ANNUITIES
See Our Post: How Annuities Empower a Fulfilling Retirement: How to Unleash Your Power to Spend
DON’T LOSE YOUR INCOME
Annuities are the contracts between you and the insurance company that allow you to accumulate more wealth with guaranteed rates of return and avoid market risk. The Insurance Hub’s experienced agents will determine if this is a good option for you and will find the highest rates.
Check out Cesar on ABC’s The Suncoast View, Discussing Annuities
Learn about How Annuities Empower a Fulfilling Retirement:
Unleashing the “License to Spend”
CREATING A PLAN FOR THE FUTURE
If you’re saving or approaching retirement, annuities are a great way to get your finances in order while providing asset protection. There are different types of annuities, each with unique features to aid in reaching your financial goals.
What exactly are annuities?
These are insurance contracts that make ongoing payments to you now or in the future depending on how you have them set up. They are designed to give you guaranteed income or can protect your retirement savings. For most individuals, annuities provide three things:
LEARNING THE BASICS
No one knows how long they are going to live or how much money they need because the economy is never predictable. We help you understand the basics of annuities to create a strategy for your retirement that keeps you worry free. Fixed, variable and indexed annuities all have their differences. That’s why we help assess your retirement income plan, use the tools to help implement the plan, and provide guidance for maintenance and management.
It is always advisable to utilize the expertise of a professional when retirement planning. Our team is ready to help!
Why People Buy Annuities
Welcome to the annuity arena, where amidst the debate, lies a hidden treasure trove of potential benefits! Most experts agree that everyone should have a guaranteed income stream for “needs” or mandatory living expenses, while any “wants” such as travel, a new car, etc. can be funded separately. Guaranteed income for life generally includes Social Security, pensions (if you’re lucky enough to have one), and annuities. While the skeptics have their valid concerns, let’s shine a spotlight on the often-overlooked perks that annuities can bring to the table.
Yes, annuities can be complex creatures, but within their intricacies lie a world of opportunities. Here’s why your planner’s aversion might warrant a second look:
While annuities may have their fair share of critics, they also boast a repertoire of benefits that shouldn’t be overlooked.
From guaranteed income to tax advantages and customizable solutions, annuities can play a vital role in a well-rounded retirement strategy.
So, if you have any of these benefits of annuities (or several of them) remember to consider the whole picture. Yes, they’re not without their complexities and drawbacks, but for those seeking stability, security, and peace of mind in retirement, annuities can be a valuable tool in the financial toolbox.
In the end, it’s about finding the right balance – weighing the pros and cons, understanding your priorities, and crafting a plan that aligns with your vision for the future. So, embrace the adventure, and may your retirement be as fulfilling as it is financially secure!