What you keep matters more than what you earn
You worked hard to save for a comfortable retirement. Safe money programs are designed to protect those savings from market losses while still giving them room to grow, and to turn them into income you can count on.
The quiet threats to a retirement nest egg
Most people focus on returns. But a retirement can be undone just as easily by what is lost along the way.
- Inflation slowly shrinks what every dollar buys.
- Market losses in stocks or real estate can arrive just as you need to start withdrawals.
- Taxes on 401(k) and IRA withdrawals, now and in the future.
- An untimely death that leaves a spouse or young children without the income they relied on.
- Low returns on cash, CDs and savings accounts that don't keep up.
What a safe money program is designed to do
- Protect your savings from losses when the stock market declines
- Credit interest linked to a market index in up years, with a floor of 0% in down years
- Provide guaranteed lifetime income, however long you live
- Create income that can be free of federal income tax when properly structured
- Protect your loved ones financially if something happens to you
- Roll over a 401(k) or IRA without triggering taxes
Guarantees are backed by the claims-paying ability of the issuing insurance company. Features vary by product.
Fixed indexed annuities in plain English
A fixed indexed annuity is a contract with an insurance company. Your money is not invested in the stock market, but the interest you earn is linked to how a market index performs.
The floor
In a year when the index falls, you are credited zero interest instead of a loss. Past gains are locked in.
The trade-off
In exchange for the floor, your share of the index's gains is limited by a cap or participation rate.
Income for life
An optional income rider can turn your balance into a paycheck that lasts as long as you do, even if the account runs dry.
Ask about surrender charges before you buy. Most annuities limit withdrawals above a set amount during the first several years, and we will show you how to keep enough money liquid for emergencies.
Safe money fits people who…
- Are within 10 to 15 years of retirement, or already retired
- Can't afford a major market loss right before or during retirement
- Want a guaranteed income floor that covers essential bills
- Have a 401(k), 403(b) or IRA they want to roll over safely
- Want to leave money to family without probate
Ready for a Worry-Free Retirement Plan?
Book a complimentary 30-minute Financial Review on retirement taxes, guaranteed lifetime income and protecting what you have saved. No cost and no obligation.