Not the most "hype" topic, but essential. Sorry not sorry.
Amy Kniseley
![Amy Kniseley]()
Amy Kniseley
????Partner to RIA's. Wealth management advice fused with risk managment advice ?? is the HIGHEST??? quality advice.??? The marketplace is crowded and differentiation is key! Let's talk. Distribution expert! Mom of 4!??
??Don't care what the haters say..... Annuities are a type of financial product that can play a crucial role in diversifying and stabilizing investment portfolios-for certain clients. Don't believe me just watch (*in my best Bruno Mars voice*). Here are four (there are many more!) reasons why I believe annuities are important in portfolios:
- ? Guaranteed income stream: Annuities provide a guaranteed income stream, which can be particularly important in retirement when individuals may no longer have a regular paycheck. Annuities can be structured to provide a fixed income for a set period or for the rest of an individual's life, helping to ensure financial stability and peace of mind. ??
- ?? Protection against market volatility: Annuities can be used to help mitigate the impact of market volatility on a portfolio. Fixed annuities offer a guaranteed rate of return, while variable annuities offer investment options with the potential for higher returns. However, with variable annuities, investors should be aware of the fees and expenses associated with the product. Different strokes for different folks! ??
- ??Tax-deferred growth: Annuities can also offer tax-deferred growth, meaning that the income earned from the annuity is not subject to taxes until it is withdrawn. This can be particularly beneficial for individuals who are in a higher tax bracket and looking for ways to minimize their tax liability. ????
- ????????Estate planning: Finally, annuities can be used as part of an overall estate planning strategy. By designating a beneficiary, the annuity can pass directly to heirs without going through probate, potentially saving time and money. ?
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To summarize, for the right client- annuities can play an important role in diversifying and stabilizing investment portfolios for the reasons I listed above.
??Trusty disclaimer right here.....**As with any financial product, it's important to carefully consider the costs and benefits before making a decision.**
National Account Manager, Highland Capital Brokerage
2 å¹´"Different strokes for different folks!" There are options when it comes to annuities, depending on your client's goal. Great article, Amy Kniseley!!
Member at Forbes Finance Council | The MOST Connected Person in Life Insurance & Annuities | Relationship-Builder | Annuity Expert | Life Insurance Expert | Distribution Pro | Strategy Diva | Competitive Intel Guru
2 å¹´Annuities are GREAT for ensuring your essential expenses are covered in retirement! GREAT article, Amy Kniseley! Jason Kestler- give this lady a gold star! ?? sjm
Managing Director - Southeast Region| Juris Doctor| Thought Leader| High-Net-Worth Strategy & Tax Discussion Lover| CERTIFIED FINANCIAL PLANNER?
2 å¹´Great job! I just posted one I wrote on advisory annuities for RIAs.