K****D
发帖数: 30533 | 1 I rethought about it, my way of thinking was wrong.
The liquidity should come from the equity part, not the CD part.
If one takes cash out of the CD part, it cannot guarantee the yield
after 10 years would be above 0%.
Since equity part is always liquid, there should not be a problem
taking cash out. The only limit is the amount that one can take.
The more one takes out, the more the portfolio is like a CD.
Also, for tax consideration, it's better not to cash out anything
in the first 12 months |
|
y****e
发帖数: 23939 | 2 Americo Financial Life and Annuity Insurance Company
这个保险公司怎么样？有人听说过吗？和Prudential比怎么样？
我想买的是30/30的level term life insurance and return of premium。一年$500左
右算不算
贵呢？ |
|
K****D
发帖数: 30533 | 3 ☆─────────────────────────────────────☆
dashadan (dashadan) 于 (Wed Oct 22 13:10:31 2008) 提到:
看这期的钱杂志上在说这个东西.
☆─────────────────────────────────────☆
KennyD (|-==-|) 于 (Wed Oct 22 13:16:08 2008) 提到:
"A complete rip-off" |
|
s*******d
发帖数: 126 | 4 does this suggest that term life + low-cost index-fund based variable
annuity would be better than VUL, in general? |
|
b****e
发帖数: 460 | 5 I don't know anything about variable annuity. I've heard that it is another
kind of lousy contract.
If there is $500 balance in the VUL account, and if your surrender charge is
more than that, they won't ask you for money when you cancel the policy.
But, you get nothing left, either. $500 is ok to most of us, but if I
initially put $300,000 as investment funds in the VUL account only to find
out if I cancel it during the first year, I will get only about $200,000, I
will be mad definitely.
of
3 |
|
K****D
发帖数: 30533 | 6 Heard from The Ray Lucia Show this morning.
1) absolute return note
works this way: say there is a range of -15% to +15%. If S&P never
breaks that range in a full year, you get the absolute return of
S&P at year end. (absolute means: -14% becomes +14%.) If at any
time during the year, S&P breaks the range, you get 0%. FDIC
insured.
2) index annuity
If the S&P is negative, you get 0%; if the S&P is 0-7%, you get
S&P return; if S&P > 7%, you get capped 7%. Numbers are for
illustrations.
3) buffere |
|
K****D
发帖数: 30533 | 7 你这个咚咚。。和index annuity。。的区别。。是什么啊。。 |
|
h****d
发帖数: 358 | 8 产品之一：
６年的：每年的第一天可以在下面三种之一转换：
１）４。５％固定的收益
２）一年Ｓ＆Ｐ５００ＬＩＮＫＥＤ：最高７.２％，最低１.９％
３）两年Ｓ＆Ｐ５００ＬＩＮＫＥＤ：最高１９％，最低>2%（具体忘记了）
产品之二：
５年的，Ｓ＆Ｐ５００ＬＩＮＫＥＤ，如果Ｓ＆Ｐ５００正，7。5％，否则１.９％
产品之三：（很复杂）
１０年的，你有两个独立账户：
１）Ｓ＆Ｐ５００ＬＩＮＫＥＤ，最高８％，最低０％--每年可以CASH-OUT一定比例。
10年后可以全部CASH-OUT
２）７.２％固定收益。（１０年翻倍）--永远不可以一次性CASH-OUT
任何CASH-OUT都将在两个账户里面同时扣除相同的VALUE.
到期时，
Option1:可以继续，（两个账户独立继续）
Option2:可以ＣＡＳＨ账户１）中所有现金，（如果账户１）多于账户２），当然选他
Option3:可以把2）的价值转变成FIXED INCOME账户，每月拿一定百分比到死亡。这
CASH-OUT也将同时从账户1）中扣除，如果帐户1）成为了0，你仍然可以继续因为CASH-
OUT是按照2）算得。如果后来帐户1）上涨很多 |
|
|
h****d
发帖数: 358 | 10 There is no fees. They make money by: capping your gain and eating the
dividends, and their risk is when the market goes down they have to provide
the protection. |
|
n******n
发帖数: 12088 | 11 这个Ray Lucia显然是个大忽悠。
Heard from The Ray Lucia Show this morning.
1) absolute return note
works this way: say there is a range of -15% to +15%. If S&P never
breaks that range in a full year, you get the absolute return of
S&P at year end. (absolute means: -14% becomes +14%.) If at any
time during the year, S&P breaks the range, you get 0%. FDIC
insured.
没想明白banker是怎么实现稳定套利的。应该是有另一个对赌协议对冲，反正不会赔。
这里的FDIC insured是个噱头。
2) index annuity
If the S&P is negative, you get 0%; if the S&P is 0-7%, you get
S& |
|
K****D
发帖数: 30533 | 12 Ray Lucia is not a big 忽悠。Yes, all talk show hosts 忽悠，but
he is nowhere near "BIG" 忽悠。He is among the 15% financial
planners that actually thinks in your shoes instead of trying
to sell more.
