The Strategy for your Retirement Fund
Have you invested years or possibly decades building your retirement fund? Perhaps you diligently put part of your paycheck into a variable annuity, mutual funds, or shares every month. Or maybe you built up your retirement fund by improving the equity in your home and now you’re prepared to scale down and cash out. Regardless of the way you got [...]
Categories: retirement fund Tags: annuitization, annuity company, retirement annuity, retirement investments
Strategic Retirement Investment Options
The hypothetical scenario: ‘You’re in your mid-60s and finishing your last year of working. You and your wife both receive Social Security totaled at about $20,000 per year and you have about $500,000 in your IRAs. With your job you’ve been breaking even spending about $45,000 a year. You’re a conservative investor. Question: What retirement investment options do you have [...]
How Annuities Work
Annuities are term deposits with insurance companies. They are similar to certificates of deposits at the bank (note: bank deposits are FDIC insured while annuities are guaranteed by the issuing insurance company). There are two types of annuities: fixed annuities and variable annuities. Fixed annuities have these features: Your principal is guaranteed, it will never decline The insurance [...]
Categories: annuites defined Tags: annuitization, annuitize, annuity calculator, fixed annuity, immediate annuity, variable annuity
