August 28, 2025 • 27 mins
#SafeMoneyAndRetirementShow #IndexedAnnuities
In each episode host Jon Heischman being a independent financial advisor discusses how to build a more secured retirement plan. In this episode, builds on that foundation and talks about indexed annunities and funding methods on or above Social Security benefits to provide ongoing income through your retirement years. This is an updated version originally aired on November 16, 2020 and August 25, 2023.
To contact Jon after the show with your questions or comments, call (888) 426-0177. Visit www.heischmanfs.com/
In each episode host Jon Heischman being a independent financial advisor discusses how to build a more secured retirement plan. In this episode, builds on that foundation and talks about indexed annunities and funding methods on or above Social Security benefits to provide ongoing income through your retirement years. This is an updated version originally aired on November 16, 2020 and August 25, 2023.
To contact Jon after the show with your questions or comments, call (888) 426-0177. Visit www.heischmanfs.com/
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
People really don't know what their expenses will because they
don't know how long that they're going to live. The
Americans are worried they won't have enough safe for retirement.
Now more than ever, retirement's going to cost for many
folks over a million dollars.
Speaker 2 (00:14):
He is no short thing in investing, but a lot
of people think that annuities may come close to that.
It's going to more safe, safe, safe, safe things that
they know. If they know they're going to need that
money to supplement the retirement, well then you can't play
that rest.
Speaker 3 (00:27):
This is the Safe Money and Retirement Show. But John
Heischman Senior, Founder and partner of Heisman Financial Services serving
the Columbus and surrounding areas. John specializes in educating pre
retirees and retirees about safe money strategies and ideas. Now
is the Safe Money and Retirement Show. Here's John Heischman, Senior.
Speaker 1 (00:48):
This is a safe Money and retirement show brought to
you by your host, John Heischmann. Thanks for joining me.
As with every show, I try to bring you information,
education ideas on how to have a more secure retirement plan.
(01:14):
Before I get started, I want to give you the
number to call with your questions or to schedule a
meeting with me, either in person or we can do
a conference, a telephone call, whatever works best for you.
And throughout the show, I will offer books, articles and
(01:38):
information about what I discuss on the Safe Money and
Retirement Show. So write this number down eight eight eight
four two six zero one seven seven triple eight four
two six zero one seven seven. I'll repeat it again
(01:59):
throughout the show. But I wanted to get that to
you before I get into the topic of this morning show.
I talk about retirement planning income planning, as does many
other shows articles, but many times what isn't discussed prior
(02:24):
to a meeting or a call is the funding method
for your retirement plan. In other words, where are you
going to place your money that's going to generate an
income for you at retirement? And I'm talking about an
(02:45):
income on and above Social Security if you're fortunate enough
to have a pension. So where are we going to
place these funds for growth and income immediately or later
in retirement? As mentioned, there's a lot of different options,
(03:10):
and the option that is best for you may not
be best for your neighbor. You see, it's about risk tolerance.
How much risk can you tolerate in retirement? And believe me,
it's all over the board. One of the reasons that
(03:35):
our firm, Heishman Financial Services has always been independent is
that we are able to provide our clients with the
right funding plan, meaning is your money going to be
(03:56):
all at risk or is it going to be all
protected in safe money? Going one step further, which we
see the majority of the time is a combination part
at risk, part safe and protected. But the question is
(04:19):
how much is that fifty to fifty? Is that sixty forty,
seventy thirty. Once again, it's based on your risk tolerance
and how much has to be placed in a strategy
that is going to give you additional retirement income. Now,
(04:40):
when I say additional retirement income, which many of my
regular listeners has heard me say over the years, I'm
referring to guaranteed income. When you trigger that additional income,
doesn't it make sense that that source of income is
(05:04):
going to be guaranteed for the rest of your life.
It's an additional pension. It's not defined as a pension
like the pension you would have from your employment. It
is establishing your own private pension plan that you know
(05:26):
that money's going to be there the rest of your retirement,
the rest of your life obviously, so as you prepare
or if you're in retirement, you want control over how
you create those sources of guaranteed income. Along with that,
(05:47):
we want to make sure that you have the flexibility
to adapt if your income needs change. In my opinion
and many others in our industry, feel that the fixed
indexed annuity it's also referred to as an FIA, is
(06:12):
a simple contract between you and an insurance company. The
fixed index annuity is designed to help you accumulate money
for retirement and also provide guaranteed income after you retire.
