UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Re: How to make your own annuity on the cheap Date: 1/24/2012 1:56 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
"The insurance carriers can squeeze a 6-8% safe yield* out of their bond and dividend portfolio"

No, they cannot. For new money it simply does not exist.


Sure they can, and it does. The financials are audited & public, you can look them up.

Let's say, for argument's sake, that I am wrong by half of the low end range... and the best carriers only get 3% safe yield on their principal guaranteed portfolios. that still gives them an option budget that will *TRIPLE* the upside capture power of a DIY plan on a 1% CD.

Having said that, I have had direct talks with the trading desks, and reviewed the financials, at the 3 best performing IUL companies I'm aware of, and they are all getting 6.5% - 6.9% yields or better on new money, today.

Its doable. I'm not saying its *EASY* for a DIY'er... but its doable, and it *IS* being done.

Cheers,
Dave Donhoff
Leverage Planner
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement