It’s All About Safety, Flexibility and Guarantees!

Do you know that a person retiring soon, can expect to be in retirement 20 years or more?  That is a long time for retirement money to last!  Wouldn’t it be great if we had a pension plan like our parents and grandparents had?  That way, we could never outlive our money.  Well, corporate pension plans are mostly gone and nowadays, our retirement funds are in 401K’s, 403 B’s, Mutual Funds and Stocks.  What is scary about that is that our money is at risk, usually invested somehow in the stock market which has been known to lose our money.  We can move our money to safe investments such as CDs.  Taking inflation into consideration, this is a safe way to slowly lose our money.  Fortunately, we have another option.  It is an insurance product called a “Fixed Indexed Annuity with a guaranteed lifetime income rider (GLIR).”  Its’ advantages include:

  • Flexibility and Safety
  • An Income stream that you can never outlive
  • You will never lose your money
  • It allows for the “upside” growth potential of the stock market, without actually being “in” the stock market
  • Free withdrawals
  • A Death Benefit
  • Terminal Illness and Confinement options
  • Bonuses for investing your money for the long haul
  • You do not have to “medically qualify”
  • Money can grow tax free

Does this sound “too good to be true”?  Well, it is a guaranteed private pension plan backed by very reputable, financially sound and savvy insurance companies which are licensed and further insured by the State Bureau of Insurance.  Best of all, there is never any obligation or pressure to buy when working with me.  Why not check it out further? What do you have to lose?

 

 

 

Fixed Annuities

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A fixed annuity is a type of life annuity . Annuities are financial products sold by insurance companies that makes a series of future payments to a buyer in exchange for the immediate payment of a lump sum (single-payment annuity)  or a series of regular payments (regular-payment annuity), prior to the onset of the annuity.  When the annuity is annuitized, the insurance company makes guaranteed payments to the buyer (annuitant ) for the life of the buyer.  This is a great tool to use for retirement since the buyer can never outlive his income stream from the annuity.

There are two phases to an annuity, the accumulation phase and the distribution phase.  It is possible to structure an annuity contract so that it only has a distribution phase.  This is called an immediate annuity.

Annuities that make payments in fixed amounts or in amounts that increase by a fixed percentage are called fixed annuities.  Variable annuities, by contrast, pay amounts that vary according to the investment performance of a specified set of investments like the stock market.

Paula can shop for the best products from many reputable insurance companies including:

  • Genworth Life and Annuity
  • Allianz
  • Prudential
  • Mass Mutual
  • Met Life
  • Mutual of Omaha
  • Prudential
  • Jackson Life