Page 51 - Know-So Money, Hope-So Money, Retirement Secrets Wall Street Doesn't Want You to Know

8. “Can I trust an insurance company with my money?”

I find it interesting that people trust insurance companies with insuring
their homes, cars, health and life, but not their nest eggs and future
income (and then they don’t think twice about putting nearly all of their
savings at risk where they not only know they could lose it, but most

often have lost it in the past) If we can feel okay about trusting them
(insurance companies) with all that we do, then shouldn’t we be okay
with having them insure our nest eggs and income? Reread the section
on the Legal Reserve System, and you will see why these contracts are
so safe.

9. “I don’t believe there is enough horsepower in an FIA,
and I can make more in mutual funds.”

We already know that the best way to grow money is to never have to
make up for a loss, even for one year. Adding interest every year that

has been generated from stock market indices, or a bond index or the
fixed account to the highest amount you have ever had, minus your
voluntary withdrawals will compete very favorably over time with a
volatile market that continuously takes back previously-earned gains.

Some people call the first ten years of this century the “Lost Decade”

because many put up the capital, took the risk and had nothing to show
for it. Not annuity owners! If you had been in an FIA for the same
period of time, the story would have been much different and vastly
better. In fact, we had some clients that doubled, or even tripled their
money over that 10-year period. Did you?

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