Would you like to be selling more annuities? Then learn a few simple presentations to help your clients to see and understand the value using annuities in retirement. You will find simple presentations, like the one below, in our Insurance Marketing and Sales Resource Center™.
In two recent articles on ProducersWeb.com the authors gave a simple but powerful explanation of how, by using an income or single premium immediate annuity, retirees can have more income. (Retirement For Savers and Investors, by Steve Schankerman & The 1 Percent Advantage, by Sean Ruggiero)
To illustrate their point, let’s look at how much money it would take today to generate $10,000 of annual income!
Savers aren’t risk takers; accordingly their focus is mainly on fixed products. The risk for the saver is the uncertainty of future interest rates. Looking at the current average interest rates from Bankrate.com let’s see what lump sum would be required to generate $10,000 of annual income. Continue reading