Jim Otar Annuities

© Copyright Jim Otar 2006 Page 1 Variable Annuities – Part 4 of 5 Variable annuities with Guaranteed Minimum Withdrawal Benefits (GMWB) are making ... Access Doc

How Much Is Enough?
Work done by Jim Otar using US data suggests investors should spend only 4% of capital in the first year of retirement beginning at age 65 (25 times). You can also use this to test out the competitiveness of lifetime annuities, where available. If an institution will ... View Full Source

Retirement Planning: Your Largest Liability In The Making
By Jim Otar Last time I spoke to a group of financial professionals about advanced retirement planning, I asked a simple question: annuities. Don’t let your clients’ retirement dreams turn into retirement nightmares. ... Read Here

Retirement Income Redesigned: Master Plans For Distribution
Jim C. Otar Prof. Cynthia Saltzman Robert Curtis April K. Caudill Prof. Moshe A. Milevsky Anna Abaimova Harold Evensky Prof. Laurence Booth William P. Bengen • Annuities • Conundrum • Ironically, the managing of most risks requires maintaining ... Access Doc

Variablenuities An Primer - Advisor.ca | Insurance ...
Variable annuities (with or with-out GMWB) in the U.S. reached $128 billion, of which 69% of all sales had the GMWB rider. The total assets in variable annuities were Jim Otar, CMT, CFP, is a financial planner, a professional engineer, a market ... Retrieve Content

4Q12 Transamerica Retirement Income Max - Transamerica ...
Income Annuities. Deferred Variable Annuity with Guaranteed Income (GMWB) – “How Much to Allocate to Annuities?,” ”says Jim Otar, engineer and CFP from Thornhill, Ontario. – “Which Way to Retirement?” Wall Street Journal, August 12, 2011. ... Fetch Here

3Q12 Transamerica Retirement Income Choice 1.6
Income Annuities. Deferred Variable Annuity with Guaranteed Income (GMWB) – “How Much to Allocate to Annuities?,” ”says Jim Otar, engineer and CFP from Thornhill, Ontario. – “Which Way to Retirement?” Wall Street Journal, August 12, 2011. ... Retrieve Document

Time Value Of Fluctuations - Welcome To FinancialCounsel.com ...
Should definitely look into life annuities at this point in his life. The Root Causes of Time Value of Fluctuations © Copyright Jim Otar 2006 Page 6 The next size of waves is the cyclical trends. Generally, they have a period of four or five ... View Document

Breaking Ground In Retirement Strategies - Thrive Income
Jim Otar doesn't much care what you think. As the Canadian financial adviser likes to say in his eastern-Balkan income annuities. He offered an early edition for free online in August, but the number of requests for downloads overwhelmed the server. ... Read Full Source

© Copyright Jim Otar 2006 Page 1 Variable Annuities – Part 2 of 5 Variable annuities with Guaranteed Minimum Withdrawal Benefits (GMWB) are making ... Get Document

2012 NAPFA EAST CONFERENCE AT GLANCE PROGRAM AGENDA November ...
Jim Otar Creating YOUR Ideal Financial Insurance, Annuities and ... Read Here

Selling Point
Plan for increased longevity with financial products that deliver lifetime payouts, such as annuities. 1.Jim Otar,“Live Long and Prosper,” Financial Planning , July 2002. 2.Gordon B.Pye,Ph.D.,“Adjusting Withdrawal Rates for Taxes ... Read Document

Avoid annuities! Worst Investment Product Ever! - YouTube
Retirement theorists have supported this approach including Walter Updegrave (of CNN), Moshe Milevski; Jim Otar; and Wade Pfau. Annuities are LONG-TERM investments that are meant to be held for MANY YEARS -- not 5 years. ... View Video

Annuity Bonuses - Advisor.ca | Insurance, Investments ...
Able annuities in Canada. I found great satisfaction that I was able to answer some of my questions. I by jim otAr guest column Starting Steve’s Jane’s Benefit of Year Portfolio Portfolio VA-GMWB 1919 $253,357 $174,978 -$78,379 ... Retrieve Doc

Annuities Moshe Milevsky

Lifetime Financial Advice: Human Capital, Asset Allocation ...
Moshe A. Milevsky is an associate professor of finance at the Schulich School of Business, York University, and the executive director of the IFID Centre in Toronto. annuities, they can play a significant role in many investors’ retirement portfolios. ... Read Document

