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Old 09-27-2011, 07:06 PM   #141
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My attempt was to initially answer an annuity question. But, instead I ran into a hornets nest of experts on annuities.
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Old 09-27-2011, 07:08 PM   #142
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No, I did not, nor would I have. I'm sure your personal experience covers the whole width and breath of income strategies
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Old 09-27-2011, 07:09 PM   #143
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Retirement Mechanic

I have a pretty simple question for you. Can you give us an some real numbers associated with of a Equity Index Fixed Index annuity that you have sold in the past where the client is currently drawing income from the product.

So for example back in 2000, I sold $100,000 policy to a 56 year old couple, last year at 65 they annuitized it and started withdrawing $X for life.
A link to details of the product you sold would be very helpful as well as comparison to current products from the same company.

thanks.
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Old 09-27-2011, 07:09 PM   #144
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Ye3p, I bet you know them all. I drink snake oil for breakfast and run over old ladies at street corners.
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Old 09-27-2011, 07:15 PM   #145
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Originally Posted by Retirement Mechanic View Post
There are those who are at the same place as they were 10 years ago, still waiting for their brokers to earn their fees.
There are those richer, poorer and every condition in between over the past ten years.

And there are many of us here - probably the majority - who do not pay fees to advisors/brokers. But once again, you wouldn't know since you haven't bothered to learn anything about this forum, too busy pounding your one-note "buy an annuity" piano...
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Old 09-27-2011, 07:18 PM   #146
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BTW Mechanic, your responses without quoting who you are replying to make no sense.

Like watching someone walk down a hallway, opening doors at random and having a one-way conversation into an empty room...
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Old 09-27-2011, 07:23 PM   #147
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Ye3p, I bet you know them all. I drink snake oil for breakfast and run over old ladies at street corners.
Again, your occasional lucid honest moments are appreciated by me......
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Old 09-27-2011, 07:23 PM   #148
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I drink snake oil for breakfast and run over old ladies at street corners.
Looks like we're beginning to get to the facts...
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Old 09-27-2011, 07:28 PM   #149
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Santa Claus, the Easter Bunny, and an honest annuity salesman walk into a bar...
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Old 09-27-2011, 07:29 PM   #150
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Although I now realize this is not an educational forum, I'd be happy to show you a 10 year back dated annuity illustration that would display actual income guarantees, or, how about a spread sheet of actual income riders as guaranteed by the various carriers. I could also send over actual client statements with stated annual yields. And No, I am not trying to 'sell' any annuity here. That would not be possible. I was just trying to add to the discussion and hit a virtual brick wall with a bunch of retirement 'experts'.

But, of course, I have already been called a thief, a thug, and shifty eyed. So, what would be the positive in forwarding the info?
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Old 09-27-2011, 07:30 PM   #151
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Pal, my one note was in defense to the asine comments from the deep well of ignorance.
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Old 09-27-2011, 07:31 PM   #152
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BTW Mechanic, your responses without quoting who you are replying to make no sense.

Like watching someone walk down a hallway, opening doors at random and having a one-way conversation into an empty room...
He likes me, he really likes me!!
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Old 09-27-2011, 07:33 PM   #153
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Pal, my one note was in defense to the asine comments from the deep well of ignorance.
I'll be the first to admit to my ignorance of annuities. But I am smart enough to stay away from them also.
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Old 09-27-2011, 07:33 PM   #154
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My attempt was to initially answer an annuity question. But, instead I ran into a hornets nest of experts on annuities.
(note you can click the "quote" button at the bottom of a post and voila! we can all understand just what your reply concerns.)

I think the annuity question posted in February 2010 had already been answered if you read the entire thread. Not much help to chime in 10 months after the last post on the thread.
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Old 09-27-2011, 07:35 PM   #155
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Pal, my one note was in defense to the asine comments from the deep well of ignorance.
In a thread that had been dormant for a year, and that YOU reawakened (post #84?)

Perhaps someday you will reveal an interest in something, anything else related to retirement, other than the annuities that you also (ever so conveniently) happen to sell. (sigh)
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Old 09-27-2011, 07:36 PM   #156
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To ReWahoo: Thanks for letting me know my comments were not directed at the initial response. First time on this site. You are right, I'm on the wrong forum.
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Old 09-27-2011, 07:37 PM   #157
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But, of course, I have already been called a thief, a thug, and shifty eyed. So, what would be the positive in forwarding the info?
Typical. When asked to give facts, all we get is excuses...
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Old 09-27-2011, 07:37 PM   #158
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But, of course, I have already been called a thief, a thug, and shifty eyed. So, what would be the positive in forwarding the info?
Another term?

(Sorry, I could not resist)
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Old 09-27-2011, 07:38 PM   #159
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Bye!
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Old 09-27-2011, 07:38 PM   #160
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You are right, I'm on the wrong forum.
Yep.
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