Mary Montiel and Michelle Montiel Zafiropulous joined Bryan and Angie to talk about FIAs - Fixed Indexed Annuitites. Don't know what they are? They give you the best of both worlds:Consistent, money is always coming in unless they market falls apart, but then it just stays where it was, you don't lose previous earnings, etc.When variable index goes up and down you...
Mary Montiel and Michelle Montiel Zafiropulous joined Bryan and Angie to talk about FIAs - Fixed Indexed Annuitites. Don't know what they are? They give you the best of both worlds:
Consistent, money is always coming in unless they market falls apart, but then it just stays where it was, you don't lose previous earnings, etc.
When variable index goes up and down you can only grow when it goes up, but doesn't go down.
Bryan is NOT into risks. 2008 was horrible as we all watched people losing their homes, retirements - 3.8 trillion were lost in retirement plans. Perhaps FIA didn't pay during that time, but they didn't go down! Those folks were safe.
Mary and Michelle advise that you get into discussions with your children to get them into a pattern of saving early. You have to model the behavior for it to really stick. Doesn't hurt to speak frankly about preparing for the future.
They have a great product.Great product with 10% bonus!
If you bring money into an account 2K - and up. the day you put it in the account, you get a LOCKED 10% bonus and you NEVER lose it.
Think about it $5500 per year into an IRA - put it in THIS product and it pays you the SAME bonus for 7 years!
They work with financial planners, or directly with the consumer. They will give you a complimentary review. Not all planners do this, but each has their own approach - no right or wrong, just have to be a match for you.