WAll STREET ANd RETIREmENT - A BIG dIScONNEcTare the many different income riders that offer guaranteed growth for
up to 20 years provided that the rider is used as income. Again this is
income you can count on. Your retirement income no longer has to be
base on HOPE but can be based on ASSURANCE. Which would you
like in your retirement? HOPE that markets do well or an income that
will be there regardless of what markets do. Life Insurance and annui-
ties are the only vehicles that I know of that can do that. You cannot
guarantee an account that is based on stock market performance. I have
been planning retirement incomes for the last 17 years and now it has
become fashionable for even some of the large companies like Schwab,
Fidelity and Vanguard to recommend annuities.
Any comments regarding safe and secure investments, and guaranteed
income streams refer only to fixed insurance products. They do not refer,
in any way to securities or investment advisory products. Fixed Insur-
ance and Annuity product guarantees are subject to the claims-paying
ability of the issuing company and are not offered by Global Financial
Private Capital.
stICkIng WIth the ADvIsoR thAt
BUIlt YoUR nest eggWhen we were born, we were brought into this world with usually an
obstetrician or a pediatrician. As we grew older we went to our family
doctor. Now as we enter retirement, many of us have our own special-
ists. As we enter different phases of our lives we must change as our
circumstances change. Not that there was anything wrong with the doc-
tor that brought us into this world, but it is just that we out grew his area
of expertise. The same things apply in your financial lives. During the
early stages of our financial life, we were in the accumulation phase of
our lives. During that phase we used a stockbroker, investment advis-
er, banker, or life insurance agent to help us accumulate our retirement
nest egg. We were able to take more risk because we were employed
and would not need that money for many years to come. They have
done a good job of building that nest egg, but now it is time for you
to seek the help of a professional income specialist. You have now en-
tered (whether you like it or not) the distribution and preservation phase
of your lives. It is not personal, it is just that your current adviser prob-
ably doesn’t have the specialized training to guide you through your
retirement years. Retirement represents a significant change in your life.