(06:35):
Let me talk about some of the benefits that this
plan offers, which include the opportunity to earn interest based
on a market index, the S and P five hundred,
the nasdeck, the Dow Jones, the Russell, and so forth,
(06:58):
with tax deferred growth income options, and a death benefit
option for your beneficiaries. One of the big attractions to
this plan is that it has principle protection, meaning it's
(07:20):
guaranteed as a no loss product as far as your
money from market downturns. I think this is why the
FIA is an ideal plan when a client wants growth,
(07:42):
wants to earn interest, no risk whatsoever, and establish the
option for a guaranteed lifetime income. The popularity of the
index stinuity over the last ten years plus has actually
(08:03):
become overwhelming. People are starting to learn and hear about
this retirement planning concept. One of the reasons that more
people are being educated about the indextenuity is advisors are
(08:25):
realizing the importance of this concept in retirement planning. It
always used to be the normal was stocks, bonds, mutual funds,
brokerage accounts, variable products, which are very important as well. However,
(08:49):
risk tolerance tests will indicate that there are many people
that go into retirement or are retired that don't want risk.
Advisors have to understand that which they do and in
(09:09):
the right situation, they're using this product strictly for those points.
I have made the guaranteed income, the guarantee of no loss,
no risk, and the potential for above average rate returns.
(09:32):
I'm going to continue with more information after the break,
but I want to give you an opportunity to call
and request a brochure that one of the companies we
work with have put together information about the indextinuity. It's
(09:55):
about twelve pages, very well doubt and I'd like for
all my listeners to have a copy. There is no cost,
there's no obligation. I just feel that strongly about incorporating
part of your retirement assets into a plan like this.
(10:17):
Aightaight eight four two six zero one seven seven again
triple eight four two six zero one seventy seven. Be
sure to visit our website HEISHMANNFS dot com and that
is spelled h EI s ch M a n f
(10:44):
S dot com. Stay tuned for the second part of
the Safe Money and Retirement Show this morning. I'll return
after the break.
Speaker 4 (10:56):
Thanks for listening to the Safe Money and Retirement Show
with John Heisman. For more information, call one eight eight
eight or two six zero one seventy seven. That's one
eight eight eight or two six zero one seven to seven,
or visit their website at HEISCHMANFS dot com. More of
the Safe Money and Retirement Show in a moment.
Speaker 1 (11:23):
Avoiding mistakes can save owners of iras four to oh
one KS and TSP plans, as well as other retirement
plans of fortune in taxes, penalties, fees and loads. These
potential mistakes are addressed in the free book entitled Top
(11:48):
ten IRA Mistakes. This is John Heischmann from the Safe
Money and Retirement Show, offering a complimentary copy by calling
eight eight eight four two six zero one seven seven Again,
that's triple eight four two six zero one seven seven.
Speaker 2 (12:17):
Life expectancy is at all time highs, so that means
you've got a future to plan for at any age.
If you have longevity in your family tree, then you
need financial education from someone with the experience and knowledge
to guide you into and through your retirement years. John
Heischman and the folks at Heishman Financial Services are committed
to helping you achieve your retirement goals with a low
(12:38):
key and trustworthy approach. Call Heischman Financial Services today to
get started on your retirement future. Call one triple eight
four two six zero one seven seven. That's one eight
eight eight four two six zero one seven seven. Heishman
Financial Services has your future in mind.
Speaker 4 (13:02):
All right, your retirement funds. I need you to get
with the program and work even harder for me. Give
me all you've got. That's it. I'm gonna need more
from you than that. If I'm ever going to retire.
Is your retirement plan not going as planned? Contact Heisman
Financial Services at one eight eight eight four two six
(13:23):
zero one seven seven. Get it back on track and
working harder for your future. At Heischman Financial Services, they
understand that individuals and couples have their own unique circumstances
that need to be considered in order to achieve a
safe and successful retirement plan. Heischman Financial Services offers a
no cost, no obligation discussion of your circumstances and plans.
