Monday, February 12, 2007

Help with My Annuity

The shouts are heard from the distance, "I need aid with my annuities." Nothing have changed...just a alone senior who can't trust anybody with her rente because every clip she inquires for advice, person seeks to do her invest in a different annuity...Sound familiar? Well you are not alone.

Often modern times when speech production to a senior about their annuities, I inquire them their biggest complaint. Time and clip again they state that it is hard to happen person who can assist them with their rente without trying to sell them another one. It is not uncommon. The truth of the matter is, many rente agents are not out to assist the client, but to assist themselves (I am certain you are not surprised). They desire to do the "fast buck" without sees for the client's needs or investing objectives. The unfortunate portion is that, this isn't going to change.

Honest aid with an rente is hard to find. Insurance agents don't get paid for their time, they usually only get paid for making a sale. So it's no wonderment why they always urge another annuity. I once visited person who needed aid with an rente that an agent "talked him into." The problem was, in order to get into this annuity, the agent talked him into surrendering his old rente and paying a $13,000 resignation charge to do so-AND THE rente HE put option HIM INTO WAS worse THAN THE rente HE GOT HIM out OF...When I asked him why he called the other salesperson in the first place, he told me he just needed to make a small backdown from his rente and didn't cognize how...And the agent tricked him into switching it into another annuity and paying a huge resignation charge which he could never retrieve owed to his age...Fortunately it wasn't too late and we were able to change by reversal his transaction.

However, good aid is hard to find. There is no doubt. This may come up as no surprise but my recommendation to anyone who needs aid is to first purchase the book "Annuities: The Lurid Truths Revealed." Sure, Iodine wrote it and certain I have got a vested interest in saying that, but at least it speaks about rentes in a manner that anyone can understand them. And at least it points out all the things people who have rentes or are looking for rentes need to be careful of. Most importantly, it points out the soiled small secrets that agents never state you about annuities.

The underside line is this. If you need aid with your annuity, you need to be vigilant. Many agents are out there for their ain good and you must be aware of this. Use your resources and learn the right inquiries to inquire your agent before making a determination (Also establish in the book). Sure, you may just give up and never get aid but the worst determination is no decision. Aid with your rente is hard to find, but not impossible...that's wherefore I wrote the book!!! Good fortune and remember...

Ignorance is not bliss...

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