Deferred Fixed Income Annuities-Popular Retirement Vehicle Among Ages 40-55

Are you between the ages of 40-55 and concerned about how you’re going to save enough for retirement? Like most people, we all need a well executed plan to make a comfortable retirement, a reality. People are living longer and are scared they will outlive their money. Whether you are in your 20’s or 50’s, compounding interest can be a powerful money growing tool.

Deferred fixed income annuities give savers solid guaranteed returns, with no downside risk associated with the stock market. Not to say you shouldn’t have money in the stock market to diversify, but what if there was a portion of your retirement savings that you never had to worry about losing because of investment/market performance? You can achieve this with income annuities.

Income Annuity values grow tax deferred until you reach the age which you would like to start taking lifetime income payments. The longer you wait, the higher the lifetime payout is. And keep in mind the payments are for the rest of your lifetime, even if you are 100 years old.

With Social Security a big question mark for millenials and Generation Xer’s, multiple streams of income in retirement is the way to ensure financial security in your later years. We have different plans for all situations and budgets, some plans requiring only a $50 monthly contribution for automatic payments.

Stop worrying and let’s create a plan today!