(13:46):
Call one eight eight eight four two six zero one
seven seven that's one eight eight eight four to two
six zero one seven seven for Heischman Financial Services or
visit their website at HEISCHMANFS dot com. That's www dot
Heishman FS dot com. Get your retirement funds working harder
(14:06):
for you with Heishman Financial Services one eight eight eight
four two six zero one seven seven.
Speaker 1 (14:16):
The goals of good retirement planning are to help each
individual to end up with more money at the end
of the day, but also provide more income during retirement,
and this creates a less stressful investment experience, especially in
(14:39):
times like this. I like to emphasize and stress stronger
financial understanding. Not only could you have greater wealth, more income,
and a better night's sleep, you should also have a
stronger grasp of your own financial standing. With a strong
(15:05):
retirement plan in place, you're going to know exactly what
you can withdraw from your retirement accounts every month, how
much you need to live comfortably, and how long your
savings is going to last. This is John Heischman, your
(15:25):
host with the Safe Money and Retirement Show. Eight eight
eight four two six zero one seven seven triple eight
four two six zero one seven seven.
Speaker 4 (15:45):
Welcome back to the Safe Money and Retirement Show with
John Heischman. To contact John, the number to call is
one eight eight eight or two six zero one seven seven.
That's one eight eight eight or two six zero one
seven seven Again. Here's John Heisman.
Speaker 1 (16:02):
This is John Heischman. I'm back for the second part
of our show this morning, where I've been discussing the
advantages of the indexed annuity being part of your retirement plan.
They're designed to give the potential for accumulation and also
(16:27):
provide a guaranteed lifetime income. When you turn the income
on that could be immediately or it could be delayed
indefinitely for example, in five or ten years when additional
(16:47):
income is needed. As far as the accumulation benefit, you're
going to have several options to grow the contract values.
At the same time, you're going to lock in the
index performance or growth that it received from the previous year.
(17:11):
Once the growth is accredited to your account, the only
way it can be reduced or go down in value
is if you make withdrawals. For example, income withdrawals. I
like it because it gives you total control over your
(17:35):
plan with the flexibility of generating that additional income. Now,
when you start taking income, you have the potential to
receive income increases. I really like that because we're addressing inflation.
(17:59):
While you're receiving income, you're still accumulating growth. So I'll
give you an example. If you withdraw five percent for
income and you earn five percent in growth, you've replaced
(18:19):
the income withdrawals that you took. It also has the
potential for higher gains, which I've seen much higher in
the past. For example, let's say there's a year where
you get eight percent maybe nine percent growth. Your growth
is more than what you took out using that five
(18:41):
percent withdrawal rate. And when I talk about the gains
or the growth the money that is in your account.
It's not invested in the stock market, so you're not
going to lose anything during a market down. Turn to
(19:01):
be honest, in a bad year, there could be a
situation where your gains are one percent, two percent, or
the worst case scenario, zero percent. And of course in
that situation, that's where zero is your friend. Point being
you'll never lose a dime. Once per year, on your
(19:25):
anniversary date, you're going to have the option to reallocate
the accumulation value into different strategies. Now, these different strategies
could be tied to the S and P five hundred index,
the Nasdaq, the Dow Jones, or the Russell and repositioned
(19:50):
once per year. And because the growth is tied to
the growth of an index, no stocks, that's how the
companies can guarantee you'll never lose a dime. Part of
my job is to study and use a little bit
of strategy to advise which indexes should be used in
(20:14):
a given year. Now, this may sound a little bit complicated,
but it's really not. Once this concept is explained to you,
you'll see just how easy it is to understand the
index annuity. My job is to explain that and educate
(20:39):
you and possibly see if it should be a part
of your retirement plan, and if it should not be.
I'll be the first to say you don't need this. However,
if a portion should be mainly focusing on income, if
you're in retire I'm going to point out how it
(21:02):
could be to your advantage. Eight eight eight four to
two six zero one seven seven triple eight four to
two six zero one seven seven give me a call.
Many of you already have taken advantage of the indextinuity
(21:25):
and it's become part of your retirement portfolio. Those that haven't,
I'd love to talk to you. I want to go
back and touch on what I talked about a little
bit ago about how your income can increase. Remember I
mentioned the different index options that are available every time
(21:51):
your chosen allocation, whether it's in the S and P
five hundred or the Nasdaq, or the US or the Dow,
when it earns interest, your income can increase based on
the increase that you've received from these indexes. It's a
(22:16):
great way to address the rising cost of living over
a long retirement period. Another advantage when we're talking about
increased income. Each time your income goes up, it's locked in.
