Guaranteed & Predictable Income

Variable, Fixed & Index

Understand what you are looking to accomplish or the goal of annuity

• If you use an annuity the right way it can take investment pressure off your investment portfolio

• Potentially allow you to only take dollars from investment

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Problems/Negatives with annuities

• Many are expensive.

• Avoid long surrender charges

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What to look out for, what is a good annuity

• Low or no expenses

• Access to your money (good annuities allow for 10% access per year without penalty).

• Income for your life or spouse life

• Creates a pension like asset that our parents had

• Finding annuity that has a increasing income opportunity to grow once start taking income

 

The right way to consider an annuity

​Having an annuity or Buffered Investment without a retirement plan, is just a product.  We suggest, working with a qualified advisor to account for all aspects of your financial picture

• Included federal and state taxes

• Your effective tax rate

• Use varying sequence of returns on all your assets (qual and non qual)

• Social security – there is over 2000 rules and 500 ways to file, a specialist that can guide you with the most efficient time that makes sense

• Health care cost – often couples don’t enter this into their projection… 

• Long Term Care – 70M care, only 3% are prepared this is probably the most important issue to address