In this episode, Bob Lindquist, owner of Safe Retirement Strategies in Overland Park, Kansas, discusses the recent surge in the stock market and addresses a common question he receives: "Why would anyone grow their money inside of an annuity when the stock market always seems to grow?"
When we retire, the paycheck stops. Bob explains how to create guaranteed income so you can cover expenses and thrive throughout retirement.
In this episode we discuss the option to convert an IRA into a ROTH and what you should consider for your retirement plan.
Two examples of Safe Retirement Planning
Caronavirus / Stock market decline...We are in "unchartered" waters
In retirement...Guarantees are a must
Three favorite ways to generate retirement income...Are they really the best?
Can these four basic questions EVER be answered with managed money?
Would you prefer your retirement to be stable or fluctuate?
Starting with $1,000,000
Guaranteed $68,000/yr income OR what has to happen with managed money to have
$68,000/yr income? Guaranteed?
General discussion with John Caton...
LTC, Group LTC
Disability income, Group Disability income
7% growth for income...Guarantees quite a nice lifetime income
Medicare and Tax information for 2020
A client of mine has saved and grown money for 7 years...now it's time for lifetime income
Wall Street companies are starting to promote annuities
Saving money is a lot easier than managing a lifetime of income
Long Term Care needs to be discussed...Being without LTC can wipe out a lifetime of savings
Are we delivering the right message
Your gains in the market aren't yours until you "cash out"
You have won the game...Protect your retirement