Comments on: Another Look at Variable Annuities

By: JOE

JOE — Sat, 02 Aug 2008 20:02:02 +0000

Thanks, Dave, I’ll take a look at this soon.
Joe

By: Dave Shafer

Dave Shafer — Sat, 02 Aug 2008 12:44:36 +0000

Joe,
Sun Life Financial has some interesting one’s. A++ rated company. Lifetime income guarantee starting at 5% at age 60 and increasing .1% each additional year. Current participation rate is 65% on a monthly average S & P 500 Index. 8 year surrender charges.
http://www.sunlife-usa.com/sun/sl_24.cfm

By: JOE

JOE — Fri, 01 Aug 2008 16:52:14 +0000

Any particular one you can point me to? Last one I looked at (I forget which and would like not to mention the wrong company) had a set of rules so complex that even the best scenario (I picked 1980-1999) didn’t beat CDs.
Joe

By: Dave Shafer

Dave Shafer — Fri, 01 Aug 2008 12:27:05 +0000

Joe, take a look at the equity indexed annuities. Less Fee’s, some hedge against inflation, and guaranteed income. I always like the equity indexed products better, I feel they are safer, cheaper, and lessen the ability for the owners to make bad decisions like we see with mutual funds!