Our Services
We may be able to help you make more informed decisions for your retirement strategy. We’ll explain your options clearly and be with you every step of the way.
Retirement Strategy
Retirement strategies are evolving in response to rising living costs, increased medical care, and other economic factors. Additionally, people are living longer on average, meaning your retirement will last longer than it would have in prior decades. While you were still working and earning money, you may have invested in the markets to increase your retirement savings. However, what happens once you retire? The possible risk of investing may no longer be worth it, given that you don’t have income from your job to rely on. This, combined with the limited availability of traditional retirement income sources like defined benefit pension plans, may lead you to consider other options. If you’re looking for ways to protect your principal while earning a reasonable return** in retirement, we may be able to help.
Annuities
A fixed indexed annuity (FIA) provides guaranteed protection of principal (backed by the claims-paying ability of the carrier). The money in your FIA will remain protected, no matter what happens in the markets. An FIA also earns indexed interest at a reasonable rate of return** over time. These are the major benefits of selecting an FIA as part of your retirement strategy, but there are more. FIAs are tax-deferred, meaning any potential interest you earn is not taxable once credited. Instead, you only pay taxes when you withdraw funds. An FIA may also come with options for long-term care, or an income rider to help counteract inflation. These benefits offer more flexibility, which may make an FIA the right choice for your retirement strategy. Reach out to us to learn more.
Life Insurance
Life insurance can do much more than provide for your loved ones after you are gone. While this is important, some life insurance products can also act as a source of income for you while you’re still alive. Certain life insurance products, such as indexed universal life (IUL) insurance policies, may allow you to withdraw income during retirement tax-free.* Because an IUL is not an investment, many of the rules that come with traditional retirement account options do not apply. For example, unlike traditional 401(k)s and IRAs, IULs do not have a maximum contribution limit. You may want to use an IUL to supplement the retirement accounts you already have. Because the value of your IUL can be withdrawn tax-free* at any time, it can be useful for unexpected expenses. Everyone’s situation is unique, and you deserve a retirement strategy tailored to you. So, contact us to find out if an IUL could be right for you.