I Love Annuities Jeremiah Konger

We dive in to a real annuity case study to show how implementing an annuity into an overall retirement portfolio mitigates longevity risk and the client's concern of running out of money in retirement.  

In this episode, we discuss the lifetime income riders found in Fixed Index Annuities and how they can be beneficial leading up to retirement and through retirement.

We break down terms such as:

What is a lifetime income rider?

What are the guarantees of a lifetime income rider?

What are roll-up rates and bonuses commonly offered in Fixed Index Annuities with Lifetime Income Riders?

What factors are used to determine the guaranteed lifetime income payout amount?

Key Take-Aways:

1)  Fixed Index Annuities with Lifetime Income Riders help those wanting to shield a portion of their retirement savings from losses due to market volatility.  This is key during the 10 years leading up to your retirement date which we refer to as the Retirement Redzone.

2) Having a lifetime income rider with a Fixed Index Annuity can secure a portion of your savings to be used as a lifetime income stream in retirement.  By deferring the income stream, the income benefit bases grows at a favorable compounded interest rate between 5-7% depending on the product.  

3) Fixed Index Annuities allow upside growth potential when markets perform and contractually guarantee your principal is protected from market losses.  When you decide to turn on the income stream, your income will be based on the income base guaranteed rate or the accumulation value plus any market indexed interest that has been accrued, whichever is higher.



Get a Free Annuity Rates Report Here:

https://annuityassociation.com/findyourannuity

Want to chat about annuities?  Speak with me directly by scheduling your virtual meeting here:

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Discover the basics of using a Fixed Index Annuity for safe accumulation with zero market downside risk to and through retirement.

Key Take-Aways:

1)  Fixed Index Annuities offer 100% Principal Protection with a 0% guaranteed floor.

2) Fixed Index Annuities are a suitable alternative to bonds in low interest rate environments and proven to out-perform bonds.

3) Understanding the available index strategies and crediting methods available are key to a fixed index annuity that performs well.

4) Using a Fixed Index Annuity during the 10 years before and after retirement are key to shielding assets from potential market crashes.

5) Proprietary volatility controlled indexes found in Fixed Index Annuities provide opportunity for safe growth, even during choppy markets.

6) Fixed Index Annuities structured for growth typically have zero fees unless a rider is elected for enhanced participation or lifetime income.



To request your free annuity rates report or speak with a licensed professional visit https://annuityassociation.com/findyourannuity



Ibbotson Report:  Annuities:  Consider The Alternative:  https://d1aettbyeyfilo.cloudfront.net/annuityassoc/12118405_1597171559139Ibbotson_Fixed_Indexed_Annuities18_1.pdf

In this episode, we break down the basics of the 5 different types of annuities, what their intended purpose is and how they can be used appropriately in retirement.

1) Immediate Income Annuities

2) Deferred Income Annuities

3) Multi-Year Guaranteed Annuities (MYGA)

4) Variable Annuities

5) Fixed Index Annuities

Understanding the basics is the first step in determining if an annuity is right for you, if so, which type, and then how much to consider investing to meet your overall goals.

Get a Free Annuity Comparison report here:  https://annuityassociation.com/findyourannuity

Key Take Aways:

#1  Annuities are tools just like any other financial vehicle.  When you understand their intended purpose and how to use them appropriately in a retirement portfolio, they can be very powerful.

#2  Annuities are one of the only vehicles in the financial world that offer contractual guarantees on safety, growth and income for life.  

#3  Fixed Index Annuities can be a powerful tool to shield your retirement nestegg from market volatility during the most crucial period of time which is 10 years before and after retirement.