Nimish Shukla

Nimish Shukla

Financial Planning Professional

Nimish has spoken with thousands of customers about retirement spending. As a CFA Charterholder and licensed fixed annuity producer he values the importance of building an income stream for retirement. In addition to his work at Blueprint Income he is also a regular contributor to Nerdwallet.

Annuity Basics

Are Fixed Annuities a Good Investment?

Fixed annuities are a good investment for those looking for a safe, tax-advantaged way to earn a guaranteed return on retirement savings needed in the near future (3 to 10 years). Fixed annuities operate very similarly to CDs. Both vehicles offer a safe way to save money, crediting higher interest rates than those available through &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Basics

Can I Take My Annuity as a Lump Sum?

Whether you can take your annuity as a lump sum depends on the kind of annuity you purchase, as well as when the annuity was purchased. The following annuities offer the ability to take a lump sum: Fixed annuities Variable annuities Indexed annuities However, if you purchased the annuity within the last few years, you &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Basics

Is an Annuity a Good Investment?

An annuity is a good investment for those looking for guaranteed income or guaranteed growth of their retirement savings that is safe from market volatility. An annuity is generally not a good investment for those who need near-term access to their money and is generally not a good investment for those looking for higher risk &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Basics

Are There Any Good Annuities?

Yes, there are good annuities out there, but it’s important to do your research to make sure you get one of them. Originally annuities only existed to provide a pure guarantee, whether guaranteed income or a guaranteed return. Over time, a few different types of annuities have been created with different value propositions, demoting the &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Basics

Should I Annuitize My Annuity?

In order to decide whether or not to annuitize your annuity, you need to be clear about your goals for the annuity and how you expect to use in the future. You also need to understand how your current annuity works, whether the income amount is guaranteed, and how much your benefit has earned in &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Trends

July 2019: 10 Year Treasury Yields Drop Below 2%

It continues to be a wild ride in the financial markets. You’d think that trade war fears and some soft recent macroeconomic data would push markets lower. But that’s not what has happened at all. The stock market had its best first half of the year in recent memory. And bond prices have risen to &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Trends

June 2019: Bond Yields and Annuity Rates Down Again

In response to a decline in bond yields, many insurers reduced annuity rates this month, but top fixed annuity rates have held steady. Lincoln Financial increased longevity annuity rates, but all other carriers have reduced rates. Sentiment has shifted from believing the Federal Reserve would not change rates any time soon to conventional wisdom now &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Basics

Should I Put My Money in an Annuity?

You should consider putting your money in an annuity if you’re saving for retirement, consider yourself to be a moderate to conservative risk investor, and are interested in guaranteed income or growth. If, on the other hand, you’re looking to access funds for a near-term purchase, only want to invest in higher risk/higher return potential &hellip; <a href="https://www.blueprintincome.com/resources/retirement-income/what-happens-to-the-money-in-an-annuity-when-you-die/">Continued</a>

Annuity Trends

May 2019: What Will the Fed Do Next?

Annuity rates have held steady this month. After several consecutive months of Treasury Bond declines, things leveled off in April.