Protect Your Investments and Create Income For Life

5.23.25: Audio automatically transcribed by Sonix

5.23.25: this mp3 audio file was automatically transcribed by Sonix with the best speech-to-text algorithms. This transcript may contain errors.

Speaker1:
Any examples used are for illustrative purposes only, and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment, and is not a solicitation or recommendation of any investment strategy.

Speaker2:
Welcome to Retirement Results, the national radio show and podcast for listeners like you who want to protect and grow their hard earned money. In a world filled with so much uncertainty and financial risk, we seek to cut through the noise and build successful plans for hard working Americans on their road to financial freedom. Retirement results is powered by Active Wealth Management, a team of fiduciary advisors who always place your needs first. And now your host. He's a registered social security analyst, member of the Forbes Finance Council, and author of multiple books on retirement planning. Here's your chief financial adviser? Ford. Stokes.

Speaker3:
And welcome to a memorial day weekend edition of Retirement Results. I'm Ford Stokes, your chief financial advisor and American patriot. And I've got Sam Davis, who's an American Patriot co-host on the show. Over time, it results over the last five years and producer of the show. And he's also a senior financial advisor with us at Active Wealth Management. Sam. Hello, everybody. This Memorial Day weekend.

Speaker4:
Welcome to the weekend result drivers. Hope everybody is having a great weekend. I hope you're spending some time with the ones you love. And shout out to all of our veterans, especially those this weekend who have made the ultimate sacrifice and their families who are still with us. Um, really just appreciate this weekend, every year, Ford, to not just kick off the summer, but really start the summer with an attitude of gratitude for those who have paid the ultimate price for our nation and for our freedom.

Speaker3:
Yeah, I think one of the best images that I've seen is your day at the beach is brought to you by their day at the beach, like being at the beach at Normandy. Um, just shout out to all those veteran families. Want to want to give a shout out to my dad who was in the Navy. Um, and then Chris, my brother in law, who flew jets for the Navy. He flew the f a 18 growler. Um, also my brother's brother in law's brother, Tad. Um, he was in special forces within the Army and flew helicopters. And he flew the Cobra and the Apache helicopters. And also to my uncle John Ford, who, um, is now 80 years young, doing great, going great. And, uh, he was in the Army and he was a medic in Vietnam. He actually never even speaks about his military experience, um, in Vietnam. He's always just really happy about it, about being above ground and being alive. And he's the best uncle ever. And, uh, just shout out to Uncle John Ford and I, you know, I know Sam, you've got a mom who was in the Air Force, so I'll let you give your tributes as well. But happy Memorial Day weekend, everybody. And you know what? Retirement results. We don't take the weekend off. We make sure that we're here not to give you a cookie cutter repeat show. We're here to give you a real new show that's really subject driven. But we just want to take a moment and thank everyone who has kept us free, and also all those families who are still surviving, their loved ones who may have died in battle or have died after serving in the US military. Thank you for all their service. Thank you again. Like Sam, what you said giving the ultimate sacrifice and Happy Memorial Day weekend, everybody.

Speaker4:
Yeah, I just want to have a special moment of recognition for my mother, who's an Air Force veteran like you, said Ford. She took her very first flight ever to Air Force basic training in 1985, and she made it all the way up to staff sergeant and was involved in the intercontinental ballistic missile, uh, program. She had breakfast with Dick Cheney. She says that was one of her strongest memories of being in the Air Force. And also shout out to my brother in law, Josh, who served two tours overseas in the Middle East following nine over 11 and following all the terrorist attacks around the globe in the early 2000. And both of my grandfathers, Grandpa Jim, who is 90 years old, back their home in Kansas, and and my grandpa Richard, uh, who was pushing 90 and he's an upstate New York and he's fighting cancer right now. And we're praying for him every day and thinking of him. But thank you to all of our veterans out there. And thank you, Ford, Lord, for letting us have a moment to recognize our families for sure.

Speaker3:
Um, also would be remiss if I didn't talk at least about my dad's record in the Navy. He was basically the chief navigational officer in the Coral Sea. Uh, that was an aircraft carrier. He was sitting in the water, um, right outside of Korea during the Korean War. Never saw any action, but he was there, and, um, uh, you know, it, uh, it's a big deal. You got to make sure that boat's in the right spot. So, uh, prayers sent to your family and loved ones who are trying to make sure they have more years on the planet, and and they can see more kids graduations and and kids weddings and all that great stuff. Speaking of which, uh, we had a big deal this past weekend. Uh, Grace and Madison Stokes, they just graduated from North Forsyth High School, um, on Tuesday nights and over at Gas South Arena. Uh, the Forsyth County does a great job. Credit to all the folks over at Gas South Arena. Even though I think Gas South is in Gwinnett County. But, um, it was pretty remarkable to see almost 600 kids graduate at one time. That was, um, it was quite the operation and really proud of the girls. They both graduated with honors. And, uh, also graduated as two time state champions in athletically with competition cheer and had lots of cords and two state championship medals and, um, all the other stuff.

