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Many people today are looking for annuity help. The biggest challenge seems
to be that most of the help is biased. What exactly do I mean? I
mean that there is always a vested interest for the person who
is helping you with your annuities. They are out to sell you
something so you don't know if they are doing it for your best
interest or for theirs.
For instance, let's say you were looking for a fixed annuity. If you work
with an agent who has a bias towards variable annuities or gets
paid more for selling variable annuities, you may end up with
something that doesn't fit your needs. Also, if you end up with
a banker or financial advisor who does not do a good job at
addressing your financial needs and concerns, you may end up
with the investment of the day instead of the investment that's
right for you. And by the time you realize it, it may be too
So how do you get help with your annuity? First and foremost you must help
yourself. What is really good is to take inventory of where you
are currently and where you want to be. Look at your current
investments and your goals. Take a snapshot of your financial
situation. This may sound elementary but most people don't do
it. But the key is to do it before you seek help from an outside
Look, the reason is simple. The more you know going in, the better the
chance that you will get what you want. Doing your financial
homework is a critical piece of getting the right help. A good
financial advisor will ask you to help him understand you so you
can help him to help you. This is crucial to your financial
future. Getting help with your annuity or your investments means
helping yourself first.
The most important aspect of this comes at the time you need to make a
financial decision about your annuities or your investments. If
you know what you want, you will be able to figure out what you
don't want. For example, if you want safety of principal and the
advisor offers you a variable annuity, you can easily say no
because you know that won't fit your goals. Also, the opposite
is true. If you don't know what you want, you may know what you
don't want and that may be a good place to start.
The bottom line is annuity and investment help begins with yourself.
Understand your financial situation, your time frames, your
needs for liquidity, and your goals. The specific investments
and annuities you will use to accomplish your goals will come
second. The more you help yourself, the more likely it is you
will end up with the right annuity. Good luck and remember...
Ignorance is not bliss...
About the author:
Tony Bahu is the author of the controversial document 'Annuities:
The Shocking Truths Revealed.' Learn the secrets that Banks and
Insurance Companies Don't Want You to Know. Find out what agents
aren't telling you at