The State of the Market in 2023: Index Annuities for the Future!

Welcome back to the Direct Insurance Podcast - or DIP! for short! A podcast for independent insurance agents; brought to you by Insurance Advisors Direct, a full-service FMO.  Today we sat down with Nick Mancuso from Retirable! Retirable describes the business as "... an experienced team of financial advisors and technologists, passionate about building a way to help you get more from your golden years — and we won't stop until everyone can confidently expect a better retirement." -Retirable.com Today we sat down with Nick to talk about the current state of the Financial market in 2023; and how recession impacts investment accounts. Some would say that the market is on a downward trend - but is it? Nick explains that what we're seeing in today's market is played up by media, and exaggerated. Although there have been market declines in the last year, 2023 has seen some interesting investment numbers due to the increase in Annuity investments. Index accounts are seeing the greatest returns of any investment account-types. Due to the cyclical nature of the market, index investments get all of the market growth, without any market decline. Annual resets allow for index accounts to grow with market increases; making index accounts like annuities and IULs to become more and more popular in today's financial world.Is this the best way to help clients save for retirement?Share this episode with a small business owner that you think would find this information helpful; even if they're not an insurance agent! But until then - Let's D.I.P. into insurance