(22:37):
Now your income goes up from these increases in the
index that I referred to, your income withdrawals go up,
and that amount becomes your new baseline. As you continue
into retirement, your lifetime income amount cannot It can only
(23:01):
stay steady or it has the potential to increase. As
far as a death benefit, of course, the income would
stop and the full account value would be paid to
the beneficiary. So I'm looking at how this is going
(23:28):
to benefit my client and their beneficiary. I want to
be able to provide an increasing income for their future
in retirement, and I also want to grow the account
because that has several advantages, one being if the client
(23:52):
wants to stop taking income for whatever reason, there's that
accumulated value and providing a strong death benefit for the beneficiary.
Indexinuities are used quite often for individual retirement accounts, and
(24:15):
over the past I would say six to seven years,
I have seen an enormous amount of four oh one
k's that roll over two iras going into this type
of plan, and speaking of iras and those of you
(24:36):
that are getting ready to roll over your four to
oh one ks. You really need to take a strong
look at these benefits. I also want you to take
a look at the book I sponsor, Top ten IRA Mistakes.
(24:57):
It will provide information about index annuities and what you
need to look for in preventing potential mistakes in your
IRA accounts and when you roll over a four to
AH one K or any other qualified retirement account to
(25:19):
an IRA. It's a complementary copy. There are no strings attached,
no obligations. Just let me know if you would like
a copy, and I will also include the benefits of
the indexed annuity along with that. As I mentioned earlier
(25:40):
in the show, it is very consumer friendly. It's about
twelve pages. It's a good read and a tremendous educational piece.
Ad A eight eight four to two six zero one
seven seven. I'll repeat that Ada eight four two six
(26:02):
zero one seven seven. Thank you for tuning in this morning.
I do appreciate that and encourage you to tune in
next week the same time. This is your host, John
Heischman with the Safe Money and Retirement Show.
Speaker 3 (26:21):
The Safe Money and Retirement Show, John Heisman Senior. To
get in touch with John, call one eight four two
six zero one seven seven. That's one triple eight four
two six zero one seven seven. For more information about
Heisman Financial Services, visit their website heisman FS dot com.
Speaker 2 (26:42):
That's h E I S C h M A n
f S dot com.
Speaker 3 (26:49):
Join us again next time for the Safe Money and
Retirement Show with John Heisman Senior
People really don't know what their expenses will because they
don't know how long that they're going to live. The
Americans are worried they won't have enough safe for retirement.
Now more than ever, retirement's going to cost for many
folks over a million dollars.
Speaker 2 (00:14):
He is no short thing in investing, but a lot
of people think that annuities may come close to that.
It's going to more safe, safe, safe, safe things that
they know. If they know they're going to need that
money to supplement the retirement, well then you can't play
that rest.
Speaker 3 (00:27):
This is the Safe Money and Retirement Show. But John
Heischman Senior, Founder and partner of Heisman Financial Services serving
the Columbus and surrounding areas. John specializes in educating pre
retirees and retirees about safe money strategies and ideas. Now
is the Safe Money and Retirement Show. Here's John Heischman, Senior.
Speaker 1 (00:48):
This is a safe Money and retirement show brought to
you by your host, John Heischmann. Thanks for joining me.
As with every show, I try to bring you information,
education ideas on how to have a more secure retirement plan.
(01:14):
Before I get started, I want to give you the
number to call with your questions or to schedule a
meeting with me, either in person or we can do
a conference, a telephone call, whatever works best for you.
And throughout the show, I will offer books, articles and
(01:38):
information about what I discuss on the Safe Money and
Retirement Show. So write this number down eight eight eight
four two six zero one seven seven triple eight four
two six zero one seven seven. I'll repeat it again
(01:59):
throughout the show. But I wanted to get that to
you before I get into the topic of this morning show.
