by Richard E. Reyes, CFP
If I can guarantee you would never be hit by a meteor would you take me up on that guarantee? Some of you might. But if I were to charge you for it, would you still take me up on that offer. Probably not — since the likelihood of getting hit by a meteor is pretty rare. But that is essentially what we are seeing here in the financial services industry with a lot of products especially annuities called the Fixed Indexed Annuity or Variable Annuities with guaranteed benefits are being sold.
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Wealth and Business Planning Group, LLC (The Financial Quarterback™) is a Registered Investment Advisor in the State of Florida that provides Fee Planning and Asset Management. Depending on your state of residence, Wealth and Business Planning Group, LLC (The Financial Quarterback™) may not be able to immediately provide services. For more information go to www.thefinancialqb.com. Richard E. Reyes, CFP is an Investment Advisor and President of Wealth & Business Planning Group, LLC (The Financial Quarterback™).