Archives for Blog Posts

Facts about Retirement from Shurwest. Topic: Pensions.

The shift from our rural, agrarian economy to a full-fledged Industrial Revolution began in the mid-1800s and was accelerating rapidly by the turn of the 20th century in the United States. In the beginning of our nation’s history, homesteaders or farmers might make money or barter when they produced more than they consumed. Retirement wasn’t an option…or even a concept. Most people worked the land their entire lives and had large families with lots of children to help out. With increasing populations flocking to cities to work for companies and factories—usually for one company their entire life—compensation and retirement became
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Categories: Blog Posts.

Award-winning FIA Available through Shurwest

Shurwest is proud to be one of the few IMOs in the U.S. that gives our financial-advisor partners access to the award-winning fixed indexed annuities (FIA)s available through Annexus. Yet another award was handed out May 20, 2016. This one to J.P. Morgan for “Deal of the Year” at the Structured Products Americas Awards. The J.P. Morgan MOZAIC℠ Index (USD) offers the opportunity for FIA growth using a diverse group of global asset classes and a monthly rebalancing process to help reduce risk, and leverage positive momentum. Read the complete story here:  finance.yahoo.com More about Annexus Founded in 2006, Annexus has
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Categories: Blog Posts and News.

Baby Boomers and Retirement Readiness

Every year the Insurance Retirement Institute (IRI) polls American baby boomers on their views on retirement. The findings are always eye-opening and may help you support your suggestions during client conversations. To read the full study, which polled 803 adults age 52 to 68, see the link below. What we learned: Boomers are increasingly pessimistic, as these gloomy 2015 results show. For instance, economic life satisfaction dropped precipitously, especially among retirees. Many report struggling with retirement and financial issues: Only 60% of boomers have saved money for retirement, down sharply from prior years when as many as 80% had retirement
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Categories: Blog Posts.

Financial Independence Day

The month of July starts off with a literal bang on the 4th when we celebrate Independence Day as a nation. Being independent is defined as “being free from the control, influence, support or aid of others.” The definition of financial independence generally describes “the state of having sufficient wealth and income to pay for necessities, without actually having to work.” But different people have different ideas about what is sufficient in terms of wealth, and what are necessary expenses versus lifestyle choices. To help your clients create financial independence, one of the first things you may do is find
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Categories: Blog Posts.

Benefits of Fixed Indexed Annuities (FIAs)

An insurance product with an investment element Tony Robbins’ 2014 book Money: Master the Game sparked increasing consumer interest in fixed indexed annuities (FIAs). Sales of FIAs in the U.S. were a record $53 billion in 2015, 13 percent above 2014 sales, according to Wink’s Sales & Market Report. FIAs have also attracted the attention of brokers looking to expand their solutions beyond stocks, bonds and funds. Here are some top reasons people are making FIAs part of their portfolios and retirement plans: Transforming savings into income. When you purchase an annuity, you are exchanging a lump sum for an
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Categories: Blog Posts.

Fixed Indexed Annuities Step Up As Bond Prices Go Down

(Annuity FYI) Increasing interest rates are good for some investments, but those who invest in bonds are looking for alternatives as interest rates increase.  In Marketwatch’s “Fixed-index annuities as bonds alternatives?,” Robert Klein talks about how an increase in interest rates almost always means a decrease in bond prices.  The 10-year U.S. Treasury index level of 2.83% was a 52 week high and an 84% increase from last year at this time.  The U.S. Aggregate Bond Trust had large increases two years in a row, but is down more than 3% this year.  Dividend stocks are an alternate way to
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Categories: Blog Posts.

Fixing The Fiduciary Standard Rule Proposal To Truly Protect Investors

(Daily Caller) The best intentions sometimes yield the worst regulatory policies — just ask anyone who has spent significant time in our nation’s capital. The federal government often develops well-intentioned policies that only result in a bureaucratic morass. Unfortunately, the Obama administration is once again headed down that flawed path. If the Department of Labor (DOL) implements its proposed fiduciary standard under the Employee Retirement Income Security Act, millions of Americans with Individual Retirement Accounts (IRAs) and 401k plans will have their access to financial advice and investment options drastically limited by the government. Like many of my investment sector
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Categories: Blog Posts.

Shurwest to launch advisor mobile application in September

Shurwest is excited to announce the launch of its Advisor Mobile Application in September. The app will include exclusive practice management training, interviews with top advisors who reveal their success strategies and more.  Advisors will also receive important industry news and product updates through push notifications directly from Shurwest. This new tool is free to all writing advisors and available in the Apple & Google Play stores.  
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Categories: Blog Posts.