If Not a 60/40 Portfolio, Then What?
December 19, 2022 by Bill Aldrich
One of the most difficult decisions we face in life involves determining when it’s time to retire. The thought of telling your employer that, after a certain date, you won’t be coming back for another paycheck is nerve-racking. Numerous questions pop into your mind.
Do I have enough saved?
Will my nest egg last?
What happens if I get sick?
What if the stock market tanks?
The list goes on.
Click HERE to read the full story via Kiplinger
Wink’s Note: I can appreciate the spirit of this article.
But I don’t know…if you are saying that indexed annuities are great as an accumulation tool, while your article is consumer-facing, shouldn’t you explicitly say that the gains are limited?
Otherwise, an unknowing consumer might think these products perform like the S&P 500.
Do you feel me on this?
And then you go and talk about caps on buffered ETFs? What in THE world?!?
I don’t think it is enough to cover caps/limited gains in the footnotes, Hollywood. Let’s bring it front-and-center, so we don’t have any more complaints involving indexed annuities.
And oh- in case you are wondering if Kiplinger has suddenly come to Jesus, talking about annuities…there IS this:
“The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way. -sjm