by Michael F. Lane
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| List Price: | $22.95 |
| Average Rating: |  |
| Lowest New Price: | $18.01 |
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Book Description
"One thing is for certain: Variable annuities have become a part of the investment landscape and show no signs of going away."--The Wall Street Journal. The investing public's love of variable annuities has soared so high that The Wall Street Journal started a weekly column on annuities, "Annuity Watch." The reason for the popularity is simple. Variable annuities give investors the opportunity to receive money every year of their life, no matter how long they live. Guaranteed Income for Life explains the benefits of variable annuities. this informative book: Shows specific ways that variable annuities can help investors achieve lifelong financial security; Proves how variable annuities are in many ways superior to more commonly understood mutual funds; Explains the different types of annuities, with tips on how investors can pick the best product for their unique situations.
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Average Customer Review:
7 of 8 people found the following review helpful:
An excellent guide to investing and how the annuity fits in., 1998-11-30
With all the controversies of variable annuities today, Michael does an excellent job of showing the appropriateness of the annuity. The book was written at the basic level for the investor, capturing an informative overview of the many different investment options such as stocks, bonds and mutual funds and how the annuity fits into the investor's overall investment strategy. I would highly recommend this book to all investors!
5 of 5 people found the following review helpful:
A great guide for financial planners and end consumers., 1998-11-25
Having been in this business for 5 years it's nice to find a refreshing look at the real uses of variable annuities and when they make the most sense. Michael is very enlightening in his approach to when a variable annuity makes sense and for whom. He also is very concise in his description of all the factors which contribute to determining the above. In an industry which is muddled with both the pros and cons of variable annuities this book is a straight shot to doing what is in the best interest of the client.
9 of 9 people found the following review helpful:
Excellent book..., 1998-11-24
I've read many different points of view about the value of VAs -- this book explains them clearly. Lane's book shows how tax deferral wroks. He takes you step-by-step so you can see how all the parts relate and why. Read chapters 5 "Suitable Uses of VAs" and ch 18 "Analyzing the Payout" and you will know more than most advisors. Great book congrads.
6 of 6 people found the following review helpful:
Great book for Annuity Buyers, 1998-11-24
I am a novice investor and had no idea what an annuity was. Lane's book gave me the basics of what stocks and bonds were all the way through how to buy and annuity and use it to create a income to last my lifetime. I highly recommend this book.
7 of 8 people found the following review helpful:
A must for those considering purchasing an annuity., 1998-10-28
An excellent primer on annuities. Any investor should read this book before considering purchasing an annuity. As a financial advisor I found his explanations simple yet definitive. Written in manner that any investor will be able to benefit from Michael's sound advice. While I believe that in general annuities are the most oversold product in financial circles (not becuse they are great product but because sellers earn huge commissions), Michael clearly demonstrates that annuities are appropriate in certain situations and tells you how to avoid the annuities that were designed to be sold not bought. He shows you what to type of product to look for when annuities are appropriate. Highly recommended.
Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.
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