Novi, MI. – Financial Advisor Richard Paul reaches out to clients and the community to inform them of the benefits and dangers of owning annuities.

Rich advises that annuities can be a great “safe money asset” to own.

“Banks sell them, brokerage house representatives sell them, the guy who insures your car can probably sell them, too,” said Richard Paul, Founder and President of Richard W. Paul & Associates, LLC. “But the real question is, are annuities any good for you, your money and your retirement? And if they are good, who is qualified to find you the right one for your unique retirement planning situation?”

When consumers are considering an annuity, it is essential that they get complete disclosure in order to make an informed decision.

Variable annuities, lifetime immediate annuities and indexed annuities all have their pros and cons that may not be visible to the naked eye.

“Don’t buy into an offer that defies logic,” said Rich. “A good safe money advisor will know how to ladder annuities and help you find the best option after carefully considering the benefits and costs of each one.”

For more information on how Richard Paul can help, please visit www.rwpaul.com.

For media inquiries only, please contact Jenn Horner at [email protected].

About Richard Paul:

Rich has been in the business for over 25 years and specializes in working with retirees, and people in what he calls the “Red Zone,” those people about 5 years before retirement who want to create a pension-like stream of income when they stop working.

Rich started his financial planning career with a large insurance company, but eventually wanted more and decided to become a Certified Financial Planner^TM because he noticed most were not certified in this business.

In addition, Rich has since become a Certified Estate Planner, Registered Financial Consultant, and opened his own Registered Investment Advisory Firm, Richard W. Paul & Associates, LLC.

Rich has also been the local guest host on the national radio show called “The Financial Safari.” The show is now in 28 states and streamed online live each week.

Besides the radio show Rich is also releasing a book, “The Baby Boomer’s Retirement Survival Guide,” in the next month or so. The book focuses on the transition into retirement, and how to construct a portfolio and give you income for life.