What do you want your money contractually to do for you? Many investors and savers envision their money buying them things or sustaining a certain lifestyle in order to be happy in retirement. But there are so few guarantees in life, especially when events outside your control can turn your dreams into a nightmare. If we learned anything from the market meltdown and housing debacle of 2008, it is not to trust the financial axioms of the past as ongoing paradigms of the future. That’s where annuities can play a significant role in your money thinking. You can’t fund your future exclusively on assets that are exposed to risk. You need financial products that contractually guarantee what you want your money to do. When your 401k Plan was decimated in 2008 by 30% to 40%, five year-fixed rate annuities were around 5%. Today five year-fixed rate annuities are around 3% with a current market as hot as it was back in 2008. Most people want some portion of their portfolio contractually guaranteed so they can still buy the things they want and/or sustain a comfortable lifestyle. When do you want those contractual guarantees to start? Many investors and savers have   Read more…