“It can seem very easy for your cat to chase a squirrel up a tree, but it may be very hard to get the cat back down. Your assets behave much the same way. Your nest egg will grow if you consistently follow basic rules. However, drawing down the assets in retirement requires you to make big bets on your health, market volatility and how long you will live.”
This is what Paul Tyler, Nassau’s Chief Marketing Officer of Nassau Financial Group in Hartford, told Forbes magazine in its exploration on why post-retirement planning is more complex that you expected.
AM Best TV featured Paul Tyler, Nassau’s Chief Marketing Officer, Ramsey Smith, founder of ALEX.fyi, and Bruno Caron, Associated Director, AM Best, as they asked us all to reconsider the simplicity of annuities. Paul, Ramsey and Bruno also discussed the broader challenges and opportunities facing our retirement and annuity industry as we go digital.
Hartford, CT, Jan. 11, 2021 – Nassau Financial Group (“Nassau”) announced it has received an initial strategic investment of $100 million from Wilton Reassurance Company (“Wilton Re”) and Stone Point Credit (“Stone Point”). The strategic investment was made through the issuance of a new series of non-cumulative perpetual preferred equity and may be significantly increased as Nassau’s business grows.
The magazine notes that the podcast industry has grown to a listener base of more than 105 million, covering a wide range of subjects including investing strategies for anyone from novices to seasoned investors. Its top investing podcast list was compiled based on input from financial services professionals, including its review of That Annuity Show: