Bohemia, NY (PRWEB) March 07, 2013
On March 7, developer of Savings2Income, Jerry Golden releases a new series, as part of [Savings2Income reporting on “Facts or Fiction - Accepting the Conventional Wisdom Could Spoil your Retirement.” By presenting facts, and noting some fictions about annuities, this series highlights retirement planning strategies for those investors already saving for retirement, about to retire, and already retired.
Golden says that the first installment of this series sheds light on how annuities are not well-understood even by advisors. “Many people tend to shy away from annuities because of their complex terminology and because there are so many to choose from,” Golden says. “Most life insurance companies offer annuities often with many options, so it’s difficult to understand which one might be most suitable for the investor. The goal of this series is to separate fact from fiction, so investors can make informed decisions about annuities.”
Golden adds that the Savings2Income team has designed many annuity products and has also built its own analytical tools that can be useful when weighing annuities and their options.
”We have the ability to look at and analyze retirement solutions, including both investments and annuities, on an objective basis,” Golden says. “At Savings2Income, we know what lies beneath the surface of annuities and can break the products down for those now saving for retirement or already in retirement. We neither accept nor reject annuity solutions based on what insurance companies and/or advisors say. Instead, we look at the facts in order to educate and help investors find the best options for their retirement plan.”
The next two installments in the series focus on two types of annuities that might be considered as part of retirement planning: fixed payout annuities and variable annuities. The entire series will be available on the Savings2Income website.
An innovative retirement planning method called Savings2Income (S2I) created by Jerry Golden seeks to provide a clear path to retirement security for those saving for retirement, soon to retire, and recently retired. S2I incorporates Rollover IRA savings, personal retirement savings held outside an IRA or 401(k) plan and Social Security into an integrated solution.