Term!Structure!of!Longevity;Contingent!Claims ...
Moshe&A.&Milevsky&!! ! 1! Term!Structure!of!Longevity;Contingent!Claims:WhatdotheyPayToday ?!!! Language!is!important,!and!when!itcomes!to!life!annuities!the!terminology!can!be!rather! confusing.!There!are!two!differing!ways!to!describe!the!“cost”!of!alife!annuity.!One!can!talk! ... View Full Source

Longevity Risk And Life Annuities - Welcome To The Individual ...
Longevity Risk and Life Annuities: Moshe A. Milevsky1 Version: 20 November 2006 1Milevsky is an Associate Professor of Finance at York University and Executive Director of the IFID Centre in Toronto, Canada. He can be reached via email at: milevsky@yorku.ca, or at ... Access This Document

Sequence Of Returns Risk Misunderstood By Many Retirees
Annuities; Careers in Later Life; Insurance; Before Retirement; After Retirement; Interpreting the News; Money Over 55. About.com; Money; Money Over 55; How to Invest; Investment Income; Sequence of Returns Risk Misunderstood by Many Retirees; Advertise on About.com; Our Story; News & Events; SiteMap; ... Read Article

4Q12 Transamerica Retirement Income Max - Transamerica ...
– “How Much to Allocate to Annuities?,” Moshe A. Milevsky, PhD. Research Magazine, August 2009. Today’s Retiree. You may be utilizing many of these products in an effort to protect your retirement savings. ... Access Document

WEDNESDAY, JULY 22, 2009 Long Derided, This Investment Now ...
Variable annuities have turned out to beasmart buy for many investors. Hereare some key considerations: The issuer is on the Critics included Moshe Milevsky, a finance professor at the Schulich School of Business at York University in Toronto, ... View Document

Mark Cortazzo In The Market For Variable Annuities: An ...
Prudential Annuities Moshe Milevsky, PhD Tenured Professor, York University Scott DeMonte Director of Variable Annuities, Financial Research Corp. Elizabeth Forget Senior Vice President, Individual Annuities, MetLife Terry Mullen President, Sun Life Financial ... Access Full Source

Variable Annuities Newsweek Article
Nor "fixed annuities" that pay a set rate of interest. Nor says annuity expert Moshe Milevsky of York University in Toronto. If you specifically intend to turn your VA into a future lifetime income, you might do well by buying now. ... Access Content

Annuities - Welcome To FinancialCounsel.com Investor: Your ...
Annuities by Craig J. McCann, PhD, CFA and Kaye A. Thomas1 Tax-deferred variable annuities (hereafter “annuities”) are contracts with insurance 13 See Milevsky, Moshe Arye and Steven E. Posner, “The Titanic Option: Valuation of the Guaranteed ... Fetch This Document

BMO Retirement Institute Connecting Insights Issue 1 ...
Found that lifetime annuities can fund a secure retirement with lump says Moshe A. Milevsky, Associate professor at the schulich school of Business, York university, and a member of the BMO Bank of Montreal Advisory Council on retirement. ... Fetch Here

The Implied Longevity Yield: A Note On Developing An Index ...
A Note on Developing an Index for Life Annuities Moshe A. Milevsky1 York University and The IFID Centre Toronto, Ontario, Canada 15 September 2004 1Moshe A. Milevsky is an associate professor of –nance at the Schulich School of Business at ... Access Doc

Asset Allocation And Annuity-Purchase Strategies To Minimize ...
Moshe A. Milevsky 1 Kristen S. Moore 2 Virginia R. Young 3 If life annuities are available, an investor with wealth $1 can purchase a life annuity to provide the desired income c = λ+ r; therefore, the probability of lifetime is zero ... Visit Document

Annuities: Beyond The Sales Pitch - Glenn S. Daily - Fee-only ...
C. Keep annuities that have an above-market guaranteed interest rate. Consider putting more Summer 2005; Moshe A. Milevsky and Anna Abaimova, “Variable Payout Annuities with Downside Protection: How to Replace the Lost Longevity Insurance in DC ... Access This Document

YOUR MONEY SUNDAY,JANUARY25,2009 A Question Of Risk
Annuities are declining, reversing years of growth, their most popular feature remains guaranteed withdraw- pected costs, said Moshe Milevsky, an annuity expert and finance professor at York University in Toronto, who has warned the industry that the ... Document Retrieval

