this post has got me even more info! .
We are a group of volunteers and opening a new scheme in our community. Your web site provided us with valuable info to work on. You’ve done an impressive job and our entire community will be thankful to you.
hey there and thank you for your information – I’ve definitely picked up anything new from right here. I did however expertise a few technical points using this website, since I experienced to reload the website lots of times previous to I could get it to load correctly. I had been wondering if your web hosting is OK? Not that I’m complaining, but sluggish loading instances times will sometimes affect your placement in google and can damage your high-quality score if ads and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and could look out for a lot more of your respective exciting content. Ensure that you update this again very soon..
Excellent goods from you, man. I have understand your stuff previous to and you are just too fantastic. I really like what you have acquired here, certainly like what you are stating and the way in which you say it. You make it entertaining and you still care for to keep it wise. I can’t wait to read much more from you. This is actually a wonderful website.
Hello there, You have done a great job. I’ll certainly digg it and personally suggest to my friends. I’m confident they’ll be benefited from this site.
You really make it seem so easy with your presentation but I find this topic to be actually something which I think I would never understand. It seems too complicated and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!
I do not even know how I ended up here, but I thought this post was great. I don’t know who you are but certainly you’re going to a famous blogger if you aren’t already
Cheers!
When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thank you!
Hi there, You’ve done a fantastic job. I’ll definitely digg it and personally recommend to my friends. I’m sure they will be benefited from this website.
I have been surfing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. Personally, if all website owners and bloggers made good content as you did, the internet will be much more useful than ever before.
If you are a person who changes your style often you should ensure that you select a style which is compatible with many different looks.
Good Post.. But one need to be very careful and avoid black hat as it may spoil whole website if found not legitimate..
I’m extremely impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you modify it yourself? Anyway keep up the nice quality writing, it’s rare to see a great blog like this one these days..
It’s perfect time to make some plans for the future and it’s time to be happy. I have read this post and if I could I want to suggest you some interesting things or tips. Perhaps you could write next articles referring to this article. I want to read even more things about it!
Do you mind if I quote a few of your posts as long as I provide credit and sources back to your weblog? My website is in the exact same area of interest as yours and my visitors would definitely benefit from some of the information you present here. Please let me know if this okay with you. Thanks!
Blogging can occasionally include unpredicted implications within politically vulnerable areas. Sites are usually considerably trickier to manage than sent out as well as print advertising. Because of this, totalitarian along with authoritarian regimes typically search for to curb blogs and/or for you to discipline people who maintain these individuals.
Hello, I think that I saw you visited my weblog thus I came to “return the favorâ€?.I’m trying to find things to improve my site!I suppose its ok to use some of your ideas!!
I think he assumed we knew all about it.
“(Kid Koala) moved to Montreal and asked me to play in his band that band became Bullfrog, and the rest is history.”
I needed to put you this tiny note to thank you very much the moment again for these incredible tricks you’ve provided on this site. It has been simply seriously open-handed of you to provide extensively what exactly some people might have supplied for an electronic book in order to make some dough for themselves, especially now that you might have tried it if you ever desired. Those concepts additionally served as the fantastic way to understand that other individuals have similar desire the same as mine to figure out a little more with regard to this issue. I think there are thousands of more pleasurable occasions in the future for people who start reading your site.
XSitePro has a clean interface and is designed so that the average person can build a site. To test this I’ve had my wife and my teenage son build simple sites. In a matter of a couple hours each was able to build a visually compelling site.
Running a blog can occasionally get unexpected consequences throughout politically delicate places. Sites usually are much harder to regulate as compared to sent out or maybe produce mass media. Consequently, totalitarian along with authoritarian routines typically seek for you to restrain websites and/or to reprimand people who preserve these people.
Pretty nice post. I just stumbled upon your weblog and wished to say that I’ve really enjoyed surfing around your blog posts. After all I¡¦ll be subscribing to your rss feed and I hope you write again very soon!
Blogging and site-building can sometimes possess unexpected penalties in politically sensitive areas. Sites are generally significantly more difficult to regulate when compared with sent out or even art print media. Subsequently, totalitarian and authoritarian regimes often look for to restrain sites and/or to help reprimand people who maintain these.
This review will tell you what makes XSitePro 2 so much better than its competitors.
battery backup systems in ny
It a big idea! Just wanna say thank you for your information you have got diffused. Just continue composing one of these post. I will be a loyal reader, thanks a lot.
