Equity Indexed Annuities – Problems, Risks and Benefits

Baby boomers nearing retirement have taken an increased interest in equity-indexed annuities.  The reason is that an equity indexed annuity (EIA) is a financial product that allows its owner to participate in stock market gains while limiting downside risk if the market drops. Read more

Fixed Annuities and Financial Risk

This baby boomer and no doubt many others are giving more consideration to fixed annuities as alternative investment vehicles.  Fear of more market losses and a need for a reliable source of retirement income is driving this.
A fixed annuity is a contract in which you surrender a lump sum of money to an insurance company in exchange for a guaranteed monthly income. Read more