A fixed index annuity sales pitch for people having second thoughts. The presenter argues that buyer's remorse is irrational fear of missed opportunities, and reminds you that you bought protection from market losses and guaranteed retirement income.
Chapters
You've recently decided to put some money into a retirement insurance contract. It's an important decision because it's money you will need in the future, so you might be having second thoughts or doubts about whether or not it's the right decision. You might even be thinking that you want to cancel this transaction. Well, relax, that's normal. We all do that. In fact, it's so common that psychologists refer to it as buyer's remorse. They say that it comes from the fear that we might have missed something or that we might later fear that we will regret our decision. But psychologists also say that it's almost always an irrational fear and that the best way to overcome buyer's remorse is to simply remind ourselves of the benefits we are deriving from our decision or the problem we are avoiding or resolving with our decision. For example, we should remind ourselves of how important it is to avoid investment losses on our retirement money and that a retirement insurance contract will protect our retirement savings and our retirement income from the risk—