As founder and CEO of The Educated Wealth Center, LLC in West Palm Beach Florida, John describes himself as an advocate and educator for retirees. “You shouldn’t have to lose sleep at night wondering if you’ll have enough to live comfortably. There are proven strategies that align your resources properly to ensure you will always have enough” he says. One of those proven strategies lies in knowing how to use annuities to ensure a constant flow of income – a pitch that isn’t always popular.

When advising his clients, John Convery lists the safest types of investments: certificates and deposits with certain banks, US Treasury Notes, Fixed and Indexed Annuities. The problem with all of those investments, he says, is that interest rates are so low that “you die a death of a thousand cuts.” Indexed Annuities are the notable exception. “We like to see clients using indexing so they can benefit from the gains of the market without risking the losses. Over time, indexing should allow them to keep their incomes in pace with inflation.” However, he warns, “it’s not going to allow you to make a fortune in the market. But over time, it should allow you to outperform inflation. If you can accomplish that, then you’re going to be alright.” Modest goals for a modest time, but in a market this volatile, feeling financially secure is worth a fortune.