She has been your best friend for years. she trusted you and never thought you would have sex with her husband what you did was VERY very wrong but you CAN earn her trust back i had a similar problem only she had sex with my husband i didn’t forgive her till she told me (alone) that she was sorry for having sex and she will never do it again and before she left crying she said you don’t have to be my friend if you think i might hurt you like that again. so try to wait a couple years till you feel the time is right and talk to her
Thank you action the instance to discuss this approach, I kinds feel eagerly around it and love researching many within this niche.I even have web site around this best poker rakeback If possible, because you reap proficiency, do you see change your site along with much facts? It really is highly useful for myself.
?????bluehot?????
Thanks a ton for posting the following thought, bookmarked and also added to my personal RSS.
I purchased XSitePro 2 using the above rebate link (Highlighted in red) on 2nd December 2008.
It might make people think it is prone to flooding.
Hey , . Me too a first time visitor to your blog . Let me tell you that was wonderful article that you have written thanks for that. As a newly married person myself , i am going to print it out for my wife to read it . Keeping on sharing your thoughts . Healthy regards .Sudeep .Blogging for Optimum Health Care
Accepted your website that came from the neighbors Fb linkage, it seems that you have got establishing fanbase but i also today undertsand the sole reason why Extremely educational content, many many thanks 1000000.
I know. The only idea that I have come up with is to get a pair of flat white thigh high boots and see if you can get them professionally died to match the costume. The glossy ones will not work. They have to be a flat white if you are going to be able to do it.
My hope is because some members of our community will probably be attracted to promoved their activity get a job with possible presentation with the conference.
My buddy instructed I could of this nature internet page. He ended up being entirely right. This blog genuinely made my day. You can’t imagine just how much time frame I had developed exhausted for this information! Thanks again
whoah this blog is wonderful i love reading your articles. Keep up the great work! You know, many individuals are looking around for this info, you could aid them greatly.
Thanks for taking the time out to share this with the world. I really appreciate this. Keep doing what you’re doing.
Pretty nice post. I just stumbled upon your blog and wanted to say that I’ve truly enjoyed surfing around your blog posts. After all I’ll be subscribing to your rss feed and I hope you write again very soon!
cool post!I’ll bookmark this page to share this to my friends.
ScribbleMuse, thank you I will continue to come back and keep you informed. Max, I understand where you are coming from, I know just about everyone believed this story. And if I was not as close to the defendant as I am, I might have believed it too. But I know him and this is not Jamie. .I have been tryng to find Jamie another attorney. I spoke to one yesterday here in Tyler and he informed me that I should not replace Jamie’s lawyer. That he had his hands tied in the first trial because of withheld evidence. This attorney also informed me that ever since Patrick Kelly’s trial there have been dozens of lawyers putting thousands of hours in on this case, Pro Bono. He said “Tanya, we know these people are innocent, and all the evidence that was withheld in the first trials will be introduced in the new trials”. He also said that the courts were going to overturn Shauntel Mayos case too. He said that her attorney did a lousy job of defending her and that she was going to have a hearing about it. Shauntel is in Smith County right now. She got here almost a week ago. I guess that may be why she is back. This attorney also informed me that the best thing I could do for Jamie is go to the newspaper and the media. .You guys I can’t tell you how happy I was when I got off the phone with this lawyer. I feels amazing that there are other people .( besides myself and Jamie’s other family) that believe these guys and girls are innocent. I’ve been watching the news and the message I’ve been getting is that they will indeed get a retrial but the outcome with remain the same. .Max, believe me I am very grateful to Mr. Jim Wheeler. More than you or anyone will ever know. He did a very brave thing and I intend to contact him and thank him pesonally for getting involved the way he did. Not too many people would call out the Smith County DA office the way he did. All he did was tell the truth, but it took a lot of guts to do it. Smith County has a reputation. Needless to say it’s not a great one. .So, I would appreciate the positive thinking and the prayers. We need all we can get. .By the way, I’m printing this out to send to Jamie. It will do him some good to hear some of the things that have been said. .Till next time
Wow. That will be interesting when it is released! Thanks for the heads up on that.
Baby crib plans ought to inform you precisely the supplies and the instruments that you will be needed to complete the project.
Do the fast for yourself, for the people stuck in Darfur and because all of these wonderful people are doing it so there must be a good reason for it… also to loose that last bit of weight and look hot this summer. .j.
Your blog is awesome ! Can’t wait for new posts ! .Invite me
I notice really quite a number of blogs that appear interesting and worth a read. There’s absolutely nothing worse than browsing through countless yada yada blogs simply to locate a couple which hold ones attention. Many thanks. Good work!
It’s very, very important to start off with more beginner-oriented wood projects, at least until you get the basics of woodworking down.
