
If you are like most people, you are looking forward to the day you can retire. You are looking forward to days full of play, not work. Or at least you were until the recent uncertainties in the stock market made you wonder if the money you had put away would be enough. Now may be the time to consider moving your retirement money into an annuity. It may just be the safety net you are looking for.
Perhaps annuities are new to you. Or maybe you've heard about them but were told that that the market was a better investment - after all the market keeps going up right? I think that once you understand the basics, you will see that annuities are a very straightforward way to manage your investment, particularly in a volatile market.
Annuities make it simple to get your money in retirement when you need it. They can help you have a steady stream of income even if the stock market does not perform well.
With an annuity you pay money to an insurance company and then, over time, they pay you back with interest! The earnings on the annuity are tax deferred, so you wont pay taxes until the funds are paid out to you. You choose how much to put in, when you want to start getting payments, and how long you want those payments to last. They can even last the rest of your life. You are in control of your money, not the other way around!
With an annuity there aren't many surprises. They can provide an income that you can count on month after month.
If you would like more information on how an annuity might benefit you please call me at 509-892-9139 to set an appointment.
4 comments:
I am thinking about retiring this week. What do you think?
Unless you 'really' want to give up control of your retirement assets for the next number of years (or until the SURRENDER charges are gone), you may want to rethink your reason for owning an annuity contract.
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