Secured Guaranteed Retirement Highlights
For your convenience here are some highlights of this financial concept:
- Guaranteed safe annuity contract
- Provides a guaranty of all your principal
- Provides a guaranty of all your interest and gains, locked in annually
- Provides a guaranteed income for life, that can never run out, even if account goes to $0
- Provides index investing, you participate in market gains, but none of the market losses
- Provides a lifetime guaranteed income you can turn on and off
- Allow access to your funds
- The insurance company pays the sales commission so you don’t have to
- Offers a deferred sales charge schedule, so all of your money goes to work for you immediately
- Can offer an account or benefit base bonus to open account
- Can offer a doubling of your guaranteed retirement income for nursing or home care
- Can reduce or eliminate fees; FIA fees can range from 0% to 1.3%
- Eliminates market risk
- Provides complete peace of mind for your retirement funding
- You can change your index investment allocations annually
- Provides annual resets to your indexes, locking in all gains
- The annual reset allows contract owners to benefit from down markets
- Avoids excessive fees, the average retirement fund, 3% fee can cost you a third or more of your retirement funds
I share this information with you because it is a little known fact that a recent revolution in this concept has allowed for peace of mind in retirement, with safety, security, flexibility, and guaranties. Fixed indexed annuities are a great foundation for your retirement planning. The FIA can be designed to guaranty an income for life you can never outlive that can pay for all of your basic living needs and more.
The FIA can save you thousands of dollars annually in fees. If you have $250,000 in a 401k with a 3% fee, that would cost you $7,500 per year, income you could be living on. Over 20 years of retirement that would total $150,000 in just fees. With the FIA fee structure you can eliminate or reduce this fee and keep your money in your account to spend.