How!is!Life!Annuity!Income!Taxed?!Is!it!Economically!Neutral?!!
Than!death!and!taxes.!And!in!fact,!life!annuities!are!agreatexample!of!both!certainties.!The! income!will!eventually!end!upon!the!death&of!the!annuitant,!and!the!same!income!will!indeed Moshe A. Milevsky Created Date: ... Fetch This Document

Variablenuities An Primer - Advisor.ca | Insurance ...
Variable annuities (with or with-out GMWB) in the U.S. reached $128 billion, of which 69% of all sales had the GMWB rider. The Moshe Milevsky, a professor of finance at York University’s Schulich School of Business and the direc- ... Fetch Doc

Real Longevity Insurance With A Deductible:Introduction To ...
Indeed, the raison d'être of life-contingent annuities is the acquisition of mortality credits, which at advanced ages are substantial and unavailable from any competing asset class. During the early years of retirement—when most Moshe Arye Milevsky ... Retrieve Document

Merging Asset Allocation And Longevity Insurance: An Optimal ...
An Optimal Perspective on Payout Annuities Peng Chen1 Moshe A. Milevsky2 Date: February 20, 2003 Abstract within annuities.These include the work by Milevsky (2000, 2001), Kapur and Orszag (1999), and Blake, Cairns and Dowd (2000). ... Fetch Full Source

Should Annuities Be Part Of Your Retirement Portfolio?
Should Annuities Be Part Of Your Retirement Portfolio? By Daryl Liew, Specialist Consultant A recent study by Dr Peng Chen and Dr Moshe Milevsky however has raised questions on the effectiveness of this theory when applied to individuals in the retirement phase of their lifecycle. ... Retrieve Full Source

Annuities At Wells Fargo

Raymond Gonzalez: Deciphering The Many Features Of Annuity Investments
Many retirees and pre-retirees have accumulated their retirement nest egg through equity investing, and they often want to continue with these investments during retirement. Many times, however, they find that their tolerance for risk and market volatility is not what it used to be. ... Read News

As A Starting Point For Reference, We Collect: TYPES OF MATERIALS
HSBC Wells Fargo Sears Credit Card GEICO Progressive State Farm Chase Bank of America Old Navy Credit Card AAA Farmers GMAC AT&T Comcast: Time Warner Aetna: Annuities/Investment Banking : Auto/Property Insurance Credit Card : Banking & Loan ... Fetch Full Source

Balancing Longevity Risk And IN THIS REPORT Market Risk: The ...
Wells Fargo Funds Management, LLC, An Optimal Perspective on Payout Annuities,” by Peng Chen, Ph.D., and Moshe A. Milevsky, Ph.D., Journal of Financial Planning, June 2003, pp. 52–62 advocates the use of payout annuities to mitigate against longevity risk. ... Retrieve Doc

RBC Insurance At A Glance
> Traditional Annuities > Index Annuities > Life Insurance 2 Wells Fargo $172 3 JP Morgan $169 4 Citigroup $125 5 Royal Bank of Canada $86 6 Goldman Sachs $79 7 Toronto Dominion Bank $64 8 American Express $55 9 ... Read Document

Homeowner Assistance Form Before You Complete This Form,
Pensions, annuities or retirement plans Car payments, including car lease payments $ Other cash on hand $ Tips, commissions and bonus income $ Car insurance/ gas/ maintenance $ Other real estate (estimated value) $ Self-employment income $ ... Document Viewer

Trustee Certification Of Investment Powers
I. Annuities J. Margin Transactions (Including Short Sales) K. Other: Level 1 – Covered Call Writing Level 2 – Covered Call Writing, Buying Puts Against Long Positions (Married Puts) or Put Writing Against Full Deposit Wells Fargo Advisors, LLC. ... Fetch Doc

THE PRUDENTIAL SERIES FUND
Wells Fargo & Co. .. 1,116,884 30,781,323 49,341,144 Computers & Peripherals — 1.2% Apple, Inc.* .. 37,767 15,295,635 Consumer Finance — 2.8% American Express Co. .. 430,425 20,303,147 SLM Corp ... Retrieve Full Source

STATE OF NEW HAMPSHIRE INSURANCE DEPARTMENT And Seniors ...
Business; whether Respondents sold annuities to consumers that were unsuitable for those consumers; and whether Respondents complied with New Hampshire’s insurance Wells Fargo. The evidence established that at the time Mr. and Mrs. Bemis applied for ... Document Viewer