I've proposed an easier home-made annuity before. Say 10 year
term:
a) put 71% of your money into a 3.5% 10-year CD.
(This 71% will become 100% in 10 years.)
b) put the rest 29% into SPY index. (it will become something
in 10 years.)
How do you make 15% if S&P is 5%? |
|
K****D
发帖数: 30533 | 13 So the same example would get -5% return if SPY is -15%? @_@
I was reluctant to learn options because I felt it's too expensive.
It's true that options give you a lot of flexibility, but due to my
cheapstake personality, I would rather go with simplier strategies
(that are cheaper). I mentioned the home-made annuity idea in a
previous example which is likely to be cheaper than a strategy that
involves option.
For the "buffered note" type of return, it is also possible to do that
by buying/sellin |
|
r****y
发帖数: 3412 | 14 投资方式有很多。。
除了你说的如果考虑税的benefit还可以投资life insurance或者annuity。。
如果不能从股市上捞到比较大的return至少要在税上用尽量多的钱去做tax defer.. |
|
s*******d
发帖数: 126 | 15 "after-tax 401K最后还是要交profit的税"
where did you learn this?
There are only two types of 401(k), traditional and Roth, traditional is pre
-tax, Roth is after-tax. There are three types of IRAs, traditional, Roth,
and non-deductable IRA.
You can contribute to either types of 401(k) as long as your company offers
them.
You can contribute to a traditional IRA (individual retirement account, or,
annuity) and deduct the contribution if you income is less than a threshold,
maybe 60,000 as a single or 80,0 |
|
|
r****y
发帖数: 3412 | 17 life annuity就是活到死花到死。。反正使劲活就不亏 |
|
t***s
发帖数: 163 | 18 上次morningstar论坛上有人说50年前的annuity crash了，和公司还是有关系。 |
|
K****D
发帖数: 30533 | 19 A question first: why do you want to do annuity?
You are over 60 years old? hehe.
interest rate?)吗？ |
|
Y********x
发帖数: 322 | 20 【 以下文字转载自 Faculty 讨论区 】
发信人: YaoMingRox (Let), 信区: Faculty
标 题: Retirement Plan
发信站: BBS 未名空间站 (Wed Jul 22 20:24:49 2009, 美东)
Not want to choose the state retirement system. Here are several ARP (Altern
ative Retirement Plan). Which one is best?
1. Great American Life Insurance;
2. TIAA-CREF;
3. National Life insurance;
4. AIG VALIC
5. AIG SunAmerica Life Assurance
6. AXA Equitable Life Insurance
7. Great American Life Insurance
8. ING Life Insurance and Annuity
9. Lincoln National Life Insuran |
|
K****D
发帖数: 30533 | 21 You may do a home-made index annuity:
1) put down around 90% of your cash into a 4-year CD, so that
it will become 100% in 4 years.
2) put the rest 10% or so into S&P 500 index ETF or MF.
At the end of 4 years, you still have at least 100%. |
|
|
a******8
发帖数: 75 | 23 ARTICLE 17
(Pensions and Annuities)
1. Subject to the provisions of paragraph 2 of Article 18, pensions and
other similar remuneration paid to a
resident of a Contracting State in consideration of past employment shall be
taxable only in that Contracting
State.
2. Notwithstanding the provisions of paragraph 1, pensions and other
payments made by the government, a
political subdivision or a local authority of a Contracting State under its
social security system or public
welfare plan shall be tax |
|
f*****g
发帖数: 15860 | 24 avoid the "now" type of thinking, it's all about long term.
and retirement accounts like IRA will only be part of your income then,
other may include:
1) social security (well, they need to find a way to fix it, lol);
2) house, you may move down to a smaller one or rent;
3) annuity, insurance, etc.;
4) other investment;
5) part time work (mostly for fun/pleasure type); |
|
N********n
发帖数: 8363 | 25 Yes, slowly but surely it is happening. In a federal notice filed earlier,
the DOL and Treasury are soliciting a response on what has been on many
investors' mind, namely the process of converting 401(k)s into annuity-like
products. To wit:
The Department of Labor and the Department of the Treasury (the "Agencies")
are currently reviewing the rules under the Employee Retirement Income
Security Act (ERISA) and the plan qualification rules under the Internal
Revenue Code (Code) to determine whethe |
|
l**********t
发帖数: 5754 | 26 actually the optimal investment option at retirement, if you haven't saved
enough by then to cover the living expenses for the rest of your life, is to
convert some if not all of your 401K into annuity. |
|
|
m**********r
发帖数: 887 | 28 Correct me if I am wrong, but I never heard the insurance company will match
your contribution, you must confused that with employer's match in
retirement account. |
|
m****6
发帖数: 8689 | 29 谢谢提醒啊，我听她这么多也一下子有点震惊。感觉当中保险公司的理财项目都是吃肉
不吐骨头的，哪里还有给你match的。
大家都没有回帖，看来这样的好事真没让人碰到过啊。。。
match |
|
c***a
发帖数: 100 | 30 Never forget: too good to be true! |
|
s**********d
发帖数: 36899 | 31 现在很多公司的pension是cash balance plan。
就是公司给放钱，有的你可以投资有的只能拿利息，
退休后可以转annuity。 |
|
l****i
发帖数: 110 | 32 .
