Increasingly, many retired professionals are adding pensions to their retirement financial plans, but many are also hesitant because they can’t deal with some of the words and terms they hear – like participation rates, ceilings, spreads, and income riders, that is actually pretty understandable. Most of us tend to shy away from things that are beyond our immediate knowledge base and nobody likes to feel “stupid”. But for many retired people looking at stocks and bonds, interest rates are too low and market risk is too high. The idea of owning a pension has a certain appeal due to the security of the client, the income guarantees and the protection of the heirs. But first you need to familiarize yourself with the terms. Good news! Today we take our time and explain every mysterious word so that you get clarity. An educational show you don’t want to miss … MEISTERGELD is in the air !!!
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