Annuity Suitability Training Courses - Nebraska Department Of ...
Annuities (Meets NAIC 2010 Suitability Guidelines) 29842 InsuranceStudy.com Ed Zurek 866/339-3900 Wells Fargo Annuity Training Course 21929 Kaplan Financial Education Steve Jensen 608/779-5599 ext. 2975 ... Read Full Source

4Q Quarterly Fund Facts
Wells Fargo & Co 2.98 Chevron Corp 2.92 AT&T, Inc 2.86 General Electric Co 2.77 Holdings are subject to change and are not recommendations to buy or sell a security. Variable annuities are subject to investment risk, including possible loss of principal. ... Fetch Here

Prudential Online Account Access Terms And Conditions
Wells Fargo & Company has authorized all references to any Wells Fargo company on this website. Account Data Access. For products where Prudential provides regular account statements through the mail or annuitized contracts or immediate annuities, and Bank ... Retrieve Doc

EQUI-VEST Express Mail: AXA Equitable SM EQUI-VEST Express ...
EQ/Wells Fargo Omega Growth (31)1 Fidelity ... Fetch Full Source

Momentum
Premiums, annuities, compensations, remunerations, emoluments, and other fixed or determinable annual or periodical gains, profits, and income if such payment is from sources within the U.S. and any gross proceeds from the Wells Fargo team. ... Retrieve Here

SOUTH CAROLINA DEPARTMENT OF INSURANCE
Annuities, Retirement Planning and Suitability : 09/13/2015 . 800-295-9010 : Correspondence . 5 hrs : Kaplan Financial Education Wells Fargo Annuity Training Course 03/08/2015 608-779-5599 Correspondence 4 hrs ... Access Full Source

CUSTOMER ACCOUNT TRANSFER
A Trust Company, Bank, Credit Union, Savings & Loan, Annuities, Life Insurance, DRIP Plan Shares or Certificates of Deposit Transfer. Liquidate and Transfer Cash. Transfer all assets or shares in my account as is. Wells Fargo Advisors, LLC . 556431 (Rev 17) Page 2 of 2 ... Document Viewer

2012 Connecticut Qualified Annuity Courses - CT.gov Portal
Annuities, Retirement Planning and Suitability; 106272 5; Self Study info@ceu.com 800-295-9010; www.ceu.com Kaplan Financial Education 10199; Wells Fargo Annuity Training Course 106304; 4 Self Study; 800-824-8742 www.kfeducation.com Affordable/Success/Firstchoice/Clientell; 10544 ... Fetch Full Source

Wachovia Securities, LLC, Et Al. (Notice And Temporary Order)
Investment”), Prudential Annuities Distributors, Inc. (“PAD”), Prudential Investment Management Services LLC (“PIMS LLC”), Pruco Life Insurance Company (“Pruco Life”), Wells Fargo Funds Distributor, LLC (“WF Funds Distributor”), Lowry Hill Investment ... Access Doc

Usaa Bill Consolidation Loan | Expert Debt Consolidation
CHAPTER 6 Student Loan ABS Even the popular web siteYouTube.com has seen the posting of numerous comedy skit videos and music videos about these opportunity.0% 0.S. EXHIBIT 3. homeowners often access the Annuities give Frip a Bill Consolidation Wells Fargo; Wachovia Bill ... View Video

Raymond Gonzalez: Deciphering The Annuity Investment
Many retirees and pre-retirees have accumulated their retirement nest egg through equity investing, and they often want to continue with these investments during retirement. Many times, however, they find that their tolerance for risk and market volatility is not what it used to be. ... Read News

Variable Annuities Downside

AXA Equitable Deferred variable annuities At-a-glance
Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured • Downside Protection of 10/20/30% depending on the index and duration selected2 • Equity and/or commodity exposure3 • Tax-deferred participation in the market ... Doc Viewer

Product Guide - IMG, MGA, Wholesaler - Independent Planners ...
Market risk found in variable annuities and stock market investments. Even the most risk-averse client can enjoy the potentially competitive interest rates offered by the SIA series. This is at the expense of providing less downside protection ... Retrieve Document

Annuities: Beyond The Sales Pitch - Glenn S. Daily - Fee-only ...
Summer 2005; Moshe A. Milevsky and Anna Abaimova, “Variable Payout Annuities with Downside Protection: How to Replace the Lost Longevity Insurance in DC Plans,” 2005 (www.ifid.ca); William Reichenstein, “Insured Investment Products: ... Fetch Content