Speaker3:
And they had the National Honor Society sash or whatever you call it, that went around their neck. That was pretty neat. And, uh, you know, just it was a proud dad and mom and dad and I went just, uh, I think I think my wife started getting almost as emotional as I was. She she started she was like, oh, wow. It's the end of an era for sure. And, um, we were there with family. It was great. And thank you guys for listening. And again, we just hope everybody has a happy Memorial Day. Please stay. Stay safe. Especially if you're listening to us on Wdan around the lake. You may be getting your, you know, your morning coffee or if you're listening to us on Am 920 answer getting lunch or whatever. You're you're running around going to Home Depot or Lowe's, trying to get some house projects going. Just be careful, especially if you're around the lake. A lot of folks, a lot of accidents happen around the lake during holiday weekends, and we sort of make sure everybody's really safe and stay safe out there. Make sure you're driving boats sober and all that good stuff.

Speaker3:
Um, but on today's show, we are here to talk about preparing for retirement, and we're going to give you real specific things that you want to talk about, and you want to really consider on this week's show. And we're talking about how to make sure you're on a path for success, for your own retirement. Um, we also want to thank all the result drivers for making us the number one listened to radio show on Am 912. The answer? It was right around Memorial Day weekend. Um, it was just before Memorial Day weekend, over five years ago that we joined Am 912. The answer? We've been on the radio for over six years. We were on Wgst before they ran kind of to the middle and left on their politics. And we always are Trump supporters. We're MAGA supporters and we will not compromise. We want to make sure we're on the right conservative talk radio channel, but also want to give a shout out to all our podcast listeners to. Thanks so much for helping us generate all kinds of downloads and podcasts and podcast subscribers. But one interesting thing is, Sam, we just celebrated 70,000 views on our YouTube channel, and it seemed like it was just a couple weeks ago. We we celebrated 65,000 views on our YouTube channel.

Speaker3:
So we're really growing fast on the YouTube channel. So make sure you check out our retirement results YouTube channel. Um, and also check out retirement results anywhere you get podcasts, but thanks again for making us the number one listen to show on Am970 The answer on the weekends. And also shout out to all the listeners around the lake and Gainesville in Hall County that are listening to us and helping us grow the show. Um, in that early morning hour. But we're super excited to be with you. And we're going to talk about how to prepare for your retirement, how to make sure you're on a path to success, as I talked about. And we're going to answer questions about fixed index annuities or annuities in general, addressing some frequently asked questions about annuities from pre-retirees and retirees. These are questions we've also gotten from prospects that have come in and radio listeners. Also, we want to help you declare victory and protect your retirement and how to safeguard your hard earned savings and how to delete fees from your portfolio, helping you cut costs and be more aware of expenses. And now, Sam, go ahead and share this important financial wisdom. Quote of the week. It's been around a hot minute, by the way.

Speaker5:
And now for some financial wisdom. It's time for the quote of the week.

Speaker4:
This week's quote of the week comes to us from Jane Austen and Ford. This quote first came onto my radar when we were working on your book, annuity 360, and you mentioned a few quotes from historical figures about annuities, including this one from Jane Austen. And Jane Austen once said, an annuity is a very serious business. It comes over and over every year, and there's no getting rid of it. And this is a great quote for this week, Ford, because we're going to get back to basics kind of help answer some of those FAQs. And really, you know, boil it down to what an annuity is, which at the end of the day is a contract between you, the pre-retiree or the The retiree or just the investor looking to protect a portion of your savings, because there's annuities for folks that are as young as 18 years old, and a contract between you and that insurance company that can help you get to the guarantees of income, the guarantees of protection and also growth.

Speaker3:
I think you're going to like this show. It's going to dive straight into all the specifics and also all the all the questions that so many people have. So you're really going to like this show and how much time we got left.

Speaker4:
We got one minute. So we just kind of basically got to set it up here for the rest.

Speaker3:
Of the show. So when we come back to the break, we're going to we're going to talk about understanding annuities and how they help people retire. And then we're going to answer questions like what are annuities? How does an annuity work? How annuities provide a guaranteed income stream for life, and why today's annuities are different. You're listening to retirement results right here on Am970. The answer on.

Speaker2:
Call 1777 to schedule your free, no obligation meeting with us today. You're listening to retirement results.

Speaker6:
Just a small town girl living in a lonely world.

Speaker2:
Schedule your free, no obligation consultation today by visiting retirement Results.com. Now back to the show.

Speaker3:
Welcome back. Result. Drivers to retirement results. The number one listen to radio show on Am970. The answer on the weekends and one of the fastest growing shows on Wdan. And we're talking about annuities. We're talking about how you can prepare for your retirement and how to make sure you're on a path to success. We're also going to talk about how you can really just declare victory and protect your retirement. Right here on this entire show. We're going to give you a lot of really great information. There's a lot of people that have questions about fixed index annuities, especially after the market volatility we saw in April. So many people are like, Hey Ford, what can I do? How can I protect my money? How can I avoid this? Just having to watch a stock ticker every day. I really just want to make sure that my income is taken care of. And Sam, we're going to talk about understanding annuities and how they help people retire. And I'm going to let you go ahead and jump in here.

Speaker4:
Yeah. I mean, first off, you know, we work with pre-retirees and retirees every single week in the office. And we understand that retirement planning can be a daunting task. You know, as you get into your 50s and your 60s, you've been accumulating assets, you've been saving diligently, and you've got more to lose than you've ever had before. And that can make things a little intimidating. And so this segment, we really just want to help you understand what different types of annuities are, how they can provide that guaranteed income stream, and how today's annuities are different than generations past annuities because annuities have been around a long, long time. I mean, well over a thousand years. Ford, you actually write about this in your book that they used to use annuities way, way back in the day. And if you'd like to get a copy of that book, definitely reach out to us. But Ford, you know, just get things started all the way back at the basics. A lot of people just want to know what is an annuity.

