Did You Know?

That in 2008, the total average expense difference between variable annuities and mutual funds was 1.18%
That, as of the fourth quarter 2008, the combined net assets of U.S. variable annuities were valued at $1.2 trillion?
In 2008 fixed annuity assets valued at 556 billion a 9% increase from 2007?
In 2009, the contribution limits range from $5,000-$6,000 for an IRA, $16,500-$22,000 for a 401k and $200,000 plus for a non-qualified annuity?
That the average number of funds per variable annuity contract was 51, in 2008 with an average contract value of $49,200?

Advisors

01.11.2009

This list provides investors with a list of the things they should consider when approaching financial planning:

Set measurable goals.
Understand the effects your financial decisions have on other financial issues.
Re-evaluate your financial plan periodically.
Start now - don't assume financial planning is for when you get older.
Start with what you've got - don't assume financial planning is only for the wealthy.
Take charge - you are in control of the financial planning engagement.
Look at the big picture - financial planning is more than just retirement planning or tax planning.
Don't confuse financial planning with investing.
Don't expect unrealistic returns on investments.
Don't wait until a money crisis to begin financial planning.