Annuities are often a confusing topic that most stay clear of. The lack of clarity surrounding the benefits of safety in retirement along with annuities often aids towards uncertainty in the future. If you wish to grow your assets without actually investing in the stock market, then taking the good old road towards annuities can be beneficial. To learn all about what they are what they have to offer, read ahead.
What is an Annuity?
An annuity is an insurance product where a lump sum premium is converted to periodic payments. These are long term and can last a lifetime. They are designed to mitigate the risk associated with post retirements by helping protect one from the risk of outliving their income.
This also works in a way to help grow money via multiple indexed and fixed accounts. As a result, you can reap benefits the same way you would from market gains but without the downside risks. You can then use the funds later on in life as you deem fit.
This also works in a way to help grow money via multiple indexed and fixed accounts. As a result, you can reap benefits the same way you would from market gains but without the downside risks. You can then use the funds later on in life as you deem fit.
Fixed indexed annuity works best for people who are looking for low risk options that offer premium protection and a lifetime of income. If this is what you are looking for, then a fixed indexed annuity today is the way to go!
Benefits Of A Fixed Indexed Annuity
One of the most popular annuities is the fixed indexed annuity. This long term saving plan offers protection from market volatility and provides opportunities for growth like no other. By relying on an underlying index a diversified portfolio reaps the desired returns. As a result, your money is never really exposed to the stock market.
Here are some of the benefits of investing your time and assets in fixed indexed annuities:
- Provision of a lifetime of income
- Principal protection
- Tax deferrals
- Flexibility and liquidity
- No Probate
- Offers no risk of being impacted by market volatility – You keep your gains!
The Bottom Line
If you are looking for an Independent Life & Annuity Agent/Retirement counselor, then email me today at anita@bobetichretirement.com for your free no obligation annuity review and get started today.
I shall help you navigate through the nuances that go into making annuities worth it. The services offered by me are free and as per the Fiduciary guidelines – you need not stress about your retirement plans anymore!
Want to Learn More?
Schedule an appointment to get a free virtual consult and explore if the product is the perfect fit for your needs.
