With interest rates still at an all time low and next expected to go anywhere over the next few years, the arena of high return investments while not taking on a lot of risk seems like a figment of the past. I can still remember being a child with a savings account earning 5% or opening a CD in my 20’s and being offered a 6% APR by the banker. Nowadays it seems like you have to take on a lot of … [Read more...]
How Do Annuities Work? The Fixed Index Annuity
If there’s one way to create a truly passive stream of income that will legally last you the rest of your life, it’s by purchasing an annuity. However, understanding “How do annuities work?” is one of the biggest challenges most people face to actually utilizing them. Though they are often are given a bad reputation for being too complex, they can be very helpful if you are looking for a way … [Read more...]