Speaker3:
Yeah, I mean, annuity is really a contract between you and the insurance company. Um, and it's really something where you give, give a company a lump sum and they can essentially a fixed index annuities that we like to sell and market and help our clients grow their money and also get an income they can never outlive. It's going to come in year over year. We try to help people understand, hey, look, you give a sum of money. Let's say it's two, three, 4 or $500,000, and you can turn on income at, you know, the first year of the first day of year two. Or you could turn on income in year three, four, five. And for some of our annuities that we have available, like the nationwide peek ten, um, or even we're going to talk about a new product here, uh, that's coming in from Delaware Life. Um, and also North American's got a great product and SBA has a great product. We have access to hundreds of these products. But we're going to give you for an overview of four of these products today. But what the annuity is, you give them a lump sum. They're going to give you an income you can never outlive. And they're going to grow your money. We like to invest our clients money or have them invest in in different annuities where the account value doesn't go to zero after year 14 or year 20, where the rate of return, hopefully over the last ten years has proven that it's outpaced the withdrawal rate. And so therefore, we have a likelihood that your annuity is going to grow in value while also giving you an income. If that's something that's of interest to you, I'd encourage you to go to reach out to us at (770) 685-1777 again (770) 685-1777.

Speaker3:
And Sam, before I go back to you on this, one interesting thing you said have been around a long time. Jane Austen said in Sense and Sensibility. That was her quote that she gave in Sense and Sensibility that, you know, annuities are absolutely no joke. That book was published in 1811, so people have been using annuities for years and years and years to make sure that they are going to have a retirement income. Babe Ruth used annuities. He invested over 50% of his salary. He was getting, um, into annuities for five years prior to the 1929 crash, and he was able to live comfortably throughout his entire retirement, especially when he was infirmed and really couldn't do much. And and he was having a tough time caring for himself. So I gotta tell you, annuities are a really big deal and there's more and more people using them. And if you've heard, oh, you know, I don't know about annuities. They've got fees or whatever. We can walk you through all of that. A lot of some annuities don't even have fees. All their, you know, like the SPDR Energy Choice Bonus ten. They're they're taking 25% of the growth that comes from the Q-q-q. You get 75%, but there are no fees that come with it and there's no downside risk. Let me ask you a question. How'd you like to get 75% of the growth of the Invesco Q-q-q, which is one of the highest flying indexes over the last 10 to 15, 20 years? That closely follows the Nasdaq 100. How'd you like to get that without any financial downside risk. That's something that sounds appealing to me.

Speaker4:
Yeah, absolutely. And I'll just say for that, you know, we look at new products from annuity carriers and insurance companies all the time to help determine, is this going to be suitable for a client here at Active Wealth Management? Is this going to be suitable or even a good option for somebody who gives us a call off the radio show here, retirement results. And you know, for we're looking at a product option that's coming up just before we sat down to do the show today. And we're looking over it with a critical eye, figuring out what the indexing options are, how good is this product over a period of five, ten, 20 years and longer? Because when you're retiring and you're investing in one of these vehicles, you want them to be able to pay you that income for the rest of your life. And so one thing that I would just recommend to anyone out there considering investing in annuity with us or with anyone else out there, make sure that you're working with a highly rated carrier, either excellent or higher. A minus or above would be a really good idea. And you mentioned Ford, that a lot of people are choosing annuities. In fact, for the first time, total quarterly annuity sales surpassed $100 billion in all four quarters of the year. That was in 2024. We've had three consecutive years of record high annuity sales. Over the last three full years, 1.1 trillion has been invested into annuities by baby boomers and and retirees who are entering retirement. So there's a lot of folks out there that are looking to get to the guarantees, not with their entire portfolio, but with a portion that can help them, you know, between their other income sources like Social Security or pensions, make sure that that income is guaranteed in retirement.

Speaker3:
Yeah, it's they're great vehicles. We like investing 20 to 40% of our clients assets into fixed indexed annuities. We do it as a bond replacement. But and we try to make sure that our clients are not taking a lot of risk with bonds because there's reinvestment risk and interest rate risk, as we saw. I mean, so many people saw the value of their bonds erode over the four years that Biden was in office, because the interest rates were increasing and people were holding bonds in 2018, 2017, 2019. And the higher interest rate bonds were more attractive. So therefore they had to discount their bonds and therefore they lost actual value and market value on the bonds. And most of the times we've ever seen bond replacement does equal investing in fixed indexed annuities. And it lets you get market like gains without market risk. It also protects your hard earned and hard saved assets could generate a consistent income for retirement. If that's something of interest to you to make sure you've got the mailbox money to cover your monthly expenses. And also it eliminates any advisory fees because there's no advisory portfolio fees with fixed index annuities because advisors can't double dip. We never would anyway. We're here to make sure that we put your needs first. And a lot of people ask me, hey, how did annuities work? Well, annuities are contracts with insurance companies, which are highly regulated businesses.

