Fixed Index Annuities: Should I Bonus or No Bonus for My Retirement Plan?

Fixed Index Annuities are a tricky topic, and deciding for or against a bonus can be even trickier for your retirement planning. Is a bonus better for the long run, or is it better to say no to the bonus and go in a different direction? Well, what about the possible 10% return?! In this video, Troy Sharpe discusses Fixed Index Annuities, their bonuses, common sales pitches, and their impact on your retirement planning.
01:05 The FIA and Salesmen
01:25 Why We Do What We Do
02:00 Common Annuity Questions
03:10 The Benefits of the Fixed Index Annuity
03:40 FIAs are NOT a Replacement!
05:36 When The Market Goes Down
06:25 The Popular Sales Pitch
07:55 Bonus Vs No Bonus
09:15 Performance of The Market
10:46 What Do You Think? Comment Below!
13:02 New Money Method
14:00 Sofr Rate Curve
15:19 I’d Go for No Bonus
16:55 Have a Plan!
20:53 Reach out To Us
21:24 7-10 Year Gov Treasury
23:00 Don’t be a Doctor
24:15 Do the Math!
24:30 Simple Way to Do the Math
24:57 Exit Fee Schedules
25:56 Current Interest Rate Environment
27:04 Watch the Basics of FIAs!
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Disclaimer:
This video discusses fixed-income investing and utilizes the 10-year U.S. treasury as a general representative fixed-income investment. Conclusions reached, opinions stated, and downside risks and potential returns presented should not be construed as applying to other types of bonds or fixed-income assets. Other types of fixed-income products carry different levels of risk and return potential and should be evaluated as an element of a diversified portfolio with your specific risk tolerance, investment objectives, and timeline in mind. Nothing in this video is investment advice, an investment recommendation, or an offer to buy or sell any security. Investing involves risk.
#retirementplanning #socialsecurity #annuities #retirementincome #fixedindexannuities #annuityinvestment #annuity #retirementscenarios #retirementincomeplanning #retirement

[@amyyates8273]

I’ve followed your channel for over a year and this is one of the most helpful videos I’ve seen. Thank you so much for providing more clarity around these products!

[@bluecollarbudgets]

Great video as always!

[@marshallhosel1247]

Thanks for the video. 👍🏻

[@markianhawryluk3664]

Love all these FIA videos. Would love to see an explanation of when you should purchase one of these annuities. Should it be years before your retire? At retirement? Etc.

[@melblacke5726]

This was quite educational......thank you!

[@OakHarvestFinancialGroup]

You're welcome @melblacke5726, glad it was helpful!

[@rapidsk8]

great info.

[@OakHarvestFinancialGroup]

Thanks @rapidsk8, we're glad it was helpful!

[@DS-xl1ro]

My understanding is that there is that there a higher commission to sell the annuity with he added bonus.

[@rick_vv7754]

It is interesting to hear people's opposition to annuities. Those that do not have a pension usually wish they did and most people really like social security. Fixed annuities (not FIAs) are like a pension and can be a good way to protect against longevity.

[@jus10_mar10]

I’d only like a pension if it were in addition to a 401k-type option (like my previous job). And you’re right that most people like SS, but they shouldn’t. Terrible rate of return on those funds sadly.

[@marantz747]

Nationwide last 3 years JP Morgan Mozaic 2 = ZERO

[@OakHarvestFinancialGroup]

Hey @marantz747, thanks for watching!