What REALLY is an Annuity? (Which One is Good or Bad?)

My wife and I have also been in the insurance business for almost 2 decades. This presentation is so clear, WELL DONE!!

Do any of these annuities that you do recommend offer riders that let you get more money if you need Long Term Care? And if so, would i be too old to purchase that?

I would add to the end that most financial advisor have fees higher than 1% for AUM… the advisor might make 1% but the company the advisor works for their “Broker dealer/RIA/upline” takes another 1-1.5% … I have seen all in fees as high as 2.75% … that 2.75% in perpetuity for life and possibly your kids life and their kids life and yeah…. … your kid’s kid’s kid’s life. … your videos are great. Keep speaking truth in a world full deception. We need more independent advisors in the world that are honest and not controlled by the corporate structure of Wall Street. Put people over profits!!! Knowledge is power !!!!!

I have viewed more annuity videos than I care to admit. I have a clarity regarding these products after watching your presentation that allows me to view my annuities in an entirely new light! Thank you again!

Awesome channnel, just hit subscribed!

Don't be a sucker to the CCP mouthpieces! Wait until your money disappear into the CCP"s coffers then it is too late. If you are the early birds, see how easy to get some of your money out in the beginning and then !!! And if you are unfortunately the later suckers, money will be gone before your turn to get your money out?!!! Do you know how Ponzi scheme or Pyramid scheme works?!!!

One of the best videos on annuities. Recommend

I really appreciate your presentation and will be following KCIIS lead.

Where is your office?im from Houston

Also a deferred income annuity that is like an immediate income annuity by giving up principle, but since you defer payments for a year or longer......the monthly payments are better.

What happens when the doc tells you you've got 4 years to live and you need every penny out now for care?

Asking for my mom~

Thanks for the informative advice. Wasn't aware of the cap rate issues with FIA 🕊

You guys are badass

You don't have to just hope the insurance company stays in business.

There is the state guarantee association. Nobody has lost an insured dollar

So an iul sounds bttr??

You guys explain so smoothly and clearly. I like that. I am a licensed agent for Medicare and trying to learn about annuities. I give you a thumbs up!

im 43 Been watching annuity videos for weeks trying to find a answer. My parents died in 2020 right smack in covid times. I sold their home and had a 255k lump of cash. Didnt know what to do with it and I told the insurance man I am not comfortable with the stock market. The insurance guy who set up my parents life insurances came over and sold me on Variable indexed annuities that follows SP500 and has some bonds in the portfolio. So I gave them a check for 300k and I had a Annuity a week later. I have been funding this 600 a month for 3 years. It has gone up in value from 300 to around 500k. I am not mad at that but I know its not what it could have been if it was purely invested in the index through a brokerage. The surrender date is in 2026. When thats satisifed can I move my money out of the insurance company and transfer to say Trowe Price?

Excellent information with an easy to understand delivery.
Thanks!

Fixed indexed annuity sounds like an Iul, right?

One of the best explanations of annuities that I have seen on YT.
However, I do not really see the difference between the insurance company paying the seller of the annuity a commission vs the annuitant. Essentially, the commission comes from the annuitant either way because the annuitant is handing the money over to the insurance company. The only difference I can see is if the annuitant is paying the seller of the annuity directly, I can see how the seller may be taking advantage of that direct commission by taking a larger commission than the seller should be getting or just be taking an extra commission on top of what the insurance company is already paying the seller of the annuity. Please explain...

GOOD info. Annuities can be a great way to protect your future money. Stockbrokers mostly do NOT sell annuities because their brokers don't allow them to sell them, thus they "badmouth" annuities. Listen- there's NO SINGLE PRODUCT THAT 100% RIGHT FOR EVERYONE, which is a stockbrokers creed, they just want to sell you stocks. There's nothing wrong with stocks, but as you get older you're main goal should be to protect your money, meaning protecting your money is now more important than growing your money. (risk vs reward) With a Fixed or Fixed Index Annuity (FIA) your money can grow and be 100% protected. SCUM like Ken Fisher (Fisher Investments) ONLY wants to help you if you have $500K+ to invest, and he bags on annuities all the time. HOWEVER - he's the #5 largest investor in American Equity Life Insurance co (they DONT sell life, just ANNUITIES) Another reason stockbrokers want all you money in the market is because if you invest with them for 20-30 years, they get paid on your money for 20-30 years!!!!!

Hi. Can you help me understand what a Flexible Annuity Pension Plan is and how to use it? Please

Absolutely perfect! This is a fantastic and right on point informational video on these different types of annuities! Everyone should watch and learn about these annuities. Apply the lessons to your retirement portfolio and you will thank yourself later! Thank you for posting such useful and relevant information!

My grandmother is 83 and just sold her house. What is the best product to get her the best return the safest? She should have 100k for this investment and may not need this 100k for 4-5 years.

Thanks so much for this education

how do i buy a an annuity from u?

What is probate

Found this video today. I ❤❤❤ your transparency, good intentions and honesty. I pray your business thrives. Thanks for the detailed explanations, education, etc

Great info...am looking for a company and since retired military looking more at USAA ( for military members)

Clear as mud. I am going for short term treasuries.

My mother benefitted from a TIAA/CREF annuity bought by my father in 1955. But I don't see anything so simple now sadly

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I have some annuities would like to discuss with you and decide whether to take lifetime income or take cash on maturity

Also we may need your help on medical insurance in mar 23

I am here to listen to the videos, 2 times each or more. I am so grateful for your help to my retirement and for my sister too. Thank you for your patience to all my questions during Covid-19 turmoil time.
We will continue to watch your videos.

Great information! Learned a lot about annuities.

Liking the pro/con descriptions!

Just picked up our first 2 Pension Hybrids from Kai’s office. We are so excited in starting our guaranteed retirement income and our Medicare with KCIIS. We have told our friends about Pension Hybrids and it’s sad that no one knows about these plans. Thank to Kai and Ann for teaching us or we would have never known about these plans.

I’m here for the puppy 🐶 🥰

Excellent overview of the topic.

If you goal is to have income during retirement years, you do not want to take any risk with your money.

You want to avoid paying taxes now, but you are still not currently in a high enough tax bracket to make municipal bonds make sense.

Then I have to say that a single premium deferred annuity is great and the best retirement plan to consider.

Great stuff!

Love this!! Production looks amazing, and quality content! I’ll have to start watching your entire library 🙌