Variable Annuities And Decomposition - Welcome To Q Group
The market of variable annuities has grown tremendously in recent years and has become a significant part of our capital markets. Hedging the Downside Risk – Re-insurance of the Guarantees. We have shown how one can determine the decomposition of the GMIB. ... Access Document

Say Goodbye To The 4% Rule
Can your nest egg last your whole lifetime? It's getting tougher to tell. Conventional wisdom says you can take 4% from your savings the first year of retirement, and then that amount plus more to account ... Read News

VARIABLE ANNUITIES
Variable annuities have become part of the retirement and investment plans of many Americans. There is a downside, however - higher expenses that can outweigh the benefit of the credit offered. Frequently, insurers will charge for your bonus credits in one or more of the following ways: ... Return Document

Variable Annuities - SIAS
Variable annuities (“VA”) have sold extensively in the United States and parts of Asia. the value placed by consumers on downside protection with the possibility of equity growth can be clearly seen. Variable annuities have started to appear in Europe. ... View Doc

The Great annuity Rip -off - Index Funds - DFA Advisors - DFA ...
The great annuity rip -off DO YOU WANT PROOF POSITIVE that investors are irrational? Here it is: Sales of variable annuities went up 16% last year, to $85 billion. ... View This Document

Life Insurance Variable Annuities SUITABILITY
Variable Annuities The variable annuity market has seen extensive growth in recent years, but these products are very complicated and Be sure to disclose the upside and the downside of prod-ucts. Tell them about possible bonus credits that can be ... Read More

The Modern Annuity - Prudential | Retirement, Life Insurance ...
The downside is that, over time, inflation may Variable annuities offered by Prudential Financial Companies are available at an annual cost of 0.65% to 1.65% for mortality, expense and administration fees, with an additional fee related to ... Retrieve Document

EVALUATING EQUITY INDEXED ANNUITIES - Financeware.com ...
The EIA, like the fixed and variable annuity, is an insurance contract between the cli- realize some upside potential not available in fixed annuities while retaining downside protection. It is central to the evaluation of the EIA to recognize that it is not intended ... Document Retrieval

variable annuity Series C
Variable Annuities: • Are Not a Deposit of Any Bank • Are Not FDIC Insured * You are protected from some downside risk; if the negative return is in excess of the Segment Buffer, there is a risk of loss of principal. ... Fetch Doc

Allocation To Variable Annuities With Guaranteed Minimum ...
The research paper Allocation to Variable Annuities with Guaranteed Minimum Withdrawal Benefit: The Australian Perspective, by Ibbotson Associates Australia and is subject to downside risk associated with underlying asset class volatility. The ... Fetch Here

Mark Cortazzo In The Market For Variable Annuities: An ...
Variable Annuities: An Advisor Focus Mark Cortazzo Senior Partner, MACRO Consulting Group Bruce Ferris Senior Vice President, downside risk protection and a lifetime income stream that you cannot outlive. Only a variable annuity can do ... Access Doc

Allocation To Deferred Variable Annuities With GMWB For Life
Market downside risk, and should the investor hold the contract for the rest of their life, the VA+GMWB should provide and variable annuities with guaranteed minimum withdrawal benefits for life creates a powerful retirement income solution that ... Document Viewer

Variable Annuities
Variable annuities and other types of investments, such as mutual funds. 2. Suitability: Make sure an annuity is something you can afford and is an ap- The downside, however, is higher expenses that can outweigh the benefit of the bonus credit offered. ... Document Viewer

WEDNESDAY, JULY 22, 2009 Long Derided, This Investment Now ...
Variable annuities have turned out to beasmart buy for many investors. Hereare some key considerations: The issuer is on the mutual funds with no downside protection,” says Mr. Hamlin. In scaling back the products, many insurers are reducing the ... Read Document

The Modern AnnuiTy - Prudential Annuities
The downside is that, over time, inflation may eat into the buying power of this Variable annuities offered by Prudential Financial companies are available at a total annual insurance cost of 0.55% to 1.85%, with an additional fee ... Get Content Here

Benefits Of Equity Indexed Annuities - Freedom Equity Group.com
Investments Mutual Funds Bonds Variable Annuities Stocks “I want the SAFETY of knowing my money is always protected from market downturns.” Savings participate in a portion of the gains of a market index without exposing your principal or credited interest to direct downside market risk. ... Content Retrieval