Ron Nawrocki - Wealth DNA

 Annuities - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. There seems to be a large number of salespeople offering an extensive and confusing array of annuities, claiming their annuities are the best investment available to "guarantee" a comfortable retirement. The companies tout special offers like 10% bonus added to your investment, guaranteed annual returns of 9% or more, returns indexed to the stock market, and absolutely no downside risk. Does this sound too good to be true? Then it probably is. Besides, our regular listeners realize there are only 2 guarantees in life !

We'll have Jason L. Slade a Branch Manager/Financial Advisor with Raymond James back as our special guest. If you listened to the show when we talked to him about MLP's ('Master Limited Partnerships) you'll recall that he helps investors understand the options available, and to make sure they are suitable for them. Since he hosts weekly meetings with groups of investors over coffee, I'm confident he will help us separate the annuity facts from the fiction. We'll be asking him who should consider investing in annuities, the various types, and the options available. Which types have the lowest fees? Will your spouse continue to collect the income if s/he lives longer? What are realistic income percentages today? As interest rates rise, will annuities become more or less attractive? What about your heirs?