Boston College's retirement risk index and annuities

The Center for Retirement Research at Boston College, recently published a study titled, "The NRRI and Annuities". The study surrounds the National Retirement Risk Index (NRRI) and calculates the number of American households at risk of being unable to maintain their pre-retirement standard of living in retirement.

One of the biggest obstacles retirees face is how to avoid outliving income. One of the biggest obstacles advisors face is how to overcome the negative hype surrounding annuities. This study is your opportunity to provide more third party information on the benefits annuities provide for guaranteed retirement income.

Here are a few bullets from the article:

..."to achieve real security in retirement, households need to get as much as possible out of their nest eggs in the draw down period. Annuities guarantee that households do not outlive their money."

..."In addition, an inflation-indexed annuity protects a households purchasing power against inflation."

..."Finally, annuities provide more monthly income than other approaches, such as the '4 percent rule' or living off of the interest on assets."

If you are interested in receiving the full study, please let me know.

NEW PRODUCT ROLLS OUT SEPT 13th!!!

On Monday a revolutionary product will rollout for clients that will allow them to have a guaranteed income rollup of 10% of the initial premium and a death benefit of 6% compound. Something unheard of in our industry! Click below to listen to the recorded webinar. Also give me a call to request a client brochure and the most up to date state approval chart!

CLICK HERE FOR WEBINAR!

AVIVA changes: Effective September 3 - Gradient Discussion Forum

Overview is as follows, click on link to get further details from Aviva:
1. A 1% reduction in commission on the Freedom Xtra and Freedom Plus
2. The bonus for the Freedom Xtra is going to 4% effective Sept. 3rd (they will accept faxes followed by origninals) It is currently 8%
3. The bonus for the Freedom Plus is goig to 2% effective Sept 3rd. It is currently 5%

[Fixed Annuities] AVIVA changes: Effective September 3 - Gradient Discussion Forum

paycheckforlife.org-CLIENT FRIENDLY WEBSITE!

I just ran across this today. This client friendly website cuts to the chase; people all across america are out living their incomes. This can also serve as a great tool to introduce the benefits of fixed annuities with income riders. What other product offers the ability to provide a 0% risk of outliving your income? CLICK HERE to see for yourself the first step in closing your next case!

Five steps to "Yes"

Today, John, a good agent and friend of mine who does about 7million a year forwarded this article to me who said that this was a great way to see where you are at and where you need to go to help close more business. Click on the link below to help you get more "YES" in your business. HAPPY SELLING!

Five steps to "Yes"

RBC adjusting rates August 1st

[Fixed Annuities] RBC adjusting rates August 1st - Gradient Discussion Forum

Senate Passes Financial Regulations Bill!

This has been a historic week for the future of Fixed Indexed Annuities!!

CLICK HERE to read the full report from the Executive Director of NAFA, Kim O'Brien

NEW WEBINAR SERIES ANNOUNCEMENT

In an effort to keep you educated and updated on new product availability, features, enhancements, and changes, Gradient introduces a new Webinar series for both annuities and life insurance. They will be held each Tuesday with Annuities starting the series on July 20th, followed by Life Insurance on July 27th and will last 30 minutes.

We will cover a variety of topics and would enjoy hearing from you on topics you would like to learn more about. Every Monday I will put the topic to be covered in my Newsletter.

Click here to register for the Gradient Insurance Webinar Series

Court Vacates Rule 151A

Great news across the wire yesterday on the 151A Judicial front!

"Having determined that the SEC's S.2(b) analysis is lacking, we grand the petitions [assertion that] the SEC failed properly to consider the effect of the rule upone efficiency, competition, and papital formation...We therefore order that Rule 151A be vacated."

CLICK HERE FOR VACATION DOCUMENT

AEI changing rates Effective July 20th

American Equity for the first time this year is lowering rates effective July 20th. Click below for details.

[Fixed Annuities] AEI changing rates Effective July 20th - Gradient Discussion Forum

Aviva - July Annuity Rates and State Approval

Looks like Aviva is lowering a few rates on products and updated the states where the new product series is approved. Click below for more details.

Aviva Field Update - July Annuity Rates - Gradient Discussion Forum

151A Update from NAFA - Gradient Discussion Forum

151A Update from NAFA - Gradient Discussion Forum

CNBC talks up Fee-Based Advisors

Tom Bradley appeared on CNBC's "Squawk Box" this morning advocating for independent Registered Investment Advisor (RIAs) and sharing recent findings pointing to potentially promising future for RIAs.

The View from the Trenches - CNBC.com

Sucker Rallies