10 reasons an annuity might make sense for you paid Impact_Partner
The world of investing has gotten more complex as the years have gone on. The flood of new products and investing strategies continues to evolve with time. Whether age-based target funds, long/short mutual funds, market-weighted ETFs, structured products, or equity indexed annuities, there’s been no shortage of creativity around the financial industry.
One of the investments that continues to garner a lot of attention is the tax-deferred annuity. In looking at recent sales statistics as they coincide with market volatility and recession fears, it’s no wonder annuity sales are hitting all-time highs. In looking at recent sales statistics as they coincide with market volatility and recession fears, it’s no wonder annuity sales are hitting all-time highs.Total annuity sales in 2018 increased 14 percent to $232.1 billion, with Q4 2018 having the highest total annuity sales in a quarter since Q1 2009. In addition, total fixed annuities were up 47 percent from Q4 2018 at $37.4 billion.
Other advisors may put these in different order, but the numbers above don’t lie – millions of investors are motivated by some, if not all, of the reasons mentioned below.It feels like there’s never been such division in Washington, D.C., and across our nation. The political rhetoric is downright scary. Impeachment hearings, record-level national debt, and the specter of socialism is frightening many investors. It isn’t much better in Europe with anxiety over Brexit and negative interest rates.
Annuities aren’t for everyone. Some feel they’re too complex. For others, the features and benefits mentioned above are more compelling than traditional investing. The annuity concept is intended to represent the “safe” portion of your retirement nest egg. It has specific guarantees associated with it that no other traditional investment can offer. In an uncertain world, annuities can offer the added peace of mind many investors are looking for.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Black Friday And Cyber Monday Deals: 10 Best Apps And Websites For 2019From cash back apps to the top sites for finding deals, here are the top tools to make your Black Friday and Cyber Monday a success.
Read more »
10 things in tech you need to know todayThe New York state attorney general is investigating WeWork amid layoffs at the company.
Read more »
10 things you need to know before the opening bellThis is what traders are talking about.
Read more »
How to Have a Fancy Dinner Party for 10 People With Only $50But BYO wine because yeah
Read more »