Financial Planning: Annuities : What Is Fixed Annuity?

A fixed annuity has a fixed rate of return and is not tied into the market. Invest in fixed annuities withtips from a registered financial consultant in this free financial planning video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

The Annuity Advisor 2nd edition

Every financial professional should read and refer to this completely updated annuity resource. Delivered in an authoritative, yet easy-to-read language, this guide provides an objective discussion of what annuities can and cannot do, their costs, and the risk management features that annuities offer.
Whether you are an attorney, CPA, financial planner; anyone who advises clients regarding financial matters should read and refer to this completely updated annuity resource. Delivered in an authoritative yet easy-to-read language, this guide provides an objective discussion of what annuities can and cannot do, their costs, and the risk management features that annuities offer.

The Annuity Advisor, 2nd Edition discusses topics including:

Cost-benefit comparison of the features and taxation of annuities
Annuities as an investment versus risk management tool
Taxation of annuities both during the owner’s lifetime and after death
The various features of annu

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Samsung Life sees growth in protection, annuity
SEOUL, May 12 (Reuters) – Samsung Life Insurance <032830.KS> forecast Wednesday 8-9 percent annual growth in protection and annuity products in the coming three to four years, with retirement of the baby boomer generation boosting demand.
Read more on Reuters via Yahoo! Asia News

Question by RG: If a variable annuity has a term of four yrs and the market is bad can the annuity become worthless?
We were sold an annuity with the promise of 6% interest and supposedly that was guaranteed forever? Were we conned? Could our annuity become worthless in 5 or 6 or 7 years? The current value of the annuity is down.

Best answer:

Answer by jeff410
It probably wont become worthless. But it may not live up to that 6 percent either. Thats usually based on some assumptions. The same thing happened in the early to mid 90s when interest rates dropped so low.

Add your own answer in the comments!

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Reader's Responses:

  1. arcfin1 says:

    Great video

  2. astroman30 says:

    Fixed annuities are crap. It’s a bad savings account through an insurance company. At least with variable you are able to invest in mutual funds.

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