I talk about retirement planning income planning, as does many
other shows articles, but many times what isn't discussed prior
(02:24):
to a meeting or a call is the funding method
for your retirement plan. In other words, where are you
going to place your money that's going to generate an
income for you at retirement? And I'm talking about an
(02:45):
income on and above Social Security if you're fortunate enough
to have a pension. So where are we going to
place these funds for growth and income immediately or later
in retirement? As mentioned, there's a lot of different options,
(03:10):
and the option that is best for you may not
be best for your neighbor. You see, it's about risk tolerance.
How much risk can you tolerate in retirement? And believe me,
it's all over the board. One of the reasons that
(03:35):
our firm, Heishman Financial Services has always been independent is
that we are able to provide our clients with the
right funding plan, meaning is your money going to be
(03:56):
all at risk or is it going to be all
protected in safe money? Going one step further, which we
see the majority of the time is a combination part
at risk, part safe and protected. But the question is
(04:19):
how much is that fifty to fifty? Is that sixty forty,
seventy thirty. Once again, it's based on your risk tolerance
and how much has to be placed in a strategy
that is going to give you additional retirement income. Now,
(04:40):
when I say additional retirement income, which many of my
regular listeners has heard me say over the years, I'm
referring to guaranteed income. When you trigger that additional income,
doesn't it make sense that that source of income is
(05:04):
going to be guaranteed for the rest of your life.
It's an additional pension. It's not defined as a pension
like the pension you would have from your employment. It
is establishing your own private pension plan that you know
(05:26):
that money's going to be there the rest of your retirement,
the rest of your life obviously, so as you prepare
or if you're in retirement, you want control over how
you create those sources of guaranteed income. Along with that,
(05:47):
we want to make sure that you have the flexibility
to adapt if your income needs change. In my opinion
and many others in our industry, feel that the fixed
indexed annuity it's also referred to as an FIA, is
(06:12):
a simple contract between you and an insurance company. The
fixed index annuity is designed to help you accumulate money
for retirement and also provide guaranteed income after you retire.
(06:35):
Let me talk about some of the benefits that this
plan offers, which include the opportunity to earn interest based
on a market index, the S and P five hundred,
the nasdeck, the Dow Jones, the Russell, and so forth,
(06:58):
with tax deferred growth income options, and a death benefit
option for your beneficiaries. One of the big attractions to
this plan is that it has principle protection, meaning it's
(07:20):
guaranteed as a no loss product as far as your
money from market downturns. I think this is why the
FIA is an ideal plan when a client wants growth,
(07:42):
wants to earn interest, no risk whatsoever, and establish the
option for a guaranteed lifetime income. The popularity of the
index stinuity over the last ten years plus has actually
(08:03):
become overwhelming. People are starting to learn and hear about
this retirement planning concept. One of the reasons that more
people are being educated about the indextenuity is advisors are
(08:25):
realizing the importance of this concept in retirement planning. It
always used to be the normal was stocks, bonds, mutual funds,
brokerage accounts, variable products, which are very important as well. However,
(08:49):
risk tolerance tests will indicate that there are many people
that go into retirement or are retired that don't want risk.
Advisors have to understand that which they do and in
(09:09):
the right situation, they're using this product strictly for those points.
I have made the guaranteed income, the guarantee of no loss,
no risk, and the potential for above average rate returns.
(09:32):
I'm going to continue with more information after the break,
but I want to give you an opportunity to call
and request a brochure that one of the companies we
work with have put together information about the indextinuity. It's
(09:55):
about twelve pages, very well doubt and I'd like for
all my listeners to have a copy. There is no cost,
there's no obligation. I just feel that strongly about incorporating
part of your retirement assets into a plan like this.
(10:17):
Aightaight eight four two six zero one seven seven again
triple eight four two six zero one seventy seven. Be
sure to visit our website HEISHMANNFS dot com and that
is spelled h EI s ch M a n f
(10:44):
S dot com. Stay tuned for the second part of
the Safe Money and Retirement Show this morning. I'll return
after the break.
Speaker 4 (10:56):
Thanks for listening to the Safe Money and Retirement Show
with John Heisman. For more information, call one eight eight
eight or two six zero one seventy seven. That's one
eight eight eight or two six zero one seven to seven,
or visit their website at HEISCHMANFS dot com. More of
the Safe Money and Retirement Show in a moment.
