Quick Hits: Puppets | 2 Pandemics | BlackRock Annuities

April 29, 2022

Nothing can distract the American public from Skyrocketing inflation, possible world war, US economy is shrinking, 80 Billion dollars was hacked from the government…

…WAIT! Elon Musk is buying Twitter?! No way!?

Anyone else feel like a puppet on a string?

Your prospective clients do.

I digress.

One of our top advisors said this quote the other day and it stuck with me:

Frustration + Action = Growth

Translation for myself: “Frustration is a good thing, as long as you do something with it!”

Let’s take some action together today.

Here are your Quick Hits:

Black Rock – 2nd largest money manager in the world has an article showing why an FIA offers greater upside when suitably funded. This is financial professional use only FYI.
“Incorporating an FIA with an underlying volatility-controlled index can help provide more certainty around future portfolio values.”

63% of non-retirees fear running out of money more than death, versus 46% of retired respondents
68% of pre-retirees feel confident about being able to financially support their future goals, down from 75% in 2021
42% of retirees said they retired earlier than expected, down from 68% in 2021; fewer did so due to healthcare issues (26% down from 33% in 2021) or unexpected job loss (15% down from 22% in 2021)
54% of non-retirees admitted to spending too much money on non-necessities during the pandemic

Solid article that is pro-annuity.
“People are worn out. They are trying to make it through the stress of the pandemic, a continually volatile market and record inflation. And, for many who are years from retirement, they have decades of work ahead of them.”
“Don’t be seduced by a potentially huge upside. If you’re feeling behind, you may want to protect the money that you are investing.”

Quote of the week: Leadership

A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves. —Lao Tzu

Posted in Quick Hits