Annuities for Dummies

Looking for steady retirement income? Read this book!
 
Turning retirement savings into a steady income is a big step toward a worry-free retirement. This book introduces you to how to add annuities to your investment mix. It helps you evaluate how to select the best annuities for your needs and steer clear of the worst. You'll learn how different types of annuities can help you turn your retirement savings into a monthly paycheck, protect your investments from market ups and downs, postpone taxes, stay in your home for the rest of your life, and even buy long-term care insurance for less..
 
Written by an annuity thought leader who is a frequent guest-expert on webcasts, podcasts and radio broadcasts as well as editor and publisher of Retirement Income Journal, the book offers the knowledge earned from interviews with hundreds of annuity industry insiders on their own turf. Get insight into which annuities do (or don't) provide near-retirees and retirees with solid value.
* Stretch your savings into lifelong income
* Ask smarter questions when talking to an agent, broker or adviser
* Retire with less anxiety about the market
* Feel more in control of your financial life
 
Annuities For Dummies is the must-have guide for anyone making retirement plans or managing their retirement savings.

List of contents

Introduction 1
 
Part 1: Making Sense of Annuities 5
 
Chapter 1: The ABCs of Annuities 7
 
Chapter 2: Taming the Big Retirement Risks 21
 
Chapter 3: Diving into Annuity Documents 33
 
Chapter 4: Weighing Annuity Pros and Cons 47
 
Chapter 5: Deciding Whether an Annuity Is Right for You 59
 
Part 2: Identifying the Major Annuities 73
 
Chapter 6: Earning Interest with Fixed Annuities 75
 
Chapter 7: Creating Retirement Paychecks with Income Annuities 91
 
Chapter 8: Gambling on Fixed Indexed Annuities 111
 
Chapter 9: Aiming Higher with Registered Index-Linked Annuities 129
 
Chapter 10: Tapping Variable Annuities for Tax Breaks and Income 143
 
Chapter 11: Aging Gracefully with Deferred Income Annuities and Qualified Longevity Annuity Contracts 161
 
Chapter 12: Tapping the Liquidity in Your Home 175
 
Part 3: Shopping in the Annuity Marketplace 189
 
Chapter 13: Issuing Annuities: It's What Life Insurers Do 191
 
Chapter 14: Meeting the Annuity Salespeople 205
 
Chapter 15: Site-Seeing in the Annuity Web World 219
 
Chapter 16: Adding Annuities to 401(k)s 229
 
Part 4: Getting the Most out of Your Annuity 243
 
Chapter 17: Building Safe Retirement Income 245
 
Chapter 18: The Taxing Side of Annuities 259
 
Chapter 19: Recognizing Annuity Exit Ramps 269
 
Chapter 20: Structuring Your Annuity Correctly 277
 
Chapter 21: Avoiding Annuity Pitfalls 285
 
Part 5: The Part of Tens 295
 
Chapter 22: Ten Great Books about Annuities 297
 
Chapter 23: Ten Questions to Ask Before You Sign a Contract 303
 
Chapter 24: Ten Annuity Checkpoints on the Information Highway 311
 
Part 6: Appendixes 317
 
Appendix A: Glossary 319
 
Appendix B: State Guaranty Associations 329
 
Index 333

About the author

Kerry Pechter has been writing about annuities, the annuity business, and retirement planning for more than 25 years. The founder, editor, and publisher of Retirement Income Journal since 2009, he brings a grasp on how annuities are built, how they are sold, and how they fit in a retirement financial plan.

Summary

Looking for steady retirement income? Read this book!

Turning retirement savings into a steady income is a big step toward a worry-free retirement. This book introduces you to how to add annuities to your investment mix. It helps you evaluate how to select the best annuities for your needs and steer clear of the worst. You'll learn how different types of annuities can help you turn your retirement savings into a monthly paycheck, protect your investments from market ups and downs, postpone taxes, stay in your home for the rest of your life, and even buy long-term care insurance for less..

Written by an annuity thought leader who is a frequent guest-expert on webcasts, podcasts and radio broadcasts as well as editor and publisher of Retirement Income Journal, the book offers the knowledge earned from interviews with hundreds of annuity industry insiders on their own turf. Get insight into which annuities do (or don't) provide near-retirees and retirees with solid value.
* Stretch your savings into lifelong income
* Ask smarter questions when talking to an agent, broker or adviser
* Retire with less anxiety about the market
* Feel more in control of your financial life

Annuities For Dummies is the must-have guide for anyone making retirement plans or managing their retirement savings.

Product details

• Authors: Pechter, Kerry Pechter, Pechter Kerry
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 01.08.2023
• EAN: 9781394168583
• ISBN: 978-1-394-16858-3
• No. of pages: 368
• Subjects: Guides > Self-help, everyday life > Lifestyle, personal development; Social sciences, law, business > Business > Business administration; Personal finance, annuitätendarlehen, Private Finanzplanung, Finance & Investments, Finanz- u. Anlagewesen