Comments on: MetLife Stresses The Importance of Reliable Income During Retirement http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/ Reverse Mortgage News and Information Mon, 13 Feb 2012 00:19:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: mrreverse http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/comment-page-1/#comment-12298 mrreverse Thu, 20 Nov 2008 13:39:26 +0000 http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/#comment-12298 Met life is conducting seminars for thier insurance agents and CPA where is the croos selling of insurance products? Long term care insurance not always the best thing. many case coverage is in adequate and not in many case in the seniors best interest. But so goes promise not to cross selling. Met life is conducting seminars for thier insurance agents and CPA where is the croos selling of insurance products?
Long term care insurance not always the best thing. many case coverage is in adequate and not in many case in the seniors best interest. But so goes promise not to cross selling.

]]> By: dduck http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/comment-page-1/#comment-10398 dduck Tue, 21 Oct 2008 14:56:40 +0000 http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/#comment-10398 It would be nice if Mr. Sollmann could clarify if Met will be doing RVs, what kind, and can they cross sell with LTC, VA, Life or other products. It would be nice if Mr. Sollmann could clarify if Met will be doing RVs, what kind, and can they cross sell with LTC, VA, Life or other products.

]]> By: Sally http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/comment-page-1/#comment-10388 Sally Tue, 21 Oct 2008 12:55:48 +0000 http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/#comment-10388 Mr. Sollmann, said, "The way we look at long-term care, if you are a rational investor you really should be investing for the future expenses. Having this kind of 'back stop' might encourage people to prepare for their retirement years." Duh. I wonder how much he and other insightful MetLife executives make. Hundreds of millions I'm sure. The government has determined then, that all seniors are "irrational" investors, and therefore need to be protected, often times to their own detriment. My question is, why is MetLife allowed to sell both, when others can't? Again, in case you don't think politics play a part...which group in Washington has one of the most powerful lobbyists? Mr. Sollmann, said, “The way we look at long-term care, if you are a rational investor you really should be investing for the future expenses. Having this kind of ‘back stop’ might encourage people to prepare for their retirement years.” Duh. I wonder how much he and other insightful MetLife executives make. Hundreds of millions I’m sure.

The government has determined then, that all seniors are “irrational” investors, and therefore need to be protected, often times to their own detriment.

My question is, why is MetLife allowed to sell both, when others can’t? Again, in case you don’t think politics play a part…which group in Washington has one of the most powerful lobbyists?

]]> By: M&A http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/comment-page-1/#comment-10361 M&A Tue, 21 Oct 2008 04:57:01 +0000 http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/#comment-10361 I agree to your opinion. I agree to your opinion.

]]> By: dduck http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/comment-page-1/#comment-10336 dduck Mon, 20 Oct 2008 23:26:11 +0000 http://reversemortgagedaily.com/2008/10/20/metlife-stresses-the-importance-of-reliable-income-during-retirement/#comment-10336 As usual it is a few bad apples that make the barrel stink. Using the proceeds from a RV to fund an Immediate annuity and/or to provide for estate legacy/liquidity is the next best thing to sliced bread. However, my broker dealer had me sign off that I would never recommend an annuity or life insurance if the premiums were from "borrowed funds". Another case of throwing the baby out with unreasonable regulations. By the way, you over 65 people are also considered addled mentally, when it comes to buying variable annuities; your application has to get an extra level of scrutiny. As usual it is a few bad apples that make the barrel stink.
Using the proceeds from a RV to fund an Immediate annuity and/or to provide for estate legacy/liquidity is the next best thing to sliced bread.
However, my broker dealer had me sign off that I would never recommend an annuity or life insurance if the premiums were from “borrowed funds”. Another case of throwing the baby out with unreasonable regulations.
By the way, you over 65 people are also considered addled mentally, when it comes to buying variable annuities; your application has to get an extra level of scrutiny.

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