The MFGS Chronicle – July Newsletter
Have You Lost Any Retirement Savings in the Past Few Years?
If your retirement savings is invested in securities, how many market corrections will it take to convince you that you should consider another solution?
Consider what you are trying to accomplish with your retirement savings.
- You need a reliable income to bridge the gap between your expenses and what you will receive from Social Security and any pensions.
- You need that income to continue for the rest of your life, no matter how long you live.
- That income need doesn’t change based on the whims of the market.
These needs are exactly what retirement annuities are designed to fulfill. Fixed and fixed indexed annuities can provide you with a reliable income – it’s reliable because it is guaranteed by the issuing insurance company. They can provide you with that income for the rest of your life, no matter how long you live, if you choose that particular guarantee from the insurance company. And because it’s not a security, the value of your annuity and the guaranteed income produced by it does not change no matter what the market does.
It’s time that you considered the merits of a retirement savings product that is actually designed to provide what you need.
Please contact me. But in the meantime, check out this helpful publication from the Wharton Business School at the University of Pennsylvania. It just may open your eyes to the merits of annuities.
Wayne McLeod, Safe Money Adviser
Affiliated with National Brokerage