Looking to maximize retirement income? Fixed-rate, income and indexed annuities offer different ways to get there, either standalone or in sequence. An annuity is the only financial product that can guarantee lifetime income. If you want to secure future income with an annuity, you have three main choices. Each can be appropriate for nonqualified (taxable)… Continue reading Three Ways to Get Future Lifetime Income with Annuities
Tag: fixed rate annuity
Laddering Fixed-Rate Annuities Offers Combination of Good Rates and Flexibility for Future
With today’s low interest rates, it takes planning to create sufficient retirement income without taking more risk than you need to. The days when you could get good income from a collection of Treasury bonds are long gone. You can get income from dividend-paying stocks, bank accounts, bonds and bond funds, and several different types… Continue reading Laddering Fixed-Rate Annuities Offers Combination of Good Rates and Flexibility for Future
Why Fixed-Rate Annuities Pay More Than Bank CDs
Fixed-rate annuities act much like bank certificates of deposit but usually pay much higher rates than CDs of the same term. How can insurers afford to do that? After all, both banks and insurers pay a set rate. Before we answer that question, let’s cover the basics of how each works. A very popular type… Continue reading Why Fixed-Rate Annuities Pay More Than Bank CDs
Often-Overlooked Way to Fund Your Roth IRA Has Many Advantages
A Roth IRA is a uniquely powerful retirement-savings tool because you won’t pay taxes on the money you withdraw during retirement. Different types of annuities accomplish different things and have distinct pros and cons—like the Swiss army knife of personal finance. Since they’re so varied, one type or another can work well for a Roth… Continue reading Often-Overlooked Way to Fund Your Roth IRA Has Many Advantages
Want to Do Better Than Bonds? Consider Fixed Indexed Annuities and Fixed-rate Annuities
Bond yields are low. How can investors get a better return without taking on more risk? Both plain fixed-rate annuities and more complex fixed indexed annuities (FIAs) can beat bonds. A new study* from famed economist Roger Ibbotson says that investors should consider FIAs as a low-risk bond alternative likely to produce better returns. Ibbotson’s… Continue reading Want to Do Better Than Bonds? Consider Fixed Indexed Annuities and Fixed-rate Annuities
Two Ways to Reduce Risk if the Bull Market Has Skewed Your Asset Allocation
In the current bull market, many people have made so much money they now find their asset allocation is out of kilter. People who planned to put, say, 55 percent of their money in stocks may find they’re now 75 percent in equities. A bear market could wreak havoc on both portfolios and the psyches… Continue reading Two Ways to Reduce Risk if the Bull Market Has Skewed Your Asset Allocation