Fixed annuities only ❤

We forget that people can only relate to what they know, in this case cows! Brilliant Tom!!!

We forget that people have to relate to what they know. Brilliant!!!!

So are savers at your events single? I just stumbled across the training as I am getting back in the field. I think I’m going to look for an upcoming seminar 😂Jk. Lol

Whether a car loan is considered "good" debt depends on various factors and individual circumstances. Here are some points to consider when evaluating whether a car loan is a good type of debt: 1. **Purpose:** If the car loan is used to purchase a reliable vehicle that meets your transportation needs and improves your quality of life (such as commuting to work, transporting family, etc.), it can be seen as a beneficial investment. 2. **Interest Rates:** Lower interest rates on car loans make them more manageable and less costly over time. If you can secure a favorable interest rate, it may make the loan a better option. 3. **Loan Terms:** Shorter loan terms generally result in less interest paid overall, making the loan more favorable. Longer loan terms may lead to lower monthly payments but could cost more in interest over the life of the loan. 4. **Credit Building:** Successfully managing a car loan by making timely payments can help improve your credit score over time, which can be beneficial for future borrowing opportunities. 5. **Asset vs. Depreciation:** Unlike some other forms of debt (like credit card debt used for non-essential items), a car loan is typically tied to a tangible asset (the car). However, it's important to note that cars depreciate in value over time, so the asset's value may decline faster than the loan balance. 6. **Affordability:** It's crucial to ensure that the monthly payments for the car loan fit comfortably within your budget and don't strain your finances. Factor in other car-related expenses such as insurance, maintenance, and fuel costs. 7. **Alternative Financing:** In some cases, alternative financing options such as leasing or buying a used car outright may be more financially advantageous than taking on a car loan, depending on your needs and financial situation. Ultimately, whether a car loan is considered good debt depends on how well it aligns with your financial goals, budget, and ability to manage the loan responsibly. It's essential to weigh the pros and cons carefully and make an informed decision based on your individual circumstances.

Great! Thanks much sir.👍🏼👍🏼

Wonderful concept

Great video, thanks Tom . I am 62 and retiring soon is it to late to purchase life insurance as a bond replacement/ legacy provider and what type would be best for my age?

Wow, absolutely spot on Tom, like always!!

Love your channel, Tom! Really great commentary! Totally agree with geopolitical assessment. Have a great 2024!!

insightful perspectives, Tom! Advisors who follow your advice have the credibility their clients need to rely on!

“Invasion through the southern border” anddddd Tommy loses credibility just like that. You’re no better than Dave Ramsey when you inject unnecessary political or bigoted commentary like that. Pretty much all terrorist threats in the US are domestic and from unhinged lunatics that consume a far right media diet. Don’t believe me? Ask the Republican appointed directors of our security apparatus and agencies. It’s self fulfilling and it leads to broken credibility from an otherwise accurate source.

The Fed shrank its balance sheet $1.3 trillion last year and plans the same this year

Bravo!

You should have more subscribers. Happy New Year

Great info, thanks Tom! Ups and Downs in all but debt, that just goes up! If we can keep a near 4.25% 10 year treasury MYGAs will stay competitive.

Excellent Tom!

Nothing is quantified with only general references. For example, what is the cost of Life Insurance?

Great as Always Tom

I Agree Tom. If the advisor had any kind of good presentation and had asked good Questions BEFOREHAND, there is no way he would have gotten a small percentage of that amount of objections. He should ask things like, If there was a way that you could get credits from the market, when it was going up, that could be locked in so that when the market is crashing, those gains are kept and not a single dime would ever leave your account ....at the very least- would you be curious enough to want more information if such a product existed? Are you aware that products exist that can protect your portfolio from nursing home spend-down or lawsuit? If you could still have great upside potential without having to suffer the volatility and downside of the market, would you like to learn more about these opportunities? Can you imagine running out of Money in retirement? If there was a way to turn your retirement savings into a lifetime income stream that you’ll never outlive - would that be something that would be important to you? (guess who taught me all these good questions?)

As an agent, I show this clip all the time to my clients. It's riveting; it's the truth.

So why is it better to have mortality credits ?

I was in variable annuities for a while and just moved to a fixed index annuity. Hopefully I made the right choice .

Where are these two stories? Thank you

You are YOU. Great way of explaining it. Brief simple focused and to the point. Love it Sir.

Love it.

Very well said. Thanks for sharing

One of the really disturbing comments on YELP regarding Fisher Investments - aside from the lousy investment returns - is that it seems like it is VERY difficult to get money of Fisher Investment which to me borders on violations of FINRA regulations which requires transfers in good order to be sent within seven days.

I’m a new struggling agent Tom. Thank you for this channel, thank you for your stellar career, and all your hard work.

Promo-SM 🏃

Well Said Tom! Good to hear from you after a while.

Annuities are never a necessary part of a retirement plan. Listen to your voice you sound like a gangster. If you want to guaranteed income that gets eaten alive by inflation if you're fortunate enough to live 20 years after retirement, then buy an annuity and you will be sure to eating cat food for the rest of your life. You people that sell these products or Crooks and criminals and you belong in prison.

When are you coming back to Columbus ohio

#1 risk INFLATION, Tom called it 3yrs ago

ALTHOUGH LIFE TIME ANNUITY IS NECESSARY BUT HAVING STEADY INCOME IS MORE CRUCIAL FOR YOUR RETIREMENT PLANNING. Big ups to everyone working effortlessly trying to earn a living while building wealth. I'm 40 and my wife 34. We are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.

Excellent job highlighting the impending tax effects on different retirement vehicles!

They don't come any better than Tom Hegna!

If I put $100k in, what are the total fees / commissions in the first year?

This is why I love your channel! You desperately need 'promo sm'!!

Should I purchase my adult married children whole life insurance now instead of leaving? inheritance

It's no5 about how you started, it's all about how you finish. That's why adult Americans are forced to delay retirement

Right now I have CD type annuity that I plan to move to a deferred annuity. I am looking for retirement income and trying to convince my portfolio manager on difference between that and asset allocation

Great video, Tom. Thank you!

Awesome, AWESOME video!

No commentary on how more than half of the US inflation was attributed to record corporate profits?

Thanks to you, I took your advice and I applied for one. I finally got accepted. I'm 67. An orphan. So rather than lose all my stuff in my apartment, which is very important to me. Forget losing everything and going into a strange place with strange people. Nope! Long term care!! Yes sir!! Thank you!!

Was taught life insurance is to replace loss.

With interest rates high, this is the best time to buy an annuity as an investment and guaranteed income annuity.

Hi Tom - This great! I just joined as lifetime member. Is there a step by step video for the 1st appointment? Is that the coaching section where we can select 2 options? A list of 20 Qs for the first appointment? Maybe a section called Training Wheels for agents in their first 6 months. I could use that. Where are the power pt decks? Thank you!