Speaker3:
The insurance company owns the annuity and is responsible for providing the payouts. The annuitant, or the person who takes the contract out, pays the premiums and is responsible for paying any taxes due from regular payments. The beneficiary is the person who receives the payout. If the annuitant dies and the financial strength of the insurance company you choose to work with is very important. You might even say it's crucial. So you can be sure that annuity payments will be made as its agreed upon and with your annuity contract. Here's how they work. Annuities are regulated by the states. They're not regulated by the federal government. The states have to balance their budgets so they require 100% of the money that is invested in a fixed index. Annuities from the annuities are invested in safe products like the ten year US Treasury. Then they take the interest that's generated off the ten year US Treasury, and they invest in options in all kinds of different indexes, like the BNP Paribas Global Index with nationwide or the Credit Suisse Momentum Index with, um, a couple of other products. And Nationwide's got uses that index as well. Or you've got the S&P 500 or the Nasdaq 100, or the Russell 2000 or Wilshire 5000, all kinds of different indices that market link your premium that you paid in to the growth of that product and the growth of that index, a speed.

Speaker3:
As an example, if you invest in the SPDR Synergy Choice Bonus ten, you're going to get 75% of the growth of that product, and they're going to take 25% of the growth, but they guarantee your. Premium 100%. So you're not going to lose any value. So how would you like to get 75% of the growth on the Invesco Q-q-q without any downside risk? Now you're not going to fly to the highest at 100%, but you're also not going to get any of the downside that you're going to see out there. We think that's a really big deal, and we think this is a really great way to go through retirement with a lot of peace of mind. We've got a lot of people that are investing 40 to 50% of their assets into different fixed index annuities to guarantee their income, so they don't have to watch the stock ticker. And when we come back from the break, we're going to talk about how annuities provide a guaranteed income stream for life and why today's annuities are different. And we'll give you an annuity checklist that Sam and I will provide for retirees and pre-retirees. Come right back. You're listening to retirement Results right here on Am970, The Answer and WGN.

Speaker2:
We'll be back in just a moment to continue helping you navigate your financial journey. Stay tuned for more retirement results.

Speaker1:
Talks about fixed annuities, including multiyear guaranteed rate annuities, are not designed for short term investments and may be subject to restrictions, fees and surrender charges as described in the annuity contract. Guarantees are backed by the financial strength and claims paying ability of the issuer.

Speaker2:
Visit retirement results.com. To schedule your free, no obligation consultation today. Now back to the show.

Speaker3:
Welcome back. Result drivers to Retirement Results is a special edition of retirement results is the Memorial Day weekend edition of Retirement results. Again everybody be safe out there. Have a great Memorial Day weekend. We're so glad you can spend a little bit of it with us. And if you're listening to us on our podcast and you're listening to us After Memorial Day weekend, you're still going to get great information. We're not just talking about Memorial Day weekend. We're talking about how you can prepare for retirement and really safeguard your retirement. And Sam, we just came back from a break. We were just talking about how annuities work and how they have to do a 100% financial reserve of your money into the ten year US Treasury, whereas I'm going to give you another piece of new information that we weren't talking about in the last segment. Bank CDs only require up to 10% financial reserve requirement in deposits. I will say this I would much rather invest in a 100% financial reserve product than just a 10% financial reserve product. And if you feel like you know what, I could get a better rate of return. Or I want to get a better rate of return than what I'm putting my money in with bank CDs, then I'd encourage you to reach out to us at retirement. Com forward slash plan. That's retirement. Com forward slash plan. You'll also get a free e-book copy of my new book, The Smart Retirement Plan. Absolutely at no cost to you. We'll email it to you right away. Just give your name, email and phone. Click that submit button and we'll email it to you right away. Now, Sam, let's go ahead and talk about how do annuities provide a guaranteed stream of income for life. Why don't you take this one?

Speaker4:
Yeah, absolutely. So this is through a process called annuitization. So you make the investment into annuity. Often you're able to get a bonus if that's something that you select. You select a product with a bonus or with that option. And then there's often a benefit to deferring as well. Just like how you get a benefit deferring taking your Social Security income, you know, that is a form of an annuity. And annuities work the same way. So if you defer, you're likely going to have some benefits there. But once you annuitize or start to convert that sum of money invested into a regular series of payments that will last the rest of your life. And if you select a joint option for the rest of your spouse's life as well, which can provide a lot of security for folks who want to make sure that it's not just them that's protected with their retirement, but also their spouse as well. And in many cases, uh, you know, the females are going to outlive the males by a good bit. And so this is a great way to make sure that that income is going to guaranteed come back into the household. And and that's really how they provide that guaranteed income stream for life. I mean, there aren't many guarantees out there when it comes to retirement planning. This is one of the few out there, and that's one of the reasons why we recommend it for folks who are, you know, getting closer to retirement or entering retirement, and they're seeing their risk tolerance go down. You know, if you think about the rule of 100, take 100 and subtract your age. That's the resulting number is an approximate percentage that you should have at risk in the market or invested in equities, you know, so if you have a bit too much in the market later on in your career, you may want to take a look at your level of risk and see what you could do better.

