Learning the basics of how annuities work is an important part of deciding whether annuities are right for your specific retirement goals
There are many different types of annuities to choose from and the type you choose will depend greatly on your retirement goals.
Everybody's situation is different. Therefore, it's important to know how to determine which type of annuity will be best for you retirement.
Don't lose any money
in market downturns, while still making money on the upside.
Grow your income safely and never worry about outliving your savings
Pocket a consistent income so that you don't have to change your current lifestyle.
Secure a safe and protected legacy for your loved ones
And much, much more!
You're disappointed with the current performance of your portfolio and
want to have more income in retirement.
You're worried about a nearing economic downturn and the impact it could have on your retirement.
You're worried about rising inflation, taxes and future healthcare costs.
You've had poor annuity recommendations from companies or advisors that are just looking to make a quick buck off you.
You're tired of paying huge fees and not getting the attention you deserve during these hectic times.
Fixed index annuities can help you accumulate money for retirement and provide guaranteed income after you retire. A fixed index annuity may be a good choice if you want the opportunity to earn indexed interest, but don’t want to risk losing money in the market.
FIAs offer the potential to earn interest based on changes in an external index. Annuities give you a choice of several indexes and even some exclusive index options.
Your contract can earn interest based on an external index, but you’re not actually buying any stocks or shares of an index. This means the money in your FIA (your “principal”) is not at risk due to market losses.
FIAs offer the potential to earn interest based on changes in an external index. Annuities give you a choice of several indexes and even some exclusive index options.
FIAs pay your loved ones a death benefit if you pass away. (And, if properly structured, the death benefit is not subject to probate.)
Chris Owens, Owner | Licensed Agent
OWens insurance & AnnuitY SERVICES
helping protect family wealth