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Don't Die Broke: How Annuities Can Guarantee Your Income and Keep Your Retirement from Going Belly-Up [Kindle Edition]

David J. Reindel , Fran Tarkenton , Steve Marsh
3.4 out of 5 stars  See all reviews (8 customer reviews)

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Book Description

Massive numbers of 50-plus baby boomers will be retiring in the next few years. How will they finance that retirement? This practical guide presents an often overlooked but commonsense solution. Expert David Reindel argues persuasively for the preservation of assets, rather than a risk-prone obsession with the accumulation of them. Crucial to this process, he explains, is the humble annuity. Why have these time-honored investment tools generated so much negative attention in recent years? Don’t Die Broke details the financial industry’s misrepresentations of the annuity, and how — set up and managed correctly — it can offer the most reliable income source for boomers in this era of economic uncertainty. This book is both a clear-minded analysis of the forces that have led us to the present calamity and a reassuring roadmap to a more secure future.


Editorial Reviews

Review


"Readers nationwide urgently need the solutions in Don't Die Broke."
—Fran Tarkenton

Product Details

  • File Size: 1466 KB
  • Print Length: 240 pages
  • Publisher: Agate B2 (April 24, 2009)
  • Language: English
  • ASIN: B001UHO6FM
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Not Enabled
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #1,375,177 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

3.4 out of 5 stars
(8)
3.4 out of 5 stars
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Most Helpful Customer Reviews
15 of 17 people found the following review helpful
1.0 out of 5 stars Worthless Drivel July 20, 2010
Format:Paperback|Verified Purchase
I never returned a book to Amazon. But I did return this one because it's worthless. Instead of giving the reader valuable lessons in how to analyze and select an annuity, Reindel spends 191 pages bragging about his unimpeachable ethics and trying to defend annuity sales practices. Evidently he is on a mission to try to redeem the dented reputation of annuity salespeople and the industry as a whole, and maybe his own in the process. He would have us believe that there's a "Quiet Revolution" underway made up of steadfast footsoldiers like himself, slogging through the wasteland of the Annuity Landscape, rooting out those unscrupulous individuals who cheated Grandma out of her life savings. What a waste of paper!
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12 of 14 people found the following review helpful
1.0 out of 5 stars Don't Die Broke June 11, 2009
Format:Hardcover
Wrote in very general term and unless I missed it never explained how to effectively use annuities.
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3 of 4 people found the following review helpful
3.0 out of 5 stars Inflation Still A Question Mark July 4, 2010
By John
Format:Paperback
This book and others do a good job of explaining why inflation is your enemy. And yes, they explain that annuities can be indexed to rise a certain amount every year. But what's always missing is what is the correct amount of indexing to choose at this time in history. 2%, 3%, 4%, 5%? This is left as a guess that the reader/retiree has to make by himself or herself without help.
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1 of 2 people found the following review helpful
4.0 out of 5 stars A good basic overview of annuities October 29, 2012
Format:Kindle Edition|Verified Purchase
I'm not a big fan of annuities, but for many retirees they do
have a place - at least they should be compared with other
safe financial alternatives.

Since the book was written, much has changed in the fixed
and indexed annuity world. Index caps have gotten MUCH lower
and like CD's fixed interest rates have also come way down too.

With both of those occurrences, "guaranteed lifetime income
riders" are the real selling point today for those retirees
that need extra income (at the likely expense of a legacy).

Anyway, the book is a good primer on the basics of annuities
and any person that is considering owning one, would be advised
to read this book of they do not understand annuities very well.
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