Annuities in Retirement

Annuities in Your Retirement Plan?


Making an Investment Plan

With high fees, confusing guarantees, and questionable returns, annuities might imply certainty, but in reality, they may not be the best bedfellows for a retiree.

Consider those warranties you’ve been offered on all sorts of goods from A to Z. How many times have you paid for one and regretted it or, even worse, the warranty itself outlasted the purchase that it’s supposed to protect?


The Power of Fear

The sale of an annuity is compelling. In a contract between you and an insurance company, you are promised a lifetime stream of monthly income, which sounds great - especially if you have anxiety about the future (and who doesn’t?). But there is more than meets the eye, and we encourage you to do your homework. Annuities can be confusing and are commonly misunderstood. Annuities may be marketed as investments, but annuities are not the same as investments in index funds or ETFs. They are contracts – contracts that lock you into an agreement. While annuities vary, all of them have commissions.


Alternatives to Annuities

At One Day In July, your financial advisor can offer you some other options as you plan for retirement, including a monthly income stream that does not come attached to high fees and confusing language. We do not take commissions, and we are transparent in all that we do.



Get Started Today.

Please enter a first name.
Please enter a last name.
Please enter an email address.
1000 characters remaining
Please enter a message.
DIFFERENTIATORS
GETTING STARTED
MATERIALS
How Are We Different
Understanding Your Financial Statement
Articles on Investing
Investing with Low Cost Index Funds
Pay Yourself First
About the SECURE Act
Why Use a Fiduciary Financial Advisor?
Financial Planning
Quarterly Booklets
Simple, Low Investment Fees
Investor Resources
Investment Tools
Financial Firm Comparison
The Investment Process
One Day In July in the Media
Local Financial Advisor
How to Switch Financial Advisors
Frequently Asked Questions
Types of Investors
SERVICES
Types of Accounts We Manage
Options for Self-Employed Retirement Plans
Saving Strategies
What to do When Receiving a Pension
Investment Tax Strategy: Tax Loss Harvesting
Vermont Investment Management
How to Invest an Inheritance
Investment Tax Strategy: Tax Lot Optimization
Vermont Retirement Planning
How to Make the Best 401k Selections
Investing for Retirement: 401k and More
Vermont Wealth Management
How to Rollover a 401k to an IRA
Environmental Investing: How it Differs from ESG
Vermont Financial Advisors
How to Invest for College Savings
INVESTING THOUGHTS
Should I Try to Time the Stock Market?
Mutual Funds vs. ETFs
Inflation
The Cycle of Investor Emotion
Countering Arguments Against Index Funds
Annuities - Why We Don't Sell Them
Aim for Average
How Finacial Firms Bill
Low Investment Fees
Understanding Fixed Income: Interest Rate Risk
Investing in a Bear Market
Investing in Gold
Is Your Investment Advisor Worth One Percent?
Active vs. Passive Investment Management
Investment Risk vs. Investment Return
Who Supports Index Funds?
Articles by Dan Cunningham
Does Stock Picking Work?
The Growth and Importance of Female Investors
Behavioral Economics

Shelburne, VT Financial Advisor

Frank Koster | Josh Kruk

145 Pine Haven Shores Road, Suite 2212

Shelburne, VT 05482

(802) 777-9768

Stowe, VT Finanical Advisor

Available for meetings in Stowe.

Peter Egolf

(802) 999-2321

Burlington, VT Financial Advisor

Hans Smith | Katie Bensel

Nancy Westbrook | Peter Egolf

Adam Roof

77 College Street #3A

Burlington, VT 05401

(802) 503-8280

Essex, CT Office

Keith McCarthy

5 Essex Square, Suite 3A

Essex, CT 06426

(860) 581-7011

Rochester, VT Financial Advisor

Available for meetings in Rochester, VT and surrounding area.

Carrie McDonnell

(802) 767-7665


v 2.3.12 | © One Day In July LLC. All Rights Reserved.