iOS app Android app

Immediate Annuities

Life Insurance Advisor: Out of the Closet

Don McNay | Posted 11.13.2014 | Business
Don McNay

I've called myself other titles, masking that my income comes from the life insurance industry. There are multiple reasons why my lifetime occupation became a semi-hidden secret. The industry itself went through the same kind of identity crisis.

Why the Decrease in Unions and Defined Benefit Retirement Plans Hurts Us All

Don McNay | Posted 10.29.2014 | Business
Don McNay

Is there a correlation between the drop in unions and the drop in defined benefits plans? It certainly seems like it. As defined benefit plans are going away, so is the safety net for older Americans. Most bankruptcy filers are under age 54, but there is a steady rise in bankruptcies of people over age 55.

Put Your Money in an Immediate Annuity Instead of a Lump Sum

Don McNay | Posted 02.16.2013 | Money
Don McNay

Taking money over time is a tenet of my faith. I believe in God, the Cincinnati Reds and not taking money in a lump sum.

A Different Look at Life Insurance

Don McNay | Posted 07.14.2011 | Business
Don McNay

Why give your family a lump sum and have them blow it? Most insurance policies have options to pay out over time, but few people use them. It limits them to the terms of the insurance company. Thus, I came up with a simple system.

A 60 Second Explaination of Immediate Annuities

Don McNay | Posted 05.25.2011 | Business
Don McNay

2010-12-22-pizzamoney.jpgYour relationship with your money compares to a dieters relationship to food.

Why Term Limits Don't Work

Don McNay | Posted 05.25.2011 | Politics
Don McNay

Like much of America, I'm down on professional politicians. I'm tired of people getting in office to line their pockets, suck up to lobbyists and constantly run for re-election.

"Can't-Lose" Business Investments

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Funny how falling feels like flying, for a little while." - Academy Award Winner Jeff Bridges in Crazy Heart I've been making the final edits on ...

Powerball Jack and the Wall Street Bailout

Don McNay | Posted 05.25.2011 | Business
Don McNay

If the people on Wall Street knew that no one would ever be there to bail them out, ever again, they would be less inclined to gamble with instruments they don't really understand.