Timothy Sumer

This video “Annuity Explained For Retirement | Do The Pros Outweigh The Cons” is the second in our annuity series. We recap annuity basics (e.g. what is an annuity, who buys an annuity & the difference btw a retirement annuity vs IRA) & dive deep into annuity advantages, annuity problems & solutions & if an annuity investment is good for retirement planning. The next three videos in the coming weeks will go through: - the types of annuities - fixed annuity vs. indexed annuity vs. variable annuity - the difference between an immediate annuity vs. deferred annuity - how to structure an annuity payment & - annuity riders 0:00 Intro 3:07 Advantage #1 4:23 Advantage #2 4:59 Advantage #3 7:31 Disadvantage #1 10:42 Disadvantage #2 WATCH NEXT ⭐ 2022 November I-Bond Rate Prediction: ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ⭐ How To Buy Mo...

Are annuites good? Are annuities bad? The short answer is it depends. In the New York Mets baseball organization, July 1st is known as Bobby Bonilla Day for what has become perhaps the most famous retirement deal in sports history. Annuities often get a bad rap. But the retirement (deferred) annuity Mr. Bonilla negotiated has worked out quite favorably. My professional focus is retirement planning for individuals over age 55. Please visit our website or reach out for a complimentary planning session. Ted Erhart, CFP® Financial Planner Anoka, Minnesota This has been prepared solely for informational purposes. Information herein is not intended to be complete, and such information is qualified in its entirety. This is not an offering or the solicitation of an offer to purchase an interest in any fund, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any security. Nothing herein should be construed as investment advice, an opinion rega...

This video “Buying An Annuity For Retirement That Suits You And Your Life Circumstances” will go into the annuity basics of how to customize an annuity along with the annuity pros & cons of the different customization strategies. Annuity explained! We’ll answer the following questions & more: - What is an annuity? - Who buys an annuity? - What is a deferred annuity? - What is an immediate annuity? - What are the key annuity problems & solutions? - Are annuities good for retirement planning? - What do you structure the annuity payment in your annuity investment ? Check out our complete annuity playlist to learn more about an annuity vs. IRA and the difference between a fixed annuity vs. indexed annuity vs. variable annuity. And don’t forget to subscribe for all things personal finance with Diamond NestEgg! 0:00 Intro 2:42 Owner vs. Annuitant 4:02 Beneficiaries 4:15 Single Premium vs Periodic Premium 5:50 Immediate Annuity vs. Deferred Annuity 7:34 Annuity Paym...