Speaker3:
Yeah, I mean, listen, when you're when you're working, you're accumulating, right? You're accumulating money. So you can then hopefully live off of it later when you retire, you're accumulating. You're you're in the decumulation phase and you're trying to actually distribute money. Sam, as you've talked about on on last week's show, you don't want to do the same strategy that you use for accumulating money when you're accumulating money, because I'll give you an example, like if you're taking too much risk and you've got serious market loss, like came in mid-April, but it's bounced back since. But let's say you had to take a lot of income in mid to late April, compounded with all of the serious market downturn. If you're in a typical accumulation portfolio, that's like 60 or 80% securities and 10% or 20% or 40% bonds, then that's a real double witching effect where you you're not your portfolio is not going to come back because you also you withdraw and you liquidated some of those assets that could have rebounded. And so you need to make sure you're doing something very different with the income portion of your portfolio. And you should replace the bonds in your portfolio. We see all the time that fixed index annuities generally, I've never seen it where the bond portfolio outperforms the fixed index annuity portfolio. And so I would encourage you to consider a fixed index annuity for sure. And also we get this question a lot Sam. Like why are today's annuities different than annuities have really evolved over time. And right now there's over 11,000 people turning 65 every day between now and 2030.

Speaker3:
And those annuity companies are competing for those dollars, for those retiree dollars, those baby boomer dollars. And they become more flexible and they address the changing retirement needs. I mean, some of them have home healthcare doublers that have that double the income from the annuity. If you can't meet two of six activities of daily living, they call ADLs. That's a really interesting one. And there's no medicals for that either. If you're interested in a product like that, I would encourage you to reach out to us at retirement. Com forward slash plan. Also get either my annuity 360 book. You can get a hard copy. Come in and meet with us absolutely free at no cost to you. We've got a bunch around the office. And then we also have the book The Smart Retirement Plan. And I'm super excited. I think in the next week, my audio book is going to be launched on audible and with Amazon. Super excited about having my audio book. It's going to be two hours and it's almost right at three hours of a listen. So if you don't want to read the book, you can also listen to it. Just reach out to us at Retirement Plan. We'll get you going with a free e-book as well. Sam, let's go ahead and start the annuity checklist for retirees and pre-retirees. And and let's talk through kind of what are the things people really need to be thinking about? I want to be as specific as I can on this show to give people real information they can take action on.

Speaker4:
Yeah, absolutely. So whether you're considering an annuity currently or maybe you own one currently, you know, take advantage of an annuity x ray here with the fiduciaries at retirement Results and active wealth Management. We will take a look at your policy. Take a look at that contract that you've signed with the insurance company. See if there are any better options for you. Maybe that product is out of surrender and you could replace it with something more suitable because like you just said, for today's annuities are different. There's a variety of indexing options and some great features for people to take advantage of. So here's that checklist. Number one, uh, guaranteed income stream. You know, would you be able to use guaranteed income in retirement? I imagine you would like that. Um, you know, figure out what your income needs in retirement are. That'll help you determine what you need your annuity to do for you. You know, you're going to have a percentage of your retirement income is going to come from Social Security. Another percentage may come from a pension. If you're one of the lucky few out there in America today that has a pension. The rest may come from withdrawals. But often for what we see when we're running retirement plans for people is that most people do have a retirement income gap and a percentage of their monthly expenses in retirement, that they don't have a plan for how they're going to generate that income in retirement. So step one is really take a look at, you know, what an annuity can do for you as far as a guaranteed income stream and how much income you will need it to generate for you every year.

Speaker3:
Yeah. Also, when you mentioned the the pension, a vast majority of the time when people come in for a pension, x ray or an annuity x ray, we actually find it that it's better for them to take the lump sum of the pension so they can get a bonus of between 1520, even up as high as 27% 15% with the Aspida Synergy Choice bonus 1,020% into the income account, with the nationwide peak ten and 27% with the North American Charter plus 14. Those three products will give you those bonuses, and you start out higher than what you would have been had you just kept the annuity. So let's try that. And then also the types of annuities you really ought to look at a fixed index annuity. We try to avoid variable annuities because variable annuities come up with high fees. And they're also at risk in the market. So we try not to spend a lot of time on those. Um, you might need a spia if you want to get immediate income. So we can help you understand that not all annuities are the same, so we can help you with that.

Speaker3:
And also, Sam, we always talk to people about being aware of fees and charges. So, you know, making sure you keep the fees down there. Also, there's no advisory fees or portfolio fees, like we said, with fixed index annuities. And you want to watch any charges like a rider fee or even a par rate or participation rate or a spread rate. You want to make sure you understand all the things that are coming to you, but a spread rate only happens when you have growth. A fee happens every year. So let's be careful about all those and we come back from the break. We're going to go into segment four. We're going to continue on our annuity checklist for retirees and pre-retirees. And also we're going to talk about how to protect your retirement from market volatility how to maintain a balanced approach. And also aren't you looking for a way to secure your gains I think you're gonna like this one. Come right back. You're listening to retirement results on Am 912 the answer and WD uhn.

Speaker2:
Hang tight. We'll be right back to continue helping you navigate today's financial landscape. Stay tuned for more of retirement results.

Speaker7:
Sometimes the snow comes down in June. Sometimes the sun goes round the moon.