I feel that is an interesting point, it created me feel a bit. Thanks for sparking my thinking cap. Quite often I get so considerably in a rut that I just really feel like a record.
Jay, you make a lot of these up yourself don’t you?!
i too experienced complacency and the realization that i was no longer the smartest kid in class. but i also came to the realization that i hadn’t ever really been the smartest to begin with.
both Kontera and Infolinks are great programs that can monetize your website, i earn much better on Infolinks .`.
Anna writes: .Yes I agree. “Anna, potential negative scenarios are reality, and we ignore them, we screw ourselves.” .*zap zap* .Michael:) At the same time, not everyone understands the same scenarios and may interpret it many different ways, leading to misunderstanding, causing racial, political and nukes/bombs scenarios, I don’t see how this is beneficial? Please eplain. .Anna:)
The word hacker has a negative connotation within the mainstream media. Shouldn’t we be calling this person a whistle blower instead?
I am glad I can now finnally have acess to this link. By the way, I am not a dude.
[...] I’m stuck in the past of just blogging. Yuga asks how one defines or quantifies the “next level” for blogs, and I still wonder if there really is a next level. If there is, then I’m [...]
Yes…there’s one in the front row on the other side of the stage..she even spreads her hands at one point..
My ex-wife Betty Ann also used her high spike heels to peel back my eyelids and scrape my eyeballs. I let her do it to me all she wanted while I masturbated into a towel and suffered while she worked on my eyeballs.
Stai benissimo!! Le foto sono molto belle! Alla fine anch’io ho pubblicato le foto con questo maxi dress…diventera un’ossessione! [Rispondi]
Hi buddy, your blog’s model is simple and clean and i like it. Your blog posts are superb. Please keep them coming. Greets!!!
Tim, you’ve got two examples, and you title your post “often”? Okay.
I am wondering how I can be notified whenever a new post has been made.
You guys! This is fabulous. Well done! Let me know if I can do anything to help out. Cheers from Neil and Doc!
There are some interesting cut-off dates in this article but I don’t know if I see all of them center to heart. There’s some validity but I’ll take hold opinion till I look into it further. Good article , thanks and we want more! Added to FeedBurner as nicely.King Regards Pascal
Analyzing facts written here I get to various interesting assumptions. I’d really like to value the effort incurred in publishing.
Hey would you mind stating which blog platform you’re working with? I’m going to start my own blog in the near future but I’m having a difficult time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking for something completely unique. P.S Apologies for being off-topic but I had to ask!
Great – I should certainly pronounce, impressed with your site. I had no trouble navigating through all the tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your customer to communicate. Excellent task..
Nice shop, working on one myself. Always looking for ideas. Thanks for sharing
Super-Duper web page! I am loving it!! Will come back again – taking you feeds also, Thanks.
Do the fast for yourself, for the people stuck in Darfur and because all of these wonderful people are doing it so there must be a good reason for it… also to loose that last bit of weight and look hot this summer. .j.
I am using some of them such as SEO SERP and Screen Capture. Reply
Man that was very entertaining and at the same time informative.;-;~”
Hi buddy, your blog’s model is simple and clean and i like it. Your blog posts are superb. Please keep them coming. Greets!!!
Ilia Great tip. I just tried it for my Squidoo lens and got a: .SLOW DOWN COWBOY Does Squidoo automatically ping when you update?
Thanks a lot for posting this information, I really don’t know about everyone else, but I can absolutely make use of it.
“Nice to see a couple of really good people find love” Yeah like Page is good people. Yeah right. And like she’s not in it for the money. Right again.
i love how he takes off the name from the back fo the jersey!
Why works almost none of the episodes in season one? .This is on almost all the episodes: This has been removed due to infringement. Why? : (
Hello! Je suis vachement chanceuse d’avoir fini par trouver par le plus grand des hasards votre site!
My cousin suggested I might of this nature business. He appeared to be entirely right. This site honestly made my moment. You can not think about simply how much moment in time I had developed exhausted because of this information! Many thanks
We can never define what is life, but you, you easily differentiate it.
I totally disagree, you haven’t posted why did you come up with your conclusions
Hi! I Enjoyed reading here but I have to admit that I find it hard to browse around this blog. It might be due to the theme… I am not sure. Just wanted to mention it. Perhaps you might consider a more user-friendly theme. Thanks!
Let me begin by saying nice post. Im not positive if it has been talked about, but when working with Chrome I can in no way get the entire web page to load without refreshing a great many times. Could just be my personal computer. Thanks.