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Great read. Highly recommend if you still have your retirement invested in the market.
Good advice, including the benefits of a Fixed Income Annuity to avoid the perils of a stock market reversal, ie. 2008.
Very compelling insights. Good discussion and arguments on risk/reward, and what’s really important in retirement planning. Has made me pause and re-evalute some of my assumptions about my own portfolio.
This is the perfect book to explain all the benefits of tax free retirement via IULs
Teaser - Chapter 1: The Poker-Chip Mentality
The first time I ever set foot into a casino was in the Bahamas. I was 18 years old on a post-high-school-graduation trip that was given to me as a gift. I was in awe.
Since I’d never been in a casino before, I remember being completely enamored as I watched all of the sunburned tourists throw their money away on the green felt. I stood. I wandered. I didn’t want to leave.
As I made my way through the smoke-filled room, my eye was drawn to a young man, likely in his 30s, playing Blackjack one-on-one with a dealer. He was sitting next to an attractive blonde sporting diamonds the size of golf balls. Now Blackjack was a game I did happen to know. So I stopped. What caught my eye next was the unique color of chips that towered in front of the man. Chips a color I hadn’t seen sitting in front of any other player. I was curious, so I stepped closer and thought my eyes were playing a trick on me.