Speaker3:
When it comes to your family's financial future, peace of mind is everything, and Nationwide's peak ten fixed index annuity can help with the nationwide peak. Ten you'll benefit from joint income options to help you provide lifetime income for both you and your spouse, a death benefit to provide more security for your loved ones, and protection for your principal so your initial investment is safe from market downturns. Plus, you can receive an immediate 20% bonus added to the income benefit base when you choose the lifetime Bonus plus income rider for an additional cost. Call us now at (770) 685-1777, or visit wealth.com to connect with an advisor and learn how peak ten can help you protect the ones you love.

Speaker2:
Investment advisory services offered through Brookstone Capital Management, LLC, a registered investment advisor. Guarantees and protections referenced are subject to the claims paying ability of nationwide life and annuity insurance company. Nationwide peak ten is issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Neither nationwide nor its other entities are associated or affiliated with Active Wealth Management.

Speaker1:
Any bonuses mentioned may be subject to additional restrictions and regulations based on the offering annuity company. You may not receive the bonuses if the contract is fully surrendered, or if traditional annuity payments are taken, and if the policy is partially surrendered, it could result in a partial loss of bonuses. Because these are bonus annuities, they may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don't offer a bonus feature.

Speaker2:
Miss. Part of today's show retirement results is available wherever you listen to podcasts and online at retirement Results.com.

Speaker3:
And welcome back result drivers to segment four of this special edition of Retirement Results. It's a memorial day weekend edition. We hope everybody has a great time on Memorial Day weekend. Please stay safe out there. We're all praying for you guys. Make sure everybody stays safe and avoid any accidents on the lake or at the beach or anything like that. It's just or even traveling down to the lake or the beach. So let's be careful out there. And um, we're talking about the annuity checklist, um, for retirees and pre-retirees. We're also going to dive into how to protect your retirement from market volatility, how you can maintain that balanced approach and securing your gains. I think a lot of you are interested in securing your gains. So let's keep going on this checklist first.

Speaker4:
Yeah. So just to recap for the folks. Number one guaranteed income stream. Figure out what your income needs are in retirement. That will help you figure out what you would need your annuity to do for you. Uh, number two is the types of annuities. Understand that not all annuities are the same. Some are better for income, some are better for growth, and some we would recommend that you not invest in at all. So definitely reach out to us. Talk to a professional if you're considering an annuity. Number three. Fees and charges. Just be aware of all the fees and charges. Some annuities are better than others when it comes to that. You want to make sure that you're in something that's suitable for you. And then continuing our list forward with tax implications, you'll want to understand, you know, the annuity payments that you receive. How is that going to affect your overall tax situation. And often if we're investing in annuity with funds that are coming from a qualified rollover, maybe from an IRA or a 401 K or some other qualified account, the annuity payments in retirement are going to be taxed in a similar way. You can also invest in an annuity with your Roth account, and therefore the payments that you would receive would be tax free. So understand the tax implications depending on how you choose to invest. And for this one is a big one and something I make sure that people are always checking and make sure that we are looking at when we're recommending products. And that's the financial strength of the insurance company.

Speaker3:
Yeah. You want to make sure that they're a minus rated or B plus and above. Um, our errors and omissions, um, they do not allow us to write any B rated carriers. They won't cover it. So you shouldn't be investing in B rated carriers either. So we invest mainly in A minus A and A+ rated insurance carriers that that sell fixed indexed annuities and indexed universal life insurance policies. That's what we do. So I want to make sure that you guys are doing the same.

Speaker4:
Yeah. And step six and the final step on our checklist is just seek professional advice. You know when it comes to your taxes, we recommend you talk with a tax professional when it comes to, you know, working with your will or establishing a trust. We recommend you work with a licensed estate attorney. And when it comes to your finances, we recommend working with a financial pro, work with a fiduciary and a licensed advisor who can make sure that your needs are the needs that are put first, not the needs of the big business, not the needs of the other advisor. It's themselves.

Speaker3:
Yeah. For sure. You just need to make sure that even though it's a commissioned event, when someone sells you a fixed indexed annuity, you want to make sure that you're working with a fiduciary that's got to put your needs ahead of their own. Um, so let's make sure you do that. Um, that's a really good way to start. And the way to do that is just reach out to us at retirement results.com. Go to retirement Results.com. Click that schedule a consultation button in the upper right corner and we'll get started right away.

Speaker4:
Yeah. And we want to spend just a minute before talking about how this can help you protect your retirement from volatility. I mean, indexed annuities, fixed indexed annuities specifically really give you the opportunity to invest in the stock market with principal protection.

Speaker3:
All right. Also, you know, you want to inspect what you expect about fees within your portfolio too. And if you can if I gave you a chance to delete 40 to 50% 80% of the advisory and portfolio fees you're paying each and every year. Would you take advantage of that? I bet you would. So I'd encourage you to go ahead and try to give us a call at (770) 685-1777 to figure out how you can delete 40 to 50% of the fees you pay on your advisory portfolio with your advisory portfolio fees, by just implementing a fixed index annuity bond replacement with us, with retirement results, and with active wealth management. Here's how to find hidden fees and expenses in your portfolio. You want to get like a morningstar report or a quantity report, so you can understand the expense ratio within your portfolio. Then the next thing you want to do is try to get a really understanding. A lot of people don't understand how much their advisor's actually charging them an advisory and portfolio fees. You need to ask that question and then also come in and get a second opinion and talk with us at Active Wealth Management, Where were the advisors with active wealth management? I would encourage you to really understand the importance of identifying your fees and your expense ratio, but specifically the advisory and portfolio fees that you've got. You've got investment management fees paid to professionals who manage investments. You've got operating fees used for everyday fund administrations, you've got sales charges.

