ANNUITIES

WHY ANNUITIES??

Today's annuities have many more wonderful features that have been added in recent years. They are certainly not your Grandfather's Annuity

  • As with traditional annuities, they are one of the very few financial tools that can guarantee a retirement income that you cannot outlive! More people are worried more about outliving their income than any other fear of retirement problems.
  • Many of the new annuities are offering strategies that will give you better rates of growth than traditional "safe" income strategies. Some even offer the ability to increase your income even after you "turn it on". Even with these options, you will never lose a penny due to market downturns...
  • There are riders that will double your income if you are need help, whether that it at home or at a nursing facility. 
  • If liquidity is an issue, there are different amounts with various annuities allowing penalty free withdrawals.

WHAT OTHER FINANCIAL PRODUCT CAN OFFER THIS MUCH SAFETY?

  1. When you "turn on" your income (it's your choice as to when) you will not be drawing down from a "pot" of money. Your income will last as long as you (or you and/or your spouse) live - guaranteed!
  2. With some annuities if you don't use up all the money that you started with (including growth)  the balance can go to your heirs.
  3. In the growth period before you turn on your lifetime income, you can enjoy  good returns without risking  loses if the market crashes! Some will allow you to increase your income if the markets have gone up.

HOW WILL I KNOW IF ANNUITIES ARE REALLY FOR ME AND MY RETIREMENT ??

Annuities are not for everyone. To really determine if they are or they are not for you means you need to be taught the pros and cons of annuities. There is no "one size fits all". We will discuss with you your unique needs and wants during your retirement. We will honestly tell you if an annuity might fill one or more of your needs.

After determining what if any needs you have can be addressed with an annuity, wi will search for the best solution we can find. On the other hand, we might tell you that you are better off doing what you are doing now.