One Of Our Three Core Principles:
Safety First
What is the safest place for retirement money? We believe it’s somewhere where your principal is kept safe. When developing a retirement strategy, it’s critical to prioritize safety–if you ask us, it should be put above all else. Of course, the best retirement strategy depends on each individual client. There is no “one-size-fits-all” approach that can be sold to anybody. Each client requires their own personalized advice. Having said that, though, most of the people we meet agree that protecting their retirement savings is important. If it’s a priority of yours, then reach out to us; we can help by showing you options for your money you may not have considered.
What is the Safest Place For Retirement Money?
As your money grows, you may choose to invest some of it in the stock market, which you are comfortable with, because you know you have time on your side. If the market drops, you can wait until it recovers and recoups your losses. However, as you get older, your risk tolerance is likely to shift. Many retirees are concerned that if the stock market crashes again, they may lose their hard-earned life savings. If you’re approaching retirement, you’re going to need that money soon. So, you won’t have time to make it back. If you’re looking for a safer location to keep your retirement money, contact us. We might be able to help you find the options you’re looking for.

Annuities For Retirement
Certain annuity products, such as fixed indexed annuities (FIAs), may be suitable for those retirees seeking a safer approach to their retirement strategy. An annuity is an agreement with an insurance company: As part of your agreement, the company holds your principal in a reserve. Traditional savings accounts, such as CDs, also provide safety for your money. However, these accounts have contribution limits. Furthermore, they tend to provide very little in terms of interest rates. Additionally, any interest earned on these accounts is taxed. FIAs, on the other hand, are typically tax-deferred. You only pay taxes when you withdraw the money. Furthermore, FIAs have no contribution limit, may allow you to begin receiving payments before reaching the typical retirement age, and provide a reasonable rate of return** over time.
We can help you identify the safest place for your retirement money: To learn more, contact us to schedule a meeting or register for one of our informational seminars.