Well Balanced

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Well Balanced | Financial Planning, Goals Based Investing, Market Perspective, Wealth Management.
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Bluespring Wealth Management, LLC is a registered investment adviser. Bluespring’s website and its associated links offer news, commentary, and generalized research, not personalized investment advice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Advisory services are provided by Bluespring Wealth Management, LLC, an SEC registered investment adviser. Registration does not imply a certain level of skill or training.

Bluespring Wealth is the national brand for all Bluespring affiliated firms and services. Legal entities operating under the Bluespring Wealth brand include Bluespring Wealth Management, LLC, a registered investment adviser, and businesses using the marketing name Bluespring Wealth, which may include financial professionals registered with Kestra Investment Services, LLC (member FINRA/SIPC) and/or Kestra Advisory Services, LLC, an SEC registered investment adviser. Kestra Investment Services, LLC and Kestra Advisory Services, LLC are affiliated with Bluespring through common ownership under Kestra Holdings. Bluespring Wealth Partners includes independent advisory firms affiliated with Bluespring whose financial professionals may be registered as registered representatives of Kestra Investment Services, LLC, investment adviser representatives of Kestra Advisory Services, LLC, or associated with independent, stand alone registered investment advisers operating under their own DBAs. Registration status and services vary by advisor and firm. Not all services are available through all entities. Be sure to consult with a qualified financial professional and/or tax professional before implementing any investment strategy.

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Episodes

Friday Mar 15, 2024

FYR003: Understanding Annuities with Mike Nesheim

Friday Mar 15, 2024

Are annuities a boon or a bane for your portfolio? When is it wise to hold onto an annuity, and when might it be time to let go?

In this podcast episode, we talk through annuities with Vector senior wealth advisor Mike Nesheim. An annuity is a financial product issued by an insurance company, generally designed to create an income stream. Periodically, clients come to Vector with one or more annuities as part of their overall portfolio.

While everyone’s portfolio and financial situation is unique, there are some broad takeaways when it comes to annuities and wealth management. We discuss evaluation of annuities and talk through factors to consider when aligning your financial plan with your goals.

Time & Section Titles

00:04 … Types of Annuities

Annuities come in assorted flavors. We discuss some differences.

00:38 … Evaluation of Annuities and Benefits

Considerations of maintaining vs surrendering annuities.

01:20 … Analyzing Annuities for Clients

Determining the best course of action for a client.

02:30 … Reliability of Annuity Companies

What backs the guarantees of annuity benefits?

These topics are meant to help start a conversation around planning for retirement and managing wealth over time. At Vector, our team will review the terms of annuities (held or considering) and provide options and context for clients. Let us know if this is something you are thinking about or if you know someone who may have a question about their annuity.