Tip of the Week
Tip of the Week
Are you someone already in, or near, retirement?
If you are an individual that has already accumulated your retirement savings, there is a way for you to grow your money without taking any risk of losing a single cent due to stock market volatility. That is a combination virtually unheard of for the retiree (or anyone else for that matter), a combination that changes everything.
What if I told you that you could insure your retirement savings against loss and, at the same time, participate in some of the annual growth of the stock market and, maybe best of all, insure that you will protect all the previous years of growth as well?
Guess what? You can. That financial tool does exist. It’s called an Indexed Annuity.
Here's the 3 types of annuities:
1. Fixed Annuities – which are interest rate based
2. Variable Annuities – which are equity based
3. Indexed Annuities – a hybrid that shares some characteristics of the previous two
Want to learn more about Indexed Annuities and how it can work for you? Click here: https://bit.ly/3xQrEXt
#savingyourfuture #financialliteracy #iamwsb