Retirement Income Annuities

{2:30 minutes to read} Today we want to talk about retirement income annuities once again. The subject of annuities is so often misunderstood and maligned, but think about what it would be like to have a guaranteed income at a level that would cover your monthly expenses for the rest of your life.

Think about what that could do for you. It would allow you not to have to worry about market fluctuations. It would allow you to continue to get a paycheck and that paycheck would be guaranteed. It would mitigate some of the risks, such as market risk or longevity risk. My wife’s grandmother lived to be 103, and her father is over 91. I want to make sure that my family has a safe, solid, guaranteed income for life.

So over the next few weeks, we’re going to be addressing some of the misunderstandings and explain how the various different types of annuities work. Annuities such as:

• Single payment, immediate annuities;
• Deferred income annuities;
• Variable annuities; and
• Annuities with guaranteed lifetime withdrawal benefit riders.

We want to open up this conversation so people understand that these vehicles can be very favorable and very valuable to our clients. Once you understand them, it may make sense for you to consider having these types of vehicles as part of your retirement plan.

Registered Representative offering Securities through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services are offered through G&G Planning Concepts, Inc. which is not affiliated with APFS.  Strategic Wealth Advisors Network and Gassman Financial Group are not affiliated with APFS.

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