Speaker3:
Some funds come with a one time sales charges, known as loads. When you buy or sell shares, these charges can range from 3 to 6% and in some cases as high as 9%. You've also got expense ratios that we've talked about before, a bundled representation of your fees that cover both management and operating costs. These usually come from mutual funds, but for actively managed funds, expense ratios can be as high as 2% or more, while passively managed index funds and ETFs usually have ratios right around 0.25%. So listen, if you're in that retirement red zone. It's either five years before retirement or five years after retirement, or you're just retired and you want to get a better idea of how to maximize your income, how to really outpace those expenses in retirement, really enjoy retirement even more. Want to be able to help out your family? You want to be able to travel more, things like that. Go ahead and reach out to us at retirement results. Com forward slash plan and put your information in and we will get started right away on helping you build that successful retirement to help you protect and grow your hard earned and hard saved. Well, all right, we just got a few minutes left in this show, and I want to make sure we get to the final countdown too. So we also talked about we have a new product that's been made available to us from Delaware Life.

Speaker3:
Delaware Life is an A minus rated carrier according to Am Best and Standard and Poor's. Um, they also help you leverage the power from the previous year's earnings into the next year, which is a really cool feature. And if you've got questions about that, I'd encourage you to reach out to us at retirement results.com. And click that schedule a consultation button in the upper right corner. The product is called the Delaware Life Momentum that offers a 13% bonus. It goes into the account value. It's an accumulation product. This render charge goes away over ten years, goes down 1% a year over ten years. They're offering a 50% participation rate in the Nasdaq 100, and they're offering a 45% participation rate in the S&P 500, with zero opportunity for any financial market risk. And it's great for greater leverage for folks with a 401 K looking to generate greater income. You want to do a rollover into that. If you want that 400 1KX ray and that 4k review. I encourage you to reach out to us at retirement Results.com. We're happy to help there. But imagine getting a 13% bonus on a portion of your 4k when you're rolling it out, and then also getting 50% of how the Nasdaq 100 does. And it's just come out from Delaware life. If you got questions about that, you want to see a Delaware Life illustration. We'll do a customized illustration just for you.

Speaker8:
It's the final countdown.

Speaker2:
So let's recap what you may have missed. It's the final countdown.

Speaker8:
The final countdown.

Speaker3:
So today's show. We thanked all the great men and women of our armed forces and all the veterans out there, and especially the families, for the people that gave the ultimate sacrifice and died fighting for our country. Thank you, thank you, thank you. Also, please be safe out there on Memorial Day weekend. Have a great time, but be safe out there. We talked about how to prepare for retirement, how to make sure you're on a path for success. We answered a lot of questions about annuities. We also helped you declare victory and protection for your retirement, and taught you how to safeguard your hard earned savings, at least for the income portion of your portfolio by replacing the bonds and putting those into fixed index annuities. And we also talked in depth about how to delete fees from your portfolios. If you've got more questions and say, hey, I want to talk more about these fixed indexed annuities. I want to learn more. I want to learn about how I can get up to between 13% all the way to 27% bonus on my money with a fixed index annuity. I would encourage you to reach out to us at retirement. Com forward slash plan. Put your information in or call us at (770) 685-1777. Have a happy and safe Memorial Day weekend, everybody. We'll talk to you next week.

Speaker2:
Thanks for listening to retirement results. You deserve to work with an independent team of fiduciary advisors that will strategically work to protect and grow your hard earned assets. To schedule your complimentary financial consultation, call us now at (770) 685-1777. That's (770) 685-1777 to connect with a qualified advisor. To learn more about our mission and our team, visit retirement Results.com. Investment advisory services offered through Brookstone Capital Management, LLC, a registered investment advisor and Active wealth Management are independent of each other. Insurance products and services are not offered through BCM, but are offered and sold through individually licensed and appointed agents. Investments involve risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results.

Speaker1:
Registered investment advisors and investment advisor representatives act as fiduciaries for all of our investment management clients. We have an obligation to act in the best interest of our clients and to make full disclosures of any conflicts of interest. Please refer to our firm brochure, the Adv2 item for for additional information. Hi, this is Matt McClure, senior financial advisor with retirement results. You've saved your whole life so you wouldn't have to worry about your money when you retired. But you worry more now than ever. You've been a good saver. You have 500,000, maybe $1 million or even more. You should feel confident, but you don't. You're worried a big loss will wipe you out. You saved so you could spend during retirement, but you don't. You're worried you'll run out of money. You want to retire, but you don't. You're worried you don't have enough. Does any of this sound familiar? Well, it should, because we hear these things all the time from people just like you who are preparing for retirement or even already retired. So why do you worry so much? It's because you don't have an actual plan in writing. Nothing to guide you through retirement. Retirement results helps people just like you. You'll get a free, customized written retirement plan. That's right, free and no obligation. Schedule your meeting now at retirement Results.com. That's retirement.

Speaker2:
Investment advisory services offered through Brookstone Capital Management LLC, a registered investment advisor. Get started on your free portfolio analysis and financial plan right now by visiting Retirement Results.

