Independent Review of the Jackson National Perspective II Variable Annuity

What’s Covered in this Review?

In this review I’ll be covering the following information on the Jackson National Perspective II Variable Annuity

  • Product type
  • Fees
  • Current rates
  • Realistic long term investment expectations
  • How it is best used
  • How it is most poorly used

What you’ll find is that like all variable annuities, the Perspective II does some things well, but there are some limitations that you should be aware of. Bear in mind that some finer details relating to the performance of this variable annuity may not properly explained by some agents.

It’s absolutely important that you understand the key differences for yourself, so you can be sure that you made the right decision and it fits into a sound financial plan.

Annuity And Retirement Income Planning Information That You Can Trust

Perhaps you have stumbled across my website for the very first time and don’t know much about what I do. I am a fee only financial planner and self professed complete and utter math geek. I don’t get paid to sell annuities, nor do I personally sell annuities. I do like writing about them though so that others can benefit from my research.

Upcoming changes here at

Annuity Gator ChangesThe past couple years have been great working on We’ve become the most visited (over 100,000 visitors in the past 12 months), most commented on (over 1,500 comments and questions), and #1 ranked annuity review site on the web.

However, it’s not been all roses.

Whenever you set out to share information on highly debated, and somewhat controversial products – there will always be some people/companies that don’t like what you share.

Rather than fight back, or lay down; we’re just going to do a better job. This site was built to help people, and that will never change. Over the next couple months we’ll be greatly enhancing the number of products reviewed. We’ll also be doing so in a manner that keeps everyone happy: Agents, insurance companies, and most importantly – individual investors that need quality information on products they might consider for their hard earned savings.

Have an Annuity You’d Like to See Reviewed?

No problem, our team of highly trained annuity geeks can jump to it! Click here to get started and we’ll do our best to get it online as soon as possible.

Which Annuity is Best? Index Annuity vs Variable Annuity vs None at All

"So is this annuity good or bad?" - Read on to find out!

Here at we’re often asked, “which annuity is best?”

Truth is, it really depends on specifically what your looking for, as well as what works best within your specific financial plan. Anyone who says otherwise most likely has an axe to grind – or is trying really hard to sell you something.

That said, certain financial products / strategies really are better than others at realizing specific objectives. Below, is a table that helps illustrate this pretty well:

FeatureFixed Indexed AnnuityVariable AnnuityNon Annuity
Highest Minimum Guaranteed Return
Highest Potential Return
Highest Income Guarantee (via riders)
Lowest Cost
Most Flexibility
Most Potential for Loss

What we did here is looked at various things that might be important to an investor, and then identified with a simple check mark the very general investment strategy / product that works best. By no means is this exhaustive, but it does provide some key takeaways when considering the options you have as an investor.

So What is the Best Annuity?

As you can see from the table, if you’re looking for:

  • The highest minimum guaranteed return

Beware of the Following Bad Annuity Advice

bad financial adviceOne of the primary reasons was started is to act as a consumer advocate. We want to provide unbiased annuity education so readers can make more informed decisions regarding annuities; and ultimately, make sure investors use annuities the right and have proper expectations.

As a result, Annuity Gator has become one of the most popular annuity websites in the USA with tens of thousands of visitors each month. We also get thousands of messages via our secure contact form from investors asking questions and sharing their experience dealing with annuity agents. From all these questions and feedback, we’ve learned that there is a lot of really bad annuity advice out there:

  1. Flat out lies about how products work
  2. Exaggerated return expectations
  3. Annuity sales pitches 100% motivated by agent commissions and not investor benefit
  4. And lots more

In today’s post I’ll share some of the recent questions/comments that have come in from website visitors and offer feedback on how to spot really bad annuity advice. If you find yourself in a similar situation, hopefully this will help you spot the crummy agents and avoid a potentially very expensive (bad) financial decision.

Why Ken Fisher Hates Annuities (and thinks you should too)

Good financial advice or bad financial advice?Maybe you’ve seen the advertisements from Fisher Investments that offer a free report on why Ken Fisher hates annuities? If not, here’s the ad that’s been popping up on various websites I visit often:

The ad as it appears on Google Finance

The ad as it appears on Google Finance

For those not familiar with Ken Fisher and why he’s a very note worthy figure in the investment world, here is the first paragraph on Mr. Fisher per

Kenneth Lawrence Fisher (born November 29, 1950) is an American investment analyst, and the founder, chairman, and CEO of Fisher Investments, a money management firm with offices in WoodsideCaliforniaSan Mateo, California, and Camas, Washington. Fisher writes a monthly column in Forbes magazine, contributes to other financial and news magazines, has written seven books, and has written research papers in the field of behavioral finance. Fisher is on the 2011 Forbes 400 list of richest Americans[3] and Forbes list of world billionaires, and as of 2011 was worth $1.7 billion.[4] In 2010, he was named to Investment Advisor magazine’s “30 for 30″ list of the 30 most influential people on the investment advisory business over the last 30 years.[5] As of 2010, Fisher investments assets under management firm manages $41.3 billion in 38,521 customer accounts[6] and has been called the largest wealth manager in the United States.[7]