Here is our 2022 DROP Rollover webinar: https://event.webinarjam.com/register/623/k375of22w Here is our DROP Exit Course for extensive information in short videos: https://andersretirement.thinkific.com/courses/florida-retirement-system-drop-guide Here is a link to our Calendly for a free consultation phone call on any questions you have: https://a…

Financial Advisor Don Anders explains what a multi-year guarantee annuity is and how multi-year guarantee annuities work. Sometimes multi-year guarantee annuities are called MYGA. A multi-year guarantee annuity works very similarly to a CD and it gives the investor a fixed interest rate over a certain number of years, but there are certain Pros and…

Don breaks down the different riders you can have inside of your annuities. Contrary to popular opinion, not all annuities have guaranteed income or death benefits attached to them. Annuity riders are add ons to your annuity contract. The two most popular riders in annuities are Annuity Income Riders and Annuity Death Benefit Riders.…

Financial Advisor, Don Anders, explains how annuitization works and the pros and cons of annuitization vs. withdrawals. Does your annuity have to annuitize? Do you lose control over your money in an annuity? Which annuitization option should you pick? Why would you annuitize? Don Anders gets into each one of those annuity questions in this video.…

Don Anders breaks down one of the top investments today for retirees: Fixed Indexed Annuities. Fixed Index Annuities are becoming a very popular investment for conservative investors. Don talks about the fees inside fixed index annuity, earnings inside FIA Annuities, and much more.By Don Anders

Financial Advisor Don Anders explains what an Annuity Maturity Date is. Most people confuse an Annuity Maturity Date with an Annuity Surrender Date.By Don Anders

If you have a 457 deferred comp account, you may be wondering how much you're paying in fees inside of your 457 retirement plan. Don breaks down the different fees inside of a 457 deferred comp and how you can uncover hidden fees inside of your plan. Whether you have a state 457 deferred comp or another government 457 deferred comp -- It's importan…

Wall Street Bets has recently come into the mainstream media through its meme stock trades like Gamestop Stock and AMC Stock. Financial Advisor, Don Anders, breaks down what the Wall Street Bets subreddit is and whether or not retirees and pre-retirees should be trading based on what they see there.By Don Anders

Don breaks down Vanguard Funds Fees and other Mutual Fund Fees that you may be paying. Even the low-cost Index Funds fees Although some mutual funds like Vanguard are usually low in fees, some can have very high fees. Don gets into how to figure out how much you're paying in investment fees and what questions to ask your mutual fund company when yo…

Don Anders breaks down how a 1035 exchange works and how you can use the 1035 exchange to rollover an annuity or life insurance tax-deferred. #annuity #annuitiesBy Don Anders

Financial Advisor, Don Anders, breaks down the basic slices that you'll see in the pie charts on your financial statements.By Don Anders

Don Anders explains what a meme stock is and why people should be especially careful when considering meme stocks as a part of their retirement plan portfolio. Whether it's GameStop, AMC, Bitcoin, or some other investment that is popular for popularity sakes, you need to make sure you take precautions before investing.…

Don Anders gives a complete breakdown of how Variable Annuities work, Variable Annuity fees, Variable Annuity Riders, and the pros and cons of variable annuities. Don goes over the different types of Variable Annuities and how to uncover the fees, including Hidden fees, that may be inside of your variable annuity.…

Financial Advisor, Don Anders, breaks down Mutual Fund C Share Fees. Usually, there is a one year time commitment and a higher expense ratio that goes along with C Shares. Don Anders tells you how to figure out how much you're paying in mutual fund fees and what types of mutual funds to avoid. #donanders #mutualfunds #retirementplanning #investment…

Don Anders breaks down Mutual Fund B Share Fees. Usually, there is a time commitment on this type of mutual fund, and if you surrender the account before the time commitment is over you'll have a surrender charge. Don Anders tells you how to figure out how much you're paying in mutual fund fees and what types of mutual funds to avoid. #donanders #m…

Financial Advisor, Don Anders, breaks down Mutual Fund A Share Fees. Usually, there is an upfront commission on this type of mutual fund with ongoing expense ratios, 12b-1 fees, and more. Don Anders tells you how to figure out how much you're paying in mutual fund fees and what types of mutual funds to avoid. #donanders #mutualfunds #retirementplan…

403b TSA Retirement Plans Fees can be complicated especially since there are a variety of different types of plans you can have. 403b's can be mutual funds, fixed annuities, variable annuities, etc. and Don Anders breaks down each one and how to uncover how much in fees you're paying. So if you have a Tax Sheltered Annuity 403b, make sure you watch…

One of the biggest questions we get is Will Social Security Last for my lifetime? Don Anders gets into what he thinks about Social Security Running out of money and the Social Security changes he thinks they will make to make sure social security will not run out of money. Will Social Security Run Out Of Money? Will Social Security Fail?…

Don Anders breaks down the different Medicare options in an easy to understand way. Whether it's Medicare supplement, Medicare Advantage, Medicare Part D, or any other Medicare options.By Don Anders

One of the most common questions we get is "what is the best medicare supplement plan". In this video, Don Anders gets into why medicare plans are mostly the same between companies. If you'd like to talk with someone about your Medicare Supplement Options, click here: https://calendly.com/andersfinancial/medicarewebinar?month=2021-01…

In this final part of his Annuity mini-series, Don digs into Variable Annuities and why they often get a bad rap.By Don Anders

Continuing the Annuity mini-series, Don gets into Fixed Index Annuities and their rising popularity.By Don Anders

In the second of his Annuity mini-series, Don covers the importance of a Fixed Annuity.By Don Anders