Speaker 1 (11:23):
Avoiding mistakes can save owners of iras four to oh
one KS and TSP plans, as well as other retirement
plans of fortune in taxes, penalties, fees and loads. These
potential mistakes are addressed in the free book entitled Top
(11:48):
ten IRA Mistakes. This is John Heischmann from the Safe
Money and Retirement Show, offering a complimentary copy by calling
eight eight eight four two six zero one seven seven Again,
that's triple eight four two six zero one seven seven.
Speaker 2 (12:17):
Life expectancy is at all time highs, so that means
you've got a future to plan for at any age.
If you have longevity in your family tree, then you
need financial education from someone with the experience and knowledge
to guide you into and through your retirement years. John
Heischman and the folks at Heishman Financial Services are committed
to helping you achieve your retirement goals with a low
(12:38):
key and trustworthy approach. Call Heischman Financial Services today to
get started on your retirement future. Call one triple eight
four two six zero one seven seven. That's one eight
eight eight four two six zero one seven seven. Heishman
Financial Services has your future in mind.
Speaker 4 (13:02):
All right, your retirement funds. I need you to get
with the program and work even harder for me. Give
me all you've got. That's it. I'm gonna need more
from you than that. If I'm ever going to retire.
Is your retirement plan not going as planned? Contact Heisman
Financial Services at one eight eight eight four two six
(13:23):
zero one seven seven. Get it back on track and
working harder for your future. At Heischman Financial Services, they
understand that individuals and couples have their own unique circumstances
that need to be considered in order to achieve a
safe and successful retirement plan. Heischman Financial Services offers a
no cost, no obligation discussion of your circumstances and plans.
(13:46):
Call one eight eight eight four two six zero one
seven seven that's one eight eight eight four to two
six zero one seven seven for Heischman Financial Services or
visit their website at HEISCHMANFS dot com. That's www dot
Heishman FS dot com. Get your retirement funds working harder
(14:06):
for you with Heishman Financial Services one eight eight eight
four two six zero one seven seven.
Speaker 1 (14:16):
The goals of good retirement planning are to help each
individual to end up with more money at the end
of the day, but also provide more income during retirement,
and this creates a less stressful investment experience, especially in
(14:39):
times like this. I like to emphasize and stress stronger
financial understanding. Not only could you have greater wealth, more income,
and a better night's sleep, you should also have a
stronger grasp of your own financial standing. With a strong
(15:05):
retirement plan in place, you're going to know exactly what
you can withdraw from your retirement accounts every month, how
much you need to live comfortably, and how long your
savings is going to last. This is John Heischman, your
(15:25):
host with the Safe Money and Retirement Show. Eight eight
eight four two six zero one seven seven triple eight
four two six zero one seven seven.
Speaker 4 (15:45):
Welcome back to the Safe Money and Retirement Show with
John Heischman. To contact John, the number to call is
one eight eight eight or two six zero one seven seven.
That's one eight eight eight or two six zero one
seven seven Again. Here's John Heisman.
Speaker 1 (16:02):
This is John Heischman. I'm back for the second part
of our show this morning, where I've been discussing the
advantages of the indexed annuity being part of your retirement plan.
They're designed to give the potential for accumulation and also
(16:27):
provide a guaranteed lifetime income. When you turn the income
on that could be immediately or it could be delayed
indefinitely for example, in five or ten years when additional
(16:47):
income is needed. As far as the accumulation benefit, you're
going to have several options to grow the contract values.
At the same time, you're going to lock in the
index performance or growth that it received from the previous year.
(17:11):
Once the growth is accredited to your account, the only
way it can be reduced or go down in value
is if you make withdrawals. For example, income withdrawals. I
like it because it gives you total control over your
(17:35):
plan with the flexibility of generating that additional income. Now,
when you start taking income, you have the potential to
receive income increases. I really like that because we're addressing inflation.
(17:59):
While you're receiving income, you're still accumulating growth. So I'll
give you an example. If you withdraw five percent for
income and you earn five percent in growth, you've replaced
(18:19):
the income withdrawals that you took. It also has the
potential for higher gains, which I've seen much higher in
the past. For example, let's say there's a year where
you get eight percent maybe nine percent growth. Your growth
is more than what you took out using that five
(18:41):
percent withdrawal rate. And when I talk about the gains
or the growth the money that is in your account.
