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Retirement Planning > Retirement Investing

Avoiding the ‘Black Hole” of retirement

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Astronomers tell us there is a Black Hole in every galaxy in the entire universe as well as many other places. It’s a “hole in space and time” that has yet to be explained. Anything, including light, that comes close to the Black Hole is sucked in. Nothing escapes it, including huge suns a thousand times larger than our sun. We don’t know where it goes or what’s on the other side; we just know everything disappears into the hole. There is no escape.

If we were traveling in space we would do everything possible to avoid getting close to a Black Hole, don’t you agree? We would want a vehicle that “automatically” avoided even the remotest possibility of getting close to a Black Hole.

Getting back to earth, we have “Financial Black Holes” in the form of market crashes, downturns, corrections or whatever names are used to describe falling into a Financial Black Hole. These Black Holes have emerged many times in our financial history, the most recent in 2000-02 and 2007-09. Very few people avoided these Black Holes; most were sucked in and had staggering losses up to 50 percent of their fuel supply. 

They were traveling in a financial vehicle that offered zero protection to avoid the Black Hole. They were in vehicles like mutual funds, 401(k)s, variable annuities, stocks and bonds and other vehicles without protection. They were told not to worry about the Black Hole and to keep traveling as fast as possible and maybe they would bypass a Black Hole.

They were not warned that falling into the Black Hole would immediately deplete their fuel and they would be floating in space for years, maybe many years, until the fuel was refilled so their tank would be at the same level it was before falling in the hole. The problem is we need much more fuel than what we started with so we can complete the journey through space, not just enough to start the engines again. Waiting five, six, 10 years to just get back to “even fuel” is, well, just foolish, and also the cost of fuel (in the form of fees) in these vehicles is expensive.

New technology

There is a new vehicle that has built-in technology guaranteed to avoid Black Holes and guarantees you never run out of fuel, ever. No one traveling in this vehicle has ever plunged into a Black Hole and they got back home safe and sound and had enough fuel to travel even further if they wanted. And if the vehicle has mechanical problems, it automatically provides double the fuel to get to safety. The fuel is also cheap in comparison to those “other” vehicles.

This new financial technology is a much improved vehicle that is, of course, the fixed indexed annuity. It has become the vehicle of choice for travelers who want to avoid Black Holes, asteroids, meteors other dangerous objects while assuring a safe continuous retirement ride, with renewed fuel. These smart travelers won’t end up “Lost in Space.”

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