Annuities
Does it seem like the cost of living just keeps climbing and you're not sure how you can possibly survive in 20 or 30 years when you retire and don't have a steady check coming in each week? Are you worried that entitlement programs like Social Security or even your company's 401k plan won't be enough to cover expenses in retirement? Would you like to have a guaranteed income that you can count on without fail once you retire?
Then annuities may be the solution you've been looking for!
An annuity contract is an agreement between yourself and our company where you agree to make a payment or series of payments today. And then, at the agreed upon date, we'll start paying you income that you can use to pay your bills, go on vacation, etc.!
So unlike life insurance that only pays out after your death - you can use the income from your annuities to live life securely knowing exactly how much you will be earning each month! And unlike mutual funds and stocks - your money is secure and you can lock in a guaranteed interest rate for extended periods of time.
In fact, there are several distinct advantages to investing in annuities, including:
- Guaranteed Income No Matter What Happens to Social Security or How Bad the Stock Market Does!
- No Cap on the Amount You Can Invest Each Year (so you can put away more money in good years that will help you earn more income in later years!)
- Tax-Deferred Earnings on Interest
- Can Postpone Initial Withdrawals Beyond 70 1/2
- Gives You More Control over Your Retirement Income
When it comes to your financial future, you can NOT count on Social Security, 401k plans, or the stock market. Annuities help you control your income during retirement so you can plan your future knowing your money is secure and generating a consistent rate of return that you can count on year after year.