Annuities
Protection Benefits
Protection and Income For Life With an Annuity
Making sure they don’t run out of money is a major concern for many retirees and pre-retirees. And, one way to alleviate this concern may be an annuity. Not all annuities are the same; some are less reliable than others. And, because of this, you may have heard that annuities are bad. However, with the right type of annuity, you may be able to protect your money and secure guaranteed* income for life.
A fixed indexed annuity, or FIA, is a contract with an insurance company. An FIA can allow you to save money for retirement while keeping it protected* and earning a reasonable rate of return.** So, how exactly does an FIA work? First, you enter into a contract with an insurance company. Then, you contribute money. After some time, during which your money is left to grow, you can then take set payments in the form of income. Of course, there may be rules about when you can begin taking payments, and how much money you can take at a time. It’s important to do your research. Could a fixed indexed annuity be the right option for you? Reach out to Freedom Dream Team.
Flexible Guaranteed* Income
Once you reach retirement, your priorities are likely to shift. For example, your risk tolerance may change. Many people become more focused on safety as they get older because the closer you get to retirement, the less time you have to make back losses. One surefire way to keep a large amount of money protected while still earning a reasonable rate of return** is an FIA.
Want to learn more about these products, and how they can help you? Reach out to us.
Reserve a seat at one of our educational seminar events, or schedule a one-on-one meeting with us, so we can answer your questions. We can show you how to secure guaranteed* income for life in retirement.