Profile

Cover photo
Rachel Summit
Works at Annuity FYI
Lives in Cleveland, Ohio
231 followers|49,354 views
AboutPostsPhotosVideos+1's

Stream

Rachel Summit

Shared publicly  - 
 
New blog post from Annuity FYI: Longevity risk is a worldwide epidemic, but one that can be helped with the benefits that annuities provide.
Fixed annuities eliminate longevity risk with their benefits of market protection and guaranteed lifetime income.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Pay attention to the retirement "danger zone".
 
Statistics show that the most critical years for retirement planning are the three years before retirement and the three years after retirement. This crucial six-year window is like the "retirement danger zone."
#financialplanning #retirement #moneymatters
View original post
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Annuity FYI's latest blog post talks about how advisors must work in the best interest of their clients to help them find the annuity product with the right guarantees to meet their needs.
Advisors must ensure that the annuity products they are selling are in the best interest of their client and are being sold for the contractual guarantees they offer.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Exclusive new content from Annuity FYI:

Debates have raged for decades about the relative advantages and disadvantages of active stock fund investing versus passive investing. While interesting, however, it has always been relatively inconclusive.

That is, until now, at least in the eyes of the majority of investors.

For a copy of a strong white paper that delves into the important nuances of this timely subject, call Annuity FYI at (866) 223-2121 or email us by clicking on Ask Annuity FYI by Email.
Debates have raged for decades about the relative advantages and disadvantages of active stock fund investing versus passive investing. While … Continued
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Check out these 5 money management tools.
 
These 5 tools can help get your financial life in order:
Managing money is just like any other job or task - you need the right tools to do a good job. Fortunately, there’s no shortage of fantastic tools to help you make smart money decisions and stay super organized. In this episode I’ll give you 5 of my favorite financial and productivity
View original post
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
New blog post from Annuity FYI: There is an ethical debate over whether or not your 401k plan should default a percentage of your savings into an annuity product upon retirement.
Whether you are nudged into an annuity product by your 401k plan or not, do your research and learn about annuities' value before finalizing any decisions.
1
Add a comment...
In their circles
487 people
Have them in circles
231 people
Kenneth Oliver's profile photo
Cindy Jordan's profile photo
Jan Miller (Standers)'s profile photo
Canadian businesses for sale's profile photo
Erin Shaughnessy's profile photo
Sam Tabes's profile photo
Financial Advisor, Mystic, CT - Lansdowne Wealth Management, LLC's profile photo
Nathan Ackerman's profile photo
Rachel McGann's profile photo

Rachel Summit

Shared publicly  - 
 
Perhaps even more important. #retirement  
 
#DYK that spending in retirement is just as critical as saving for retirement? http://vgi.vg/2bGdTCL
View original post
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Annuity FYI's new blog post: While the annuity industry is poised for some major changes with products and commissions, it will remain strong and an important factor in retirement planning.
As the DOL fiduciary rule takes effect, annuities will change but they will still have an important place in financial planning for retirement.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
New blog post today from Annuity FYI: The better educated that financial professionals and consumers are about the benefits of annuity products, the higher these products' sales will climb.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Believe it or not, retirees can not afford these things.
These actions could put your retirement security at risk.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
Millennials aren't close to retirement, but they might have just as much reason as Baby Boomers to worry about a retirement crisis.
1
Add a comment...

