Name: Blair Aaronson juxtaposes Apples to Oranges: 9.1% Annuity
Uploaded: 2022-11-16T23:59:26+00:00
Duration: 8 min 20 s
Description: This is a review of Blair Aaronson "Retirement Thru Design" infomercials as heard on KABC radio in Los Angeles. He juxtaposed a 2.26% 'safe withdrawal rate' study against an immediate annuity that pro

1 year ago

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immediate annuity blair aaronson retirement thru design infomercial review

This is a review of Blair Aaronson "Retirement Thru Design" infomercials as heard on KABC radio in Los Angeles. He juxtaposed a 2.26% 'safe withdrawal rate' study against an immediate annuity that provided 9.1% income. How is this possible? Are insurance companies really playing Santa Claus with immediate annuities? It sounds too good to be true. I explain with mathematics based on the historical total return data of AGG (total bond market index fund) and IVV (S&P 500 index fund) found on Yahoo Finance. To the best of my knowledge this data includes the fund management fees of 0.03% and turnover costs that can affect prices.

Be sure to find a fee-only fiduciary financial advisor, tax advisor, etc, before you dumping your money into any annuity. I am not your financial advisor. I am not a financial advisor, but evidently, I know more about annuity 'returns' than the vast majority of insurance salesmen! ; )

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