Advisors Say

Advisors Say “Yea” to Annuities

Guaranteed Income Solutions Appropriate for Most

Regular readers of our blog will notice a few recurring themes in our posts when it comes to retirement planning and post-settlement planning:

Protecting yourself from the risk of outliving your money is wise

Slow and steady wins the race

Things that look too good to be true usually are

A recent article in LifeHealthPRO reinforced our way of thinking.

In “LIMRA: Most Advisors Favor Including Annuities in Clients’ Portfolios,” we learn most financial advisors believe . . .

  • Clients with less than $500,000 in assets should have some annuities
  • Outliving financial resources is the biggest risk their clients face
  • The benefits of guaranteed income products outweigh the benefits of non-guaranteed income solutions

Granted:  Annuities don’t quite deliver the same “thrill” other investment and settlement alternatives might.  But for safety, security, peace of mind and protection against “losing it all,” annuities deliver.

Surprising:  Even advisors with clients whose assets exceed $1,000,000 say guaranteed income solutions, like annuities, are appropriate for them.

Structured settlements for personal physical and (especially) non-physical injury claims are the “creme de la creme” of annuities because of the unique tax advantages they bring.

But for those who are simply looking for a sensible way to arrange for their retirement with accumulated funds, they can take comfort in knowing most of the experts advocate including annuities in their financial plans for their future.


Finn Financial Group