Rachel Summit

Shared publicly  - 
 
PRODUCT ALERT! Low interest rates have made this a difficult time for prospective annuity buyers. But this new MYGA has come to the rescue with five and seven year versions that offer an annual floating interest rate bonus. Click here or call 1-866-223-2121 to find out more about this respectable insurer's new annuity product.
Annuity FYI finds products with unbeatable rates and features and brings them to you, the investor, as 'Product Alerts'. Bookmark this page or visit often to stay abreast of the latest products, many of which are only available for a short time.
1
Add a comment...
People
In their circles
487 people
Have them in circles
231 people
Kenneth Oliver's profile photo
Cindy Jordan's profile photo
Jan Miller (Standers)'s profile photo
Canadian businesses for sale's profile photo
Erin Shaughnessy's profile photo
Sam Tabes's profile photo
Financial Advisor, Mystic, CT - Lansdowne Wealth Management, LLC's profile photo
Nathan Ackerman's profile photo
Rachel McGann's profile photo
Basic Information
Other names
Finance Mama
Work
Employment
  • Annuity FYI
    Writer, present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Cleveland, Ohio
Links
Contributor to
Rachel Summit's +1's are the things they like, agree with, or want to recommend.
5 Excellent Retirement Calculators (And All Are Free)
www.forbes.com

Confession time. I'm a pushover for online calculators. Actually, any type of gadget gets my attention (hold on while I check email on my Ap

Workplace Inequalities Force Women To Plan For Retirement Differently
www.forbes.com

With over sixty million baby boomers reaching age 65 in the next twenty years, many people are just beginning to plan for the vast challenge

How Couples Delude Themselves About Retirement
www.forbes.com

A Fidelity survey finds a disconnect between what spouses say and reality.

4 Tricks To Get The Most Out Of Your IRA
www.forbes.com

You are throwing money away if you don't take full advantage of IRAs. Here are some ways to get the most out of this powerful retirement pla

Are You Financially Fit? Tips for Creating Retirement Income | U.S. Bank
achieve.usbank.com

There’s no time like the present to start planning for retirement. Use these tips to help get started.

Baby Boomers May Work Longer, Live Less Comfortably in Retirement
www.annuityfyi.com

It's now simpler to use some of that savings to purchase the guaranteed income offered by many annuity products. Baby Boomers may still work

IRI Industry Predictions: Fixed Indexed Annuity Sales & 3% Interest ...
www.annuityfyi.com

The IRI's president and CEO says that there is a huge opportunity for the insured retirement industry to innovate and meet the changing dema

Few Workers with DC Plans Anticipate Annuity Income
www.annuityfyi.com

It's important for the annuity industry to educate consumers, especially those participating in defined contribution plans, and bridge the g

Annuities Are Constantly Adapting
www.annuityfyi.com

As the economy went through some drastic changes between 2008 and 2014, annuities had to quickly adapt to these changes.

Longevity Annuities Are Poised To Take Off This Year
www.annuityfyi.com

The insurance industry's solution to this demand for a comfortable retirement is longevity annuities.

Does Your Defined Contribution Plan Offer Lifetime Income Options?
www.annuityfyi.com

There is still a lot of work to be done before annuities become mainstream in retirement plans, but their potential as an income stream solu

Fixed Indexed Annuity Market Share Increasing
www.annuityfyi.com

It's important to look at not only annuity sales, but also the market share of different types of annuities when making product comparisons.

Target-Date Funds Tied to a Fixed Annuity Create Income Stream
www.annuityfyi.com

With workers seeking out a guaranteed lifetime income stream in retirement and the federal government making it easier for annuities to be u

U.S. News: "You May Want to Consider Annuities"
www.annuityfyi.com

U.S. News & World Report's MONEY says that annuities are something you should consider if you expect to live a long life.

Annuities Take Longevity Risk Off the Table, According to Hegna
www.annuityfyi.com

Speak with an expert to see how annuities can help you eliminate longevity risk in your financial planning.

Which Annuity Product is More Efficient? A SPIA or a DIA?
www.annuityfyi.com

SPIAs and DIAs both offer unique pros and cons that make them useful in some retirement plans and simply not right for others.

Prudential Introduces Three New Annuity Products
www.annuityfyi.com

All of the products were designed as alternative ways to save and provide income instead of traditional savings and CDs.

AIG Introduces New QLAC for Retirement Plans
www.annuityfyi.com

The company's American General Life Insurance Company created the American Pathway Deferred Income Annuity to be eligible as a qualifying QL

2014 Variable Annuity Innovations
www.annuityfyi.com

Despite the fact that sales aren't anything to write home about, life insurance companies are still introducing new products and innovating