Seniors Unaware of Risks of Equity Indexed Annuities

Equity Indexed Annuities can be a valuable part of an investor's portfolio. However, if the investor is contacted by someone that is not licensed to offer any other solutions (like stocks, bonds, mutual funds, etc), are they really getting what is best for them?

Santa Rosa, CA (PRWEB) January 20, 2006 -- "If your physician could only prescribe aspirin, would you think that you were getting the best possible treatment?" This comment comes from Todd VanDenburg, a well-known financial educator of seniors in Santa Rosa. "In many cases, Equity Indexed Annuities are being sold to seniors by agents that are not legally allowed to offer alternatives such as stocks, bonds or mutual funds, so you’ve got to wonder… Are seniors getting something that is truly best for them?" asks Todd VanDenburg, an independent financial advisor, who teaches seniors 60+ how to preserve assets, increase their income, and reduce income taxes.

“In many cases, Equity Indexed Annuities can be a valuable part of a senior’s diversified investment portfolio”, Todd VanDenburg explains. “However, just as aspirin is not the answer to all of your medical problems, Equity Indexed Annuities are not the answer to all of your financial needs so you need to make sure that you are aware of all of your options before making decisions as to where you are going to put your hard-earned money!"   

Mr. VanDenburg recommends, “When you receive the call telling you how ‘Equity Indexed Annuities are the greatest thing since sliced bread’, ask the caller if they could also tell you about any stocks, bonds or mutual funds that they offer. If they can’t do that, be afraid… Be very afraid!” To avoid the pitfalls associated with the purchase of Equity Indexed Annuities, Mr. VanDenburg recommends that seniors seek the advice of a trained professional that specializes in their needs.

Todd VanDenburg recently published The Inside Scoop on Equity Indexed Annuities, the most recent addition to “The Inside Scoop” series, and has been interviewed by Senior Market Advisor for his expertise on financial issues that concern seniors. Mr. VanDenburg has helped hundreds of seniors navigate their financial affairs and is a Certified Senior Advisor (CSA)®.

For an interview, phone him at 707-578-5800 x301.

TODD VANDENBURG, CSA

BIOGRAPHY AND FACT SHEET

Todd VanDenburg is recognized as a leading financial educator in Sonoma County. In addition to his recently published booklet The Inside Scoop on Equity Indexed Annuities, Mr. VanDenburg has been interviewed by Senior Market Advisor for his expertise on financial issues that concern seniors. Additionally, he is one of only 12,000 Certified Senior Advisors (CSA)® in the U.S. To become a CSA, he successfully completed a 20-part program proving his expertise in many areas including senior housing, health issues, and of course, finance.

For many years, Mr. VanDenburg has been teaching investors age 60+ how to preserve their assets, increase their income, and reduce income taxes. Hundreds of investors have used Todd’s advice to wisely invest millions in order to help grow their assets and pay less income tax. Consequently, Mr. VanDenburg is regarded as a local expert in financial matters as they affect seniors, the fastest growing segment of the population.

He founded VanDenburg Financial and Insurance Services, (www.tvifs.com), which offers specialized financial services to seniors in Sonoma County as well as low cost life insurance to people in 30 states. VanDenburg Financial and Insurance Services is located at:

631 1st Street, Suite A
Santa Rosa, CA 95404
707-578-5800 x301

Mr. VanDenburg is an avid golfer and woodworker and lives in Rincon Valley with his wife, Pamela, and his twin 9 year old daughters Jacquelyn and Paige.

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