Choosing an Annuity - Making the Right Decision for Retirement

Choosing an Annuity – Making the Right Decision

By Cathy DeWitt Dunn

If you are one of millions of Americans who are choosing an annuity to buy, don’t feel overwhelmed. There are thousands of websites you could visit to help sort things out…but you may end up feeling even more confused than when you started.

There’s no question that annuity products can be very complex and, on top of that, there are hundreds of annuities from which to choose. Which one will be best for you? Making the right choice will be critical to helping secure your retirement future.

Perhaps a better place to start your search is changing your line of questioning from “What’s the best annuity for me” to “Who can I trust to help me when choosing an annuity?”

Meet Cathy DeWitt Dunn from DeWitt & Dunn Financial Services. As a retirement income planning and annuity expert, Cathy has helped thousands of individuals and families learn how to protect and grow retirement assets. She helps Texas residents create income that can’t be outlived, and provide a financial legacy for future generations, while eliminating stock market risk.

Despite the economic roller coaster over the years, Cathy’s annuity clients haven’t lost a penny due to stock market volatility. This is powerful evidence of expertise that could be put to work for your benefit.

Cathy can walk you through the pros and cons of owning an annuity. Through their experience and expertise, you can gain a better understanding of which annuity may work for you and which ones you may need to avoid. When choosing an annuity, you want someone who will listen to what your specific needs are, who will shop for the best annuity for YOU. Cathy says, “If you take a look at the companies that we’re working with, you’ll see that we’re able to shop your growth and income plan strategy with all the different annuity companies out there, not just one, two or three. What happens is we