You did not know you were investing in an annuity product.
You donāt have a need for income from your annuity products.
You donāt clearly understand the connection between your annuities and income features you need.
Annuity performance does not seem to be as good as what you were led to expect
Ongoing service and investment management is less than you expected
Youāve been sold a series of ārolloverā annuities because your advisor keeps finding ābetterā ones once the surrender charges go down
Commissions, costs, and surrender charges were not clearly explained to you.
You were sold annuities in an IRA or other retirement plan
Conversion to a pension-like income stream was not the primary reason for buying the annuity.
You donāt understand how and how much your annuity sales agent was compensated and how you pay for this.
The ongoing costs for investments, riders, guarantees, life insurance, policy fees, market value adjustments, and other potential charges are not clear to you.
You believe an advisor or insurance company is regularly overseeing and managing your annuity investment options.Ā
The annuity was positioned as almost too good to be true, and you have a sneaking suspicion that something is not quite right, but canāt put your finger on it.
You were told annuity returns would be tax free
You paid taxes on the sale of investments to buy the annuity
IMPORTANTĀ BLOG DISCLOSURE INFORMATION
Please remember that past performance may not be indicative of future results.Ā Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Camarda Wealth Advisory Group -āCWAGā), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.Ā Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.Ā Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from CWAG.Ā Ā Please rememberĀ that if you are a CWAG client, it remains your responsibility to advise CWAG, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. CWAG is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of CWAGās current written disclosure Brochure discussing our advisory services and fees is available for review upon request.Ā Please Note: CWAG does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to CWAGās web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
