We incorporate strategies that give you the option for guaranteed lifetime income through the use of fixed and fixed indexed annuities.
Fixed Index Annuities (FIAs) are offered by many insurance carriers and have become very popular over the last twenty years. This type of annuity allows you the ability to grow and protect your principle from market downturns without taking market risk. The annuities allow for potential interest to be credited based in part on the performance of specific indices, such as the S&P 500, Dow Jones, JP Morgan Mozaic, Merrill Lynch RPM, and Shiller Barclays Cape.
As the selected index were to increase, your contract is credited any interest the index has earned, less the company’s stated service fee or spread. In many cases, these fees range from zero to 1.5%. These strategies have the ability to provide growth without direct market risk. The net average returns over the past twenty years range between 5–7% annually, without taking any risk.
Not all Insurance companies offer the same features, but some things to consider are:
Because of these features, and many more, studies are showing that more people are choosing Fixed Index Annuities for a portion of their retirement dollars than any other savings vehicle.1
For more information, please request a free Financial Portfolio Review and don’t forget to ask for your complimentary book written by best-selling author Patrick Kelly, “Stress-Free Retirement.”
Annuity guarantees are backed-solely by the financial strength and claims paying ability of the issuing insurance company. Fixed Indexed Annuities and Fixed Annuities are generally considered long-term retirement vehicles. They are intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed indexed annuity is an insurance product and not a registered security or stock market investment and does not participate directly in any stock or equity investment or index. Annuities are not deposits of or guaranteed by any bank and are not insured by the FDIC. With the purchase of any additional-cost riders, the contract’s values will be reduced by the cost of the rider. This may result in a loss of principal and interest in any year in which the contract does not earn interest or earns interest in an amount less than the rider charge. This does not take into consideration surrender charges which may apply to early withdrawal charges. Please read your contract for restrictions, limitations or penalties. Withdrawals will impact the Contract Value of an annuity, may be subject to a Surrender Charge and may also impact any death benefit. Withdrawal of earnings are subject to ordinary income tax, and a 10% IRS penalty may apply to withdrawals made prior to age 59 ½.