Traditional FIXED Annuities and Fixed Indexed Annuities are the most boring savings instrument on Earth.

You put your money in and the insurance company credits interest on your money without any of your principal being at risk with the Wall Street brokers who I affectionately refer to as... "the day traders playing stocks like a flea market swap meet." (With your money!)

Since a picture is worth a thousand words I thought I'd visually post the reason why billions of dollars each and every year are poured into FIXED annuities by persons age 70 and above.

For mathematical triva....a 25% loss in one year will require a 47% gain the following year to just break even with a safe investment that's just limping along at 5% per year. A 10% loss will require a 22.5% gain the following year to just break even with a safe investment that's just limping along at 5% per year.

The new section 408(a) plans are not even distant cousins to the old plans of even 5 to 8 years ago.

Okay where's the pics?



Ooops! NOT those pics!!!