Protect Your Capital with an Annuity

As you’re saving for retirement, any setback in the market might make you feel a little nervous. And big drops like the one we saw back in August can be downright scary to those who have invested a lot of capital into the stock market.

If you’re feeling woozy from all the ups and downs, take heart: Remember that in the stock market, what goes down usually comes back up (eventually). Sometimes a setback is a good opportunity to reassess your retirement plans, and make decisions to preserve more of your capital for retirement.

Ask yourself if you have explored all of the retirement planning options available to you. If you’re feeling doubtful about your ability to retire, it might be time to investigate the many insurance products on the market. The insurance industry has designed products to help you prepare for a more stable retirement, without having to rely upon stock market conditions.

For example, the right annuity can help provide you with a stream of income that lasts throughout your retirement years. Many employers have decided to offer a deferred fixed annuity as one investment option on their 401(k) plan menus. The current presidential administration has addressed the need for greater retirement planning options, and encourages companies to add guaranteed income products to their offerings. As a result, about 1 in 5 companies plan to take this step within the next year.

In addition, lawmakers are devising ways to help workers convert part or all of their retirement savings into annuity products. As more and more Americans grow concerned over the stability of the Social Security fund, these income-producing products are growing in popularity.

If you don’t want to wait on policy makers and your employer to catch up with the times, call our office at 800-276-8043. We can guide you through the many annuity options, and help you choose the product that is right for your needs. In the future, you can retire with more confidence, knowing that you have protected a stream of guaranteed income.