Jack Phelps, founder of The Relaxing Retirement Coach, describes the limited set of circumstances in which purchasing an annuity may be a wise financial decision.
Wellesley, MA – October 27, 2011 – Jack Phelps, founder of The Relaxing Retirement Coach, a Retirement Coaching company, recently published an article on his website (http://www.theretirementcoach.com) examining the limited situations where you should consider the benefits of annuities. The article, titled “When to Consider vs. Question Annuities, Part I,” notes specific limited situations in which the purchase of an annuity makes good financial sense.
Jack Phelps writes, “As I mentioned previously, I don’t believe annuities themselves are bad in and of themselves. As I just illustrated, used correctly, they can solve real problems. However, you have to be very carefully as they’re grossly oversold.”
The Relaxing Retirement Coach, Inc. provides their members with the ‘missing structure’ they need to make a seamless and relaxing transition to their retirement years so they can confidently do everything they want to do without worrying about money. Their Relaxing Retirement Coaching Program™ provides members with a personalized, one-on-one retirement coaching relationship with constant attention to each and every detail necessary for them to consistently enjoy a relaxing retirement experience.
The entire article can be found at http://www.theretirementcoach.com/articles/when-to-consider-vs-question-annuities-part-i-3.php
To learn more about The Relaxing Retirement Coach, Inc., please visit http://www.theretirementcoach.com
About Jack Phelps
Prior to developing The Relaxing Retirement Coaching Program™ back in 1994, Jack spent five years as a registered representative with Prudential Financial Services. In 1992, he received his Chartered Financial Consultant designation from The American College in Bryn Mawr, Pennsylvania. In 1989, Jack graduated from Holy Cross College in Worcester, Massachusetts with a B.A. in Economics.