It's not invested in the stock market, so you're not
going to lose anything during a market down. Turn to
(19:01):
be honest, in a bad year, there could be a
situation where your gains are one percent, two percent, or
the worst case scenario, zero percent. And of course in
that situation, that's where zero is your friend. Point being
you'll never lose a dime. Once per year, on your
(19:25):
anniversary date, you're going to have the option to reallocate
the accumulation value into different strategies. Now, these different strategies
could be tied to the S and P five hundred index,
the Nasdaq, the Dow Jones, or the Russell and repositioned
(19:50):
once per year. And because the growth is tied to
the growth of an index, no stocks, that's how the
companies can guarantee you'll never lose a dime. Part of
my job is to study and use a little bit
of strategy to advise which indexes should be used in
(20:14):
a given year. Now, this may sound a little bit complicated,
but it's really not. Once this concept is explained to you,
you'll see just how easy it is to understand the
index annuity. My job is to explain that and educate
(20:39):
you and possibly see if it should be a part
of your retirement plan, and if it should not be.
I'll be the first to say you don't need this. However,
if a portion should be mainly focusing on income, if
you're in retire I'm going to point out how it
(21:02):
could be to your advantage. Eight eight eight four to
two six zero one seven seven triple eight four to
two six zero one seven seven give me a call.
Many of you already have taken advantage of the indextinuity
(21:25):
and it's become part of your retirement portfolio. Those that haven't,
I'd love to talk to you. I want to go
back and touch on what I talked about a little
bit ago about how your income can increase. Remember I
mentioned the different index options that are available every time
(21:51):
your chosen allocation, whether it's in the S and P
five hundred or the Nasdaq, or the US or the Dow,
when it earns interest, your income can increase based on
the increase that you've received from these indexes. It's a
(22:16):
great way to address the rising cost of living over
a long retirement period. Another advantage when we're talking about
increased income. Each time your income goes up, it's locked in.
(22:37):
Now your income goes up from these increases in the
index that I referred to, your income withdrawals go up,
and that amount becomes your new baseline. As you continue
into retirement, your lifetime income amount cannot It can only
(23:01):
stay steady or it has the potential to increase. As
far as a death benefit, of course, the income would
stop and the full account value would be paid to
the beneficiary. So I'm looking at how this is going
(23:28):
to benefit my client and their beneficiary. I want to
be able to provide an increasing income for their future
in retirement, and I also want to grow the account
because that has several advantages, one being if the client
(23:52):
wants to stop taking income for whatever reason, there's that
accumulated value and providing a strong death benefit for the beneficiary.
Indexinuities are used quite often for individual retirement accounts, and
(24:15):
over the past I would say six to seven years,
I have seen an enormous amount of four oh one
k's that roll over two iras going into this type
of plan, and speaking of iras and those of you
(24:36):
that are getting ready to roll over your four to
oh one ks. You really need to take a strong
look at these benefits. I also want you to take
a look at the book I sponsor, Top ten IRA Mistakes.
(24:57):
It will provide information about index annuities and what you
need to look for in preventing potential mistakes in your
IRA accounts and when you roll over a four to
AH one K or any other qualified retirement account to
(25:19):
an IRA. It's a complementary copy. There are no strings attached,
no obligations. Just let me know if you would like
a copy, and I will also include the benefits of
the indexed annuity along with that. As I mentioned earlier
(25:40):
in the show, it is very consumer friendly. It's about
twelve pages. It's a good read and a tremendous educational piece.
Ad A eight eight four to two six zero one
seven seven. I'll repeat that Ada eight four two six
(26:02):
zero one seven seven. Thank you for tuning in this morning.
I do appreciate that and encourage you to tune in
next week the same time. This is your host, John
Heischman with the Safe Money and Retirement Show.
Speaker 3 (26:21):
The Safe Money and Retirement Show, John Heisman Senior. To
get in touch with John, call one eight four two
six zero one seven seven. That's one triple eight four
two six zero one seven seven. For more information about
Heisman Financial Services, visit their website heisman FS dot com.
Speaker 2 (26:42):
That's h E I S C h M A n
f S dot com.
Speaker 3 (26:49):
Join us again next time for the Safe Money and
Retirement Show with John Heisman Senior
Popular Podcasts
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com