Ben Stein Talks About Variable Annuities - part 3 | Retirement Planning
Loading...
Loading...
3,533
Loading...
Uploaded by retire4living on Jan 1, 2010
Ben Stein Talks about Variable Annuities Retirement Planning
- 4 likes, 1 dislikes
-
- 2:02
The best advice Warren Buffett ever receivedby yahoo142,352 views
- 1:09
Ask Suze: What's wrong with annuities?by moneymindedmoms16,522 views
- 2:33
Adam Bold: Don't Buy Annuities!by mutualfundstore12,056 views
- 3:05
Ben Stein Talks Retirement - Part 2by NRPC0720,117 views
- 2:33
Index Annuity Scam (The Real Deal)by TheAnnuitycampus1,489 views
- 3:58
Fixed Index Annuities Fundamentalsby PBSworksforme2,658 views
- 8:24
Annuities (part 1)by bethjonesmath14,752 views
- 4:01
The Truth about Fixed Indexed Annuitiesby annuitythinktank38,800 views
- 2:49
Ben Stein Talks Retirement -- Part 1by NRPC0759,837 views
- 2:03
Ask Suze: Where should I open a Roth IRA?by moneymindedmoms11,678 views
- 5:02
Dave Ramsey On Barack Obamaby truthforamerica113,795 views
- 1:24
Suze Orman's Bad Callby angiepgs65,709 views
- 5:35
Roth IRA Conversions: The Secret (Part 1 of a Series)by retiresecure3,299 views
- 8:02
Equity Indexed Annuities SUCKby whitetreemktg2,816 views
- 8:55
The Great Annuity Deceptionby infinityasi4,528 views
- 5:54
Applying Online for Social Security Retirement Benefitsby retire4living1,055 views
- 4:28
Gary Bhojwani - CNBC Squack Box - U.S. retirement outlookby coachpeteannuitysoup3,014 views
- 1:55
Indexed Annuities vs Variable Annuities-1.800.643.7544by robertvegas88314 views
- 7:31
Retirement Planning - The 6 Biggest Hurdlesby BurtWilliamson237 views
You don't have to lock your money up in a long-term commitment like its in prison. Just invest in a conservative portfolio of index fund ETF's, which can be sold at any time without penalties and with much less tax consequences. Watch my video for details. Annuities are terrible investments.
YourInvestmentAdvise 2 months ago
@mw4205 I own a variable annuity (unfortunately). I do know what I'm talking about. Before you turn age 59 1/2 you not only get taxed at the (higher) capital gains rate, but you get penalized to death in taxes. For example a withdrawal in California of $10,000 will take a 17% tax hit. A withdrawal of $40,000 will take a 27% tax hit. Investment advisers conveniently only mention the 10% penalty. They lie! It's much more than 10%.
BladeJones 2 months ago
@BladeJones I'm sorry but you are wrong, most annuities have the option to have 100% liquidity without early withdrawal penalties. I'm not sure what you mean when you say MUCH more taxes, I'm sure you probably don't either. High admin cost is true in most cases, and there is probably an advisor conflict of interest. So I guess you are 1/2 right. Just sayin.....
mw4205 2 months ago
This man is a moron. He missed the crash, he missed the signals, he has no idea how the economy functions and he is a blowhard.
MACKATTACK1970 2 months ago
ben stein is a very very smart man. Its not wise to follow any one persons advice blindly. Better to listen to people much smarter than yourself (like Ben) then discern what is best for you
ebfabulous 4 months ago
ANNUITIES ARE TERRIBLE INVESTMENTS. Why? Lacks liquidity, has early withdrawal penalties and MUCH more taxes than you were led to believe, risk of insolvency, high administrative costs, investment adviser conflict of interest, etc. Research the truth first!
BladeJones 6 months ago
Ben stein is a fake. Don't believe the corporate smart-man. He can not think any better than you.
scottrex33 2 years ago