While we’ve had a good run in the stock market, consider the benefits of a well-structured annuity for a portion. An annuity is the only product available that will guarantee an income for your entire life, many have low fees and they will all grow tax deferred.
Today’s longer retirement comes with a number of inherent risks that we have to consider. That includes rising health care costs, inflation, and higher taxes. Plus concerns about an increasingly unpredictable global market and future of the Social Security program.
The only good retirement plan is one that protects and provides for you for the rest of your life, and in order to do that, your plan must mitigate these risks. Clients are often seeking guidance on an array of financial risks, including experiencing protection against investment losses and how to guarantee sufficient income to meet rising costs.
You just need to create a plan based on your personal goals, assets, and expenses that also takes into account all of the potential risks of a long retirement. And here’s good news: we can do exactly that.
Annuities can function as a strategic part of your retirement plan, helping you plan for financial challenges. However, there is no one size fits all retirement plan and no one annuity that’s the best for everyone. Every retirement plan and retiree is different, with different personalities, goals, and worries. You have to know yourself and what will make you comfortable, because who wants a retirement filled with worry?
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*Advisory services offered through Trajan Wealth L.L.C., an SEC Registered Investment Advisor. Fiduciary advisor not dually licensed as a securities broker and not able to sell securities for a commission.
Annuity guarantees are based on the claims paying ability of the issuing insurance company. Any examples provided are hypothetical. Annuities are issued with prospectus and sales brochures and should be reviewed carefully before investing as features and benefits vary.