先鼓励LZ一把，工资存款都是是会涨的。比如俺，今年43，工资比俺30那年，涨了快三
倍，存款投资比那年涨了快四倍。
另外，要保证LZ说的每年8W退休，其实不需要2M。你65岁退休那年，你可以买年金（
annuity）。按现在的行情，每年1W的年金，大概需要付12.5W，你要每年8W，只要1M（
12.5W x 8)。 |
|
l****i
发帖数: 110 | 33 .
先鼓励LZ一把，工资存款都是是会涨的。比如俺，今年43，工资比俺30那年，涨了快三
倍，存款投资比那年涨了快四倍。
另外，要保证LZ说的每年8W退休，其实不需要2M。你65岁退休那年，你可以买年金（
annuity）。按现在的行情，每年1W的年金，大概需要付12.5W，你要每年8W，只要1M（
12.5W x 8)。 |
|
K****D
发帖数: 30533 | 34 问题出在"假设增值一倍"。That's about 4% APY, almost as bad as an annuity.
For a 30 year long term investment there is no reason to be this low.
此外，for most people, they will receive social security income (maybe
around 20k/yr) which is ordinary income.
再次，if your current income is 100k, it might just be OK to max out
401k now. More than 50% people out there are not in 28% tax braket or
higher.
最后，the rate you cash out 401k after retirement is a little bit high.
Studies show you can cash out 4% every year a |
|
|
a**n
发帖数: 2431 | 36 401k我一直觉得会被算计的
老美都穷疯了。。。
sigh，不能多放了阿 |
|
j*****h
发帖数: 3292 | 37 凭什么啊
是不是就因为目前少交了点税，所以政府就觉得那笔钱里其实有it的一份？ |
|
a**n
发帖数: 2431 | 38 疯狗咬人是不需要理由的
只要是肉就可以上去咬一口
我觉得最疯狂的日子还没有来
真来的时候什么不可思议的事情都会发生 |
|
s**********d
发帖数: 36899 | 39 很多老美是idiots会把401k里的钱炒光会提前花光，
然后用你我的tax money吃救济。。。
earned |
|
N*C
发帖数: 1987 | 40 的确啊。
很多老美在钱这方面就是idiots。
对于这部分idiots，管理者替他们管是合理的。
自认不是idiot的，自己管就是了。 |
|
s**********n
发帖数: 868 | 41 听起来这些人是smart people，你我才是idiots... |
|
U**I
发帖数: 12 | 42 A financial guy (selling annuity and UL(not VUL)) recommend something called
index UL.
It shows 5% fix gain and/or float with SP-500 (but keep principle).
He claimed it is avoid VUL's limitation, but has many benefit.
Any one has good idea about its pro and con?
Thanks,
UTSI |
|
|
c*v
发帖数: 93 | 44 显然有啊:
As of 12/07/2010 : 30-day SEC Yield 2 : 2.24%
右边还有一个Distributions的link来着. |
|
z****7
发帖数: 880 | 45 No distribution information about the fund I mentioned |
|
l******g
发帖数: 743 | 46 there are a few other cash flow investment strategies
1) how about emerging market bonds? One of my big holdings is a fidelity
bond fund with 13+% return this year. In fact it has 13.8% on average
for the past 10years.
2) how about rental house business? It can give better cash flow plus
potential equity appreciation.
3) and there are specifically design annuities vehicles for the income
after retirement
this is an interesting topic
keep up the thread
My
retirement
stocks as I
market
like
price |
|
K****D
发帖数: 30533 | 47 For annuities, there is a difference between yield and the max%
of money you can withdraw each year.
This 9% is likely the latter. |
|
d****g
发帖数: 1049 | 48 This is the email I got from fido:
Thank you for your interest in moving your IRA to Fidelity.
We can reimburse up to $50 in closeout fees for transferring an IRA to
Fidelity. The transfer amount must be at least $25,000 for a client to be
eligible for a fee reimbursement. You will also want to complete an IRA fee
reimbursement form which can be found here at the following link:
http://personal.fidelity.com/accounts/pdf/ira_toa_fee_reimburse
The online transfer assistant will easily guide you in... 阅读全帖 |
|
t*m
发帖数: 4414 | 49 if the policy holder die early, what will happen?
years
在4 |
|
|