In this first of an Annuity series, Don talks about Immediate Annuities and why they've been referred to as "your grandfather's annuity".By Don Anders

Annuities have to be one of the most controversial investments in 2020. You hear people talking about how you should never buy an annuity, then you hear people talk about the love annuities. What gives? Are annuities bad? The reality is, there are many different kinds of Annuities out there, and they are NOT all the same. In this video, Don tells u…

Don continues to break down The 5 Needs of Money, this time covering the all-important topic of the Death Benefit. Please remember to subscribe for more content just like this: https://www.youtube.com/channel/UCoCX... Will you leave a financial legacy? Have you designated beneficiaries? Need a refresher on what The 5 Needs of Money are: https://you…

Working with a Financial Advisor can be a daunting task! You may know what your financial goals are, but how do you pick the right person to help you achieve those goals? In this video Don walks you through how to do your own research on Financial Advisors, which licenses to check for, and how to ask the hard questions. Visit: https://brokercheck.f…

When someone’s rock climbing, there are two different kinds. Don explains how those two different approaches apply to what financial path you need to take.By Don Anders

This episode was recorded in 2019. RMD age is now 72. Don discusses what a Required Minimum Distribution from your IRA or other retirement accounts are and what the 2019 RMD rules are.By Don Anders

We explain the 457(b) Deferred Compensation Plan. If you are a state employee or government employee you probably have access to a 457 Deferred Comp plan. How does a 457 b plan work? What's the difference between a 457 and 401k? When can you take money out of your 457 plan? 457 deferred compensation plans are available to Police officers, Fire Figh…

The cost of our electronics and phones has increased drastically in recent years. So are iPhones good investments? Are any electronics good investments? Don goes over the economics of owning daily technology in this episode.By Don Anders / Donovan Stull

Don explains an important hack you can use with your spouse's social security depending on when they choose to take it out and how you can use it your benefit.By Don Anders

403b retirement plans explained. A 403b/TSA is also frequently called a Teacher 401k, but in addition to teachers and school board employees, Hospitals and other non-profit organizations can have a 403(b) retirement plan. We also get into the unique withdrawal rules of a 403b. Another name for a 403b is a TSA or Tax Sheltered Annuity. Would you lik…

Don discusses one of the most fundamental retirement planning concepts: The 3 legged stool of retirement planning. The three-legged stool consists of having your Social Security Plan, Pension Plan, and Investment Plan all working together to become a retirement plan that will last the rest of your life. This concept is key, whether you're retiremen…

Don Anders discusses why you shouldn't pay off your house before retirement. Many people who give blanket retirement advice talk about the debt-free retirement myth, and while being debt-free is nice, sometimes it can be detrimental to your entire retirement plan. Especially if you plan to pay off the house with 401k or pension money!…

What is a ROTH IRA and How does it work? Don Anders explains the benefits of ROTH IRA, ROTH 401k, ROTH 403b, or any other ROTH account you may have, and why it's so important to invest in a ROTH if you have the opportunity and it fits your financial needs.By Don Anders

Don Anders discusses the 4 Social Security changes to keep from running out of money. One of the biggest concerns we hear is "will social security run out of money" or "is social security going broke?" The simple answer is, yes and yes. There is a US Social Security Crisis, and changes to social security have to be made.…

Do you know what the #1 biggest fear in retirement is? Running out of money. Don Anders discusses why if you're having that concern, you're not alone, and the steps that you can take to ensure you don't have to worry about running out of money. If you'd like your own retirement income analysis, visit our website: https://andersretirement.com/…

What is a Bond Fund? And do they keep your money as safe as you think? In this video, Don clears up some confusion about Bond Funds.By Don Anders

Companies sometimes offer an early retirement employee buyout, or a early retirement incentive buyout. The question is should you take a buyout? The answer lies in what is offered vs. what you're giving up. Our recommendation is to always look into the options, but make sure you understand the downfalls of retiring early. If you're offered a buyout…

If Donald Trump is reelected, he says that he will cut or eliminate payroll taxes permanently. By eliminating FICA Tax (Eliminating Medicare taxes and eliminating social security taxes), what will that mean for retirees now and in the future? How much taxes will you save now, and how will this social security tax cut impact you in the future? We gi…

Don talks about the importance of making the money you've earned and saved last as long as you need it to.By Don Anders

What? Put everything on credit cards? This must be a typo! While we realize this strategy may not work for some people, but in this podcast, Don explains why being responsible with your money and paying attention to fees and due dates you can actually benefit from putting your expenses on credit cards. Need help selecting a card? Check out https://…

Credit Scores are confusing! Do you even need one in the first place? What if you don't want to go into debt? What if you haven't ever borrowed money? Where do you start? Don digs into why Credit Scores are important, and how to get started the right way to building it up.By Don Anders

We all know about traditional banks. You know, the one where you might get a sticker for your kid or a treat for your dog when you roll through the drive thru window. But with technology changing, many people's banking needs have changed as well. This week Don talks about when to consider if online banking is right for you.…

When the Stock Market takes a dip or a dive the news media tends to take it to the extreme. But for those of you in it for the long haul, Don explains how Dollar Cost Averaging works, and how you can use that next downturn to your advantage!By Don Anders

Income: it's the last in The 5 Needs of Money, but it's one of the most important! In this video Don talks about the importance of making the money you've earned and saved last as long as you need it to.By Don Anders

This is a big need! Growing your money! But how and when? And how much risk is or should be involved? Don helps break down the tradeoffs when talking about Growth as one of The 5 Needs of Money.By Don Anders