Speaker4:
And welcome to the Retirement Results bonus segment for all of our listeners on w n in Gainesville. Up and around the lake and all of our listeners on our podcast feed. If you're hearing this on, you can actually listen to retirement results on demand wherever you listen to podcasts. We'd love to have you subscribe and reach out to us. We love hearing from our listeners. And for during a time like this, it's important that people are diversified in their portfolio, not just with their holdings, but with their income streams as well. And so for this bonus segment today, we're going to talk a little bit about how you can improve your income potential in retirement with multiple income streams.

Speaker3:
Yeah, I'm excited about this bonus segment. And I think it's going to be a great one to be to place on our Retirement Results YouTube channel. So make sure everybody checks out the Retirement Results YouTube channel as well. Uh, the first one is Social Security. It provides a monthly income to eligible retirees in the United States. You've got to have 40 credits. Um, you got to work over ten years, um, or have credits where you're making enough money. That equals the 40 credits. Uh, Social Security benefits are based on your earnings history at and the age at which you start receiving benefits as a registered social security analyst. Um, I'm just really passionate about helping people maximize their Social Security income benefit. Because you paid in for years. You deserve to get the money back out. Delaying Social Security benefits can increase your monthly payments. It's actually going to go up 8% per year. You wait after your full retirement age of 67. And by the way, if you're born after 1967, um, by the way, if you're born after 1960, congratulations, your retirement age is 67. If you were born before that, it's like 66 in a few months. According to the Social Security Administration, Social security benefits make up about 33% of the income of the elderly population in the United States, and that is growing. So we need a good job at maximizing that Social Security income benefit for you.

Speaker4:
Yeah. The next income stream in addition to Social Security is pensions. If you're lucky enough to have one. Pensions are an employer sponsored retirement tool that provides you with an income for life. And like I said, they're becoming less common. With many employers shifting to 401 K plans. We've seen that largely over the last 40 years, that employers don't want the burden of having to pay out income for life to all their employees. They would rather have it be self-managed. So pensions we don't see too often for it. If you do have a pension, you're out there listening. Understand the terms and options for receiving payments. You may be able to take a lump sum on the entire pension, or maybe even part of the pension. That can be a useful tool. Sometimes you can actually diversify with your own personal pension with a highly rated insurance carrier, And in fact, according to the Bureau of Labor Statistics, only about 16% of private industry workers had access to traditional pension plans. That was in 2019. I expect that number has dropped significantly since then. So if you have pensions, you're a lucky one. If you don't, you may need to look into a personal pension.

Speaker3:
And also if you've got a pension, I would encourage you to reach out to us so you can get that pension x ray. We're happy to help you check that out. Um, there's a great way to get an understanding of like, hey, wait a second, I could actually get 20 or 27% bonus on the money that I put into a fixed indexed annuity. Those pensions are implemented from employers. Those are single premium immediate annuities. They are not market linked. So you won't get market like gains. You're going to just stay flat throughout the time. And also there'll be no contract value or account value to pass on to your heirs. If you take the lump sum, you're going to have, um, an actual account value that you can pass on to your heirs if the actual growth rate outpaces the withdrawal rate. And we have annuities where that is set up to do exactly that. So I'd encourage you to go and reach out to us if you want to get 20 to 27% on your pension money in a lump sum immediately, and get a larger pension just by taking the lump sum, reach out to us at Retirement Comm. Click that schedule a consultation button in the upper right corner. We'll get started right away.

Speaker4:
Yeah. So if you want to learn more, that's our next income stream and a personal pension established through a fixed indexed annuity. These are essentially contracts with life insurance companies. And here at Retirement Results we only work with highly rated insurance companies. Annuities can be purchased from these insurance companies with various payout options. They can provide contractually guaranteed income for the rest of your life, no matter if you live to be 90 or 9100 or 110. Those checks keep on coming. According to the Insured Retirement Institute, investors invested $241.7 billion in annuities in 2020 alone. And that is remarkable for a lot of people are looking for guaranteed income. They're looking to supplement their Social Security with another income stream.

Speaker3:
Annuities. Plus, Social Security is a great way to get all of your income that you need on a monthly basis for retirement all the way done, where that you can let the rest of the portfolio grow. So that's something that I would encourage you to do. Also, it's going to make it where you don't watch the stock ticker as much as well.

Speaker4:
And if you have any questions about how to better diversify your plan for retirement, not just diversifying your assets, but diversify your income streams as well, make sure you have multiple streams of income in retirement. We'd love to help you here at Retirement Results. Just visit retirement. Com to get in touch with us and get started. Or give us a call today at (770) 685-1777. That's (770) 685-1777. We're located just down the road. Our headquarters is in Alpharetta, Georgia, and for nine, we'd love to meet with you.

Speaker2:
Thanks for listening to retirement results. Schedule your complimentary financial consultation now at retirement Results.com. Are you concerned about rising taxes and how that could affect you and your family during retirement? If you have an IRA balance over $400,000, you could save six figures in retirement taxes that you would be paying during a 35 year retirement. Find out how much you could save today by scheduling your no obligation Roth conversion consultation with Fort Stokes of retirement results. Learn more and schedule an appointment at retirement Results.com. Investment advisory services offered through Brookstone Capital Management LLC, a registered investment advisor. Visit retirement.com for more information.

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