Stephen Gardner
Stephen Gardner
@stephengardner1·2.1M subscribers·3.3K videos

Are you being ripped off by a bad annuity?

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April 24, 2019

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Stop losing money and getting ripped off in fees.

Hey there, this is Stephen Gardner, bestselling author of Taming Wall Street and A Bridge Over Troubled Wall Street. And I want to share an experience. You can probably tell the tone is a little bit different because this is kind of a sad story, but it has a positive outcome. So I'm working with a new client that was referred to me, and he's inside of an old variable annuity and he is unfortunately really being ripped off. We found out that his fees, that he didn't know about, are over 3%. He's been with his firm for over a decade and some things about the firm were not disclosed to him; some negative things. And anyway, he came to find out that after giving this group nearly $300,000 and after being with them for 12 years, that his money has only grown by $8,800.

Yet the, the advisor, the firm has made over $98,000 in fees. He, again, was referred to me, but my lump sum chapter on these growth focused annuities that I have access to a really opened his eyes to market loss and fees and making sure that you're not being ripped off. That you're going to be able to grow your money. So, I'm just a putting it out there. If you are inside of an old variable annuity or you've lost with money with a variable annuity or you don't know what you're paying in fees, please reach out to me. I can run a report. We can dig into this and see whether it's a good option or whether it's actually not going to pan out in your favor. Unfortunately, when you lose money, it takes a long time to regain that money. It can take years! After 2008, the S&P 500 took five and a half years to get back to break even.

And so if we can help to eliminate those losses but still get good upside growth, and eliminate those fees. Those fees, Jack Bogle, founder of Vanguard said, the magic of compound interest is erased by the devastation of compounding management fees. So, if I can help you, please reach out to me. I can send you a copy of Taming Wall Street or it's very affordable on Amazon. I'm here to help you. I want to educate you on these proprietary platforms for protecting your money against losses, but still being able to get those gains that you need while eliminating the fees; eliminating the heartbreak. So again, if you feel like you're being ripped off by your stockbroker or your inside of an old variable annuity or maybe you're inside of an old fixed annuity that's only earning 2 or 3% because you signed up after the banks dropped their rates, we can certainly do better for you today.

We have more advanced options. We also have access to the very best money managers out there. And I can share all of that with you. But again, if I can be helpful or you would like me to send you a copy of Taming Wall Street, please reach out to me at Stephen [at] yourbridgeplan.com or call our office 888-638-0080 and leave a message. But thanks for checking out today's video. I want to strengthen America one family at a time and making sure you're not losing money or being ripped off by fees is part of that. Thanks for checking out today's video!

Want to learn more about how to take back control of your money?

Visit: Http://yourbridgeplan.com

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Stephen Gardner is a best-selling author of multiple books. He's

best known for Taming Wall Street which shows people how to

take back control of their money while safely growing it.

Stephen has been involved in the insurance and retirement planning

industry since 2003. He has helped families save hundreds of thousands

of dollars in fees, helped put millions of dollars of death benefit on

families all over the country and he's shown people how to get

market like returns without being in the stock market.

Stephen is on a mission to help strengthen America one family

at a time.

Guests & Subjects Covered

Taming Wall StreetSo I'mJack BogleAmazon I'mAnd IVisit Httpyourbridgeplancom

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Are you being ripped off by a bad annuity? · Stephen Gardner · Sentinel