Who is Ben Bernanke? What do the Ultra-Rich understand?

Economist Ben Bernanke replaced Alan Greenspan as chairman of the Federal Reserve System in 2006. As chairman of the federal reserve, Bernanke helped the United States weather the economic meltdown of 2008. In fact he did such a great job, he was appointed to a second term as chair of the Federal Reserve in 2010, completing his service in 2014. Ben Bernanke has a personal net worth of over 3 million dollars.

Who is wiser, the financial experts who write about money or the real mover, shaker and policy maker? Ben Bernanke is part of the ultra-rich in America who we can follow as an example. What products does he use to protect his money from ultimate losses, whether living or dying. That is right! He owns retirement annuities.

Ben Bernanke’s two largest personal investments are in fixed and variable annuities. That is right! Google it!  He owns both fixed and variable annuities as part of his portfolio. Do I hear crickets chirping? Despite being the single most influential human on earth when it comes to money, the former chairman of the federal reserve believes in protecting his principal. How about you?

Why would Ben Bernanke want to own tax-deferred vehicles like annuities? Does he know something that your financial advisor or banker does not want you to know? Consider his mindset: maybe the guarantees provided to his retirement nest egg with an annuity are the signal most deciding factor in his personal retirement philosophy. The ultra-rich don’t want to loose their hard earned retirement either.

So think about it, maybe Ben Bernanke knows something self-proclaimed financial experts do not understand. It’s not about cost, it’s about what you get for your money that matters most.  Heavy hitters in the millionaire/billionaire club figured out a long time ago that it’s not what you spend, it’s what you earn; and really what you keep. Safety and security. That is why owning a fixed indexed annuity should be part of your financial plan.

Contact one of our agents at Insured Portfolios to determine if a retirement annuity is good for you. Call 505-750-4363