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Welcome to the Annuity Lifestyle Magazine®
Watch this video to know more about the pros and cons of annuities, especially about the bad chicken dinner sales pitch!
Take the Worry Out of Your Retirement
February 24, 2024
My team and I talk with a lot of people about money and retirement, and the most common concern people have is that their money will not last their lifetime. As I explained in my video this week, you can unlock annuity guarantees for a worry-free retirement and set up a retirement plan that pays you as long as you are breathing.
This means that you enter into a contract with an insurance company that provides a promise to pay you a set income for your lifetime, no matter how long you or your spouse live and no matter what the market does. It is a contractual guarantee worth its weight in gold during your golden years.
One notable feature of annuities and retirement is the flexibility in choosing income start dates. This means that annuitants can have the option to commence receiving payments when it aligns best with their financial goals and life circumstances. Whether one prefers an immediate income stream or decides to delay payments for a more substantial future payout, the ability to adjust the income start date provides a level of customization not often associated with other financial instruments.
When it comes to income planning in retirement, you don't have to do it alone. It helps to have an agent in your corner to help you navigate your options and ensure you receive the highest contractual guarantees. That's where I come in. If you haven't already, book a call, and we'll help take the worry out of your retirement.