Annuities
Annuity Income
Annuity Income Options
Guaranteed* annuity income can ensure you don't run out of money in retirement.
The right kind of annuity is the perfect option to keep your money safe, even in the event of a market drop, and get reasonable rates of return** on it. Of course, provided you have the right type of annuity.
Retirement strategies are not “one size fits all.” Everyone has a different situation, and therefore, everyone is in need of a different strategy. Meet with us, so we can advise you on what we believe is the best course of action for you. Where should you keep your money? We can help you decide.
Myths and Misconceptions About Annuities
There are some myths and misconceptions when it comes to annuity income. You may have heard some agents say that certain annuities are bad. Why is this? Well, for one thing, many brokers make money by managing money clients have in the stock market. Although they may make money by selling an annuity, they simply earn more if you keep your money in the market, so they avoid recommending annuities.
Also, though, it’s important that you know not all annuities are the same. Some annuity products do rely on the stock market, and the money in them could be lost in the event of a market drop. However, these aren’t the type of products we offer. We mainly deal in fixed indexed annuities (FIAs) which are products that offer all of the aforementioned benefits. An FIA can provide guaranteed* income for life, safety from the ups and downs of the market, and reasonable rates of return** over time. Additionally, we work with the top companies in the industry, ensuring that a trusted and reliable company is backing your annuity’s guarantees.
Learn More About Annuity Income
To determine if annuity income is the right option for you, you should get informed. We hold no-cost educational dinner seminars, where we explain a number of relevant topics to you. Additionally, you can meet with us one-on-one to discuss your retirement strategy and ask us questions. Together, we’ll go over a number of things that factor into your strategy. These include:
- What stage of retirement you’re in
- How much you have in liquid assets
- Your risk tolerance
- How much of your money is available for emergencies
- Will annuity income be enough to cover your expenses
- And more!
Annuities: Then Vs Now
In the past, annuity income options were limited. For example, some products offered protection of principal, but came with low interest rates. Others had better rates, but came with the risk of losing your money. Neither of these options were very helpful. Thankfully, things have changed.
Benefits of annuities have since changed. If you work with the right company, you can now find an annuity product that suits your needs. You can get reasonable rates of return,** safety of principal, and a number of other benefits, too. Furthermore, there are more options available to you now than ever.
