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Sep 26, 2017
2:30
:52
pm
TheLoneCougar
Contributor
As I stated.
"Guaranteed" income is only if the company fulfills its part of the contract. And you can get that from a % of your investments.
Also, many/most financial advisors don't recommend Annuities, Insurance salesmen do.
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TheLoneCougar
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TheLoneCougar
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Dec 10, 2015
Last login
Jun 10, 2024
Total posts
21,810 (4,314 FO)
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Messages
Author
Time
If you want to stay diversified in retirement what is the proper mix
CBaass
9/26/17 2:02pm
The general rule of thumb is to take 100 and subtract your age and that is the..
RexIdaCoug
9/26/17 2:05pm
Example...
RexIdaCoug
9/26/17 2:07pm
This general rule of thumb caused many retired people to lose more than needed
airwolf
9/26/17 2:20pm
I should have prefaced this by saying...
RexIdaCoug
9/26/17 2:24pm
This I agree with.
airwolf
9/26/17 2:28pm
Go to bogleheads.com forum
cougfanz
9/26/17 2:12pm
What like VTSAX is the only investment you should buy?
TheLoneCougar
9/26/17 2:15pm
Because CB is full of dummies ; )
airwolf
9/26/17 2:28pm
Says the guy pitching annuities. Haha
cougfanz
9/26/17 3:04pm
And your credentials for making investment recommendations? Do they meet or
airwolf
9/26/17 3:43pm
many on here have the same licenses and credentials and cringe at your annuity
Sandy Lyle
9/26/17 5:17pm
Yet most of them are not advising cbass
airwolf
9/26/17 6:48pm
And none of you have been involved in our boardmails which
airwolf
9/26/17 6:52pm
No offense dude, but having a 66 and a 7 doesn't exactly mean you're
DK-
9/29/17 3:05pm
No offense taken. Why so much praise for a CFP, because they passed a series of
airwolf
9/30/17 9:04am
^^^ LOL.
travispj772
9/26/17 3:59pm
I'm absolutely no genius when it comes to this stuff, but I hear a lot of folks
TheLoneCougar
9/26/17 2:14pm
Indeed you are not a genius when it comes to this. Many/most financial advisors
airwolf
9/26/17 2:18pm
As I stated.
TheLoneCougar
9/26/17 2:30pm
Considering that most investments have 0 guarantees, except to guarantee that
airwolf
9/26/17 2:39pm
Annuities are also a way of getting a high commission.
travispj772
9/26/17 3:52pm
High commissions as opposed to 5% for investing in A shares and then brokerage
airwolf
9/26/17 4:12pm
Advisors don't get all of that 5 percent
travispj772
9/26/17 7:09pm
Well we can agree on one NWM agents are poorly trained. When I sold
airwolf
9/26/17 7:16pm
I'll agree with you on that. I always chuckle when they say they are
TPcoug
9/26/17 7:24pm
5% if you're buying a A share at the lowest break point. Many fund families will
DK-
9/29/17 3:11pm
Here's the most important thing to know about buying an annuity
DK-
9/29/17 3:08pm
I don't know about you, but I make much less off of my one time commission
airwolf
9/30/17 9:05am
This is a bad idea. The experts say to diversify and lower your risk because
RexIdaCoug
9/26/17 2:20pm
I think most of it depends on what is in your nest egg and your risk tolerance.
TheLoneCougar
9/26/17 2:31pm
Risk tolerance changes with age and experience in the market. I used to
airwolf
9/26/17 2:41pm
Hindight being what it is, there ended up not being risk in 2008. The market has
TheLoneCougar
9/27/17 7:25am
The issue is that even though the "market" has increased aver 300% I have not
airwolf
9/27/17 9:28am
Simple logic should tell you...if you bought an S&P index fund for instance
TheLoneCougar
9/27/17 9:36am
Most self investors average under 2% per year, most Financial advisors average
airwolf
9/27/17 9:46am
Where do you get this information? because it seems WAY off
TPcoug
9/27/17 10:25am
Hes shooting out a lot of hyperbole. Even my conservative clients
bccoug
9/27/17 11:31am
Very familiar with Guide to the Markets. And the every day investor does do bad
TPcoug
9/27/17 12:10pm
I didn't say the returns were not very good, I was pointing oput the fact that
airwolf
9/27/17 1:02pm
you must not be talking to the majority of people. Unless you are just invested
TPcoug
9/27/17 10:26am
See my response just above
airwolf
9/27/17 1:03pm
Seriously? From peak to trough anyone in 100% equities should have been
DK-
9/29/17 3:09pm
Yet I know of no one who has.
airwolf
9/30/17 9:06am
You need to look at it a little differently. Tax diversification is key to
airwolf
9/26/17 2:14pm
What exactly are you referring to when you say "tax diversification"
DK-
9/29/17 3:13pm
It is a foundational part of a retirement plan.
bccoug
9/30/17 12:44am
^^^This^^^
airwolf
9/30/17 9:07am
High-dividend paying stocks is a bit too broad IMO.
Y'zFan
9/26/17 2:21pm
real estate is WAY too often overlooked here. If you bought an investment property when you were 35 by the time
HarlemCoug
9/26/17 2:28pm
100% stocks. You don't need bonds, money market, etc.
Scott_Tenorman
9/26/17 2:30pm
That is very risky if you need those assets for expenses and the market takes a
Y'zFan
9/26/17 2:33pm
RE: 100% stocks. You don't need bonds, money market, etc.
Woody3715
9/26/17 2:52pm
this is also illegal for anyone that is even remotely close to retirement. lol
travispj772
9/26/17 3:56pm
Every finance and investments teacher I had at BYU and ND said annuities are
El Pasco
9/26/17 4:15pm
This has been true if you are looking at them as purely investment vehicles.They
airwolf
9/26/17 4:19pm
And they are right.
travispj772
9/26/17 7:07pm
They’re not a great way to accumulate money.
bccoug
9/26/17 7:49pm
They aren't bad as long as you know what you're getting and have the
DK-
9/29/17 3:14pm
This is the problem, they are often mis sold or not explained clearly enough.
airwolf
9/30/17 9:08am
People that should consider an annuity:
bccoug
9/26/17 7:51pm
Good info
DK-
9/29/17 3:15pm
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