Simple Retirement Plans: How to create a retirement like those in the 1950s through 1980s

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  • Опубликовано: 13 сен 2024
  • What happened to the simple retirement plans from a generation ago? Retiring in the 1960s meant a pension and a relatively stress free financial life. Today we are creating complex retirement plans and financial stress is high. In this show, we talk about how it is possible to go back to "the good old days" of retirement and question why we don't do so.
    Dolphin Financial Radio is a fun and informative podcast on retirement planning issues. This is not financial advice. Please seek professional guidance before implementing these ideas or strategies:
    www.dolphinfinancialgroup.com
    Investment advisory services offered through Dolphin Wealth Management Inc., a Registered Investment Advisor in the state of Florida. Insurance products and services are offered through Dolphin Insurance Inc., Dolphin Wealth Management Inc, and Dolphin Insurance Inc. are affiliated companies doing business as Dolphin Financial Group.
    For more information on this podcast:
    www.dolphinfin...

Комментарии • 12

  • @paulc1352
    @paulc1352 2 месяца назад +3

    The best thing about annuities is it's an income stream guaranteed for life and risk is transferred to the insurance company. Some people love them, and others hate them. It is what it is !

  • @josephjuno9555
    @josephjuno9555 2 месяца назад +1

    I have been thinking about This exact Thing! I have a Pension, will get Soc Sec and migbt get. MYGA +or SPIA Annuity for 3 stable streams and have my IRA As well!

  • @Patrick-iq1do
    @Patrick-iq1do 2 месяца назад +1

    I have a federal employee pension, Social Security, and six Single Premium Immediate Annuities (with Cash Refunds if I die early). I'm taking the "extra" income and investing in the S&P.

  • @4403323
    @4403323 2 месяца назад

    The plans are still good but not simple anymore.

  • @danklein8587
    @danklein8587 2 месяца назад

    You Lose control of Your money when you buy an annuity. Guaranteed. Case Closed. P.S. Have you discussed the Scumbag annuity sales people promoting annuities with 20 percent bonuses for Seven years ? A local infomercial promotes this scam.

  • @g.ajemian4968
    @g.ajemian4968 2 месяца назад +3

    Insurance companies are safer than banks. They cannot issue you in annuity unless they have the money already set aside. It’s all regulated.

    • @FIRED13
      @FIRED13 2 месяца назад +3

      Has insurance companies and annuities failed before?

    • @danklein8587
      @danklein8587 2 месяца назад

      @@FIRED13 Annuities are a Ponzi scheme.

  • @richardbudzic6289
    @richardbudzic6289 2 месяца назад +3

    Insurance companies cannot be trusted. Instead of annuity try investing in dividend stocks, CD's or bonds

    • @danklein8587
      @danklein8587 2 месяца назад +1

      Absolutely. Run away from annuity sales people asap and if your FP keeps pushing them take your money somewhere else. I invest myself. No FP needed and I am happily retired. And My Stool is a Bench that has 8 legs. Its a lot more Stable -:)