Annuities:
Protection Benefits
Protection and Income For Life With a Fixed Indexed Annuity
If you’re worried about running out of money during retirement, you’re not the only one. Many retirees and pre-retirees share this anxiety. An annuity, however, may help you relieve this fear. It’s important to note, annuities are not all the same; some are less reliable than others. Because of this, you may have heard that annuities are bad. However, with the right type of annuity contract, you may be able to protect your money while also attaining guaranteed* income for life.
A fixed indexed annuity (FIA) is a contract between you and an insurance company. An FIA can help you save for retirement while keeping your money guaranteed* safe and generating a reasonable rate of return.** How does an FIA work? First, you sign a contract with an insurance company. Then, you contribute a certain quantity of money. After some time has passed and your money has had a chance to grow, you can begin receiving regular income payments. The regulations for when you can start receiving payments and how much money you can take at once can vary based on your specific contract. When considering retirement decisions, it is critical to know as much as possible. These decisions will impact you for the rest of your life. Could an FIA be the right option for you? Reach out to us to find out.
Flexible Guaranteed* Income
As you approach retirement, your priorities are likely to shift. For example, your risk tolerance may change. Many people become more concerned about safety as they age, because the closer you approach to retirement, the less time you have to recoup losses: you’ll need your money soon. An FIA is a reliable way to protect a large sum of your money while generating a respectable rate of return.**
If you want to learn more about these products and how they can benefit you, please contact us. Reserve a seat at one of our educational seminars, or set up a one-on-one meeting with us to address your questions. We can teach you how to secure guaranteed* lifetime income in retirement.
