Skip to main content

Posts

Showing posts with the label whatisanannuity

What is the Definition of an Annuity?

An annuity is a contract with an insurance company. Annuities have one feature in common, and it makes annuities different from other financial products. With an annuity, the insurance company promises to pay you an income on a regular basis for a period of time you choose – including the rest of your life.  #retirementplanning #retirement #inheritance #babyboomer... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Annuities are financial investments that offer regular income payments over a specified period of time. They are often used as a tool for retirement planning, providing a steady stream of income to individuals during their golden years. Annuities are sold by insurance companies and can be customized to meet individual needs and goals. At its core, an annuity is a contract between an individual and an i

The most famous RETIREMENT ANNUITY in sports!

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