Check out the statistical probabilities that an event is likely to happen in an average year:
Loss of life: 0.9%
Loss of car due to auto accident: 1.2%
Loss of home due to fire, weather, etc: 1.3%
Loss of market value in retirement accounts: 28%
As you can see the loss of market value is the biggest risk. This statistic is based on the S&P 500 from 1959-2008.
Common sense would suggest you have a built in floor to protect you from market losses using the insurance products we suggest on my radio show.
What about upside? You may have heard you don’t gain a lot in these insurance contracts. This is simply a scare tactic used by the competition to keep you where you are at. I personally have clients that are up over 30% for the last 12 months. All with no risk of market losses.
Call me or email me with questions or to schedule a free consultation. My direct line is 480-970-5663.
