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Guaranteed Income for Life: How Variable Annuities can Cut Your Taxes, Pay You Every Year of Your Life, and Bring You Financial Peace of Mind

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Title: Guaranteed Income for Life: How Variable Annuities can Cut Your Taxes, Pay You Every Year of Your Life, and Bring You Financial Peace of Mind
by Michael Lane, Michael F. Lane
ISBN: 0-07-038297-2
Publisher: McGraw-Hill Trade
Pub. Date: 01 August, 1998
Format: Hardcover
Volumes: 1
List Price(USD): $22.95
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Average Customer Rating: 5 (5 reviews)

Customer Reviews

Rating: 5
Summary: An excellent guide to investing and how the annuity fits in.
Comment: With all the controversies of variable annuities today, Michael does an excellent job of showing the appropriateness of the annuity. The book was written at the basic level for the investor, capturing an informative overview of the many different investment options such as stocks, bonds and mutual funds and how the annuity fits into the investor's overall investment strategy. I would highly recommend this book to all investors!

Rating: 5
Summary: Excellent book...
Comment: I've read many different points of view about the value of VAs -- this book explains them clearly. Lane's book shows how tax deferral wroks. He takes you step-by-step so you can see how all the parts relate and why. Read chapters 5 "Suitable Uses of VAs" and ch 18 "Analyzing the Payout" and you will know more than most advisors. Great book congrads.

Rating: 5
Summary: A great guide for financial planners and end consumers.
Comment: Having been in this business for 5 years it's nice to find a refreshing look at the real uses of variable annuities and when they make the most sense. Michael is very enlightening in his approach to when a variable annuity makes sense and for whom. He also is very concise in his description of all the factors which contribute to determining the above. In an industry which is muddled with both the pros and cons of variable annuities this book is a straight shot to doing what is in the best interest of the client.

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