A fixed annuity is an insurance contract that offers a guaranteed fixed interest rate on the buyer's contributions for a set duration. This type of annuity is ideal for those looking for low-risk investments that offer premium protection and a stable income stream for life.
Income In Retirement
Fixed Rate of Return
Tax-Deferred Growth
Potential To Pass Money To Heirs
Running out of money in retirement
Having steady income
Protecting the gains in your 401K and or IRA's
Avoiding PROBATE for you heirs
Taking a loss when the market corrects
Retirement plans can be based on minimizing market risk to avoid losing years worth of retirement savings due to market downturns.
The stock market can be volatile and unpredictable, and even a small loss can require a significant gain just to break even.
To avoid market risk, there are several solutions that focus on fixed insurance products with minimum guarantees that have no market risk to principal.
Plan smartly and protect what you can.