Obama is promoting annuities to help retirees have an income for life. He does not agree with Suze Orman when she says annuities are bad for you. "Bad is running out of money in your golden years" - says Obama.
Top Five Reasons the President is Promoting Annuities:
1. Guaranteed payments: throughout the recent crisis, not one annuity provider ever missed a payment - not even one;
2. Unparalleled consumer protections: provides insurance benefits and peace of mind no other product can;
3. Resilience: the overall value of annuities have already regained pre-crisis levels while payments never decreased;
4. Save now, pay later: allows tax-deferred savings until you withdrawal the money;
5. Possibilities without pitfalls: provides risk-adverse consumers the opportunity to re-enter the market but with guarantees.
Obama knows that Social Security alone, especially in its ever-diminishing state, will not be enough for Baby Boomers when they retire.
The security and value of guaranteed income through insured retirement strategies has never been more apparent following the recent economic crisis.
These strategies help investors achieve a financially secure retirement.
Annuities can play a vital role in ensuring all Americans to have a comprehensive retirement plan to guarantee income for their golden years.
Call Mintco Financial Specialists to review if Annuities can be part of your retirement plan.
813-964-7100 or visit our website: www.MintcoFinancial.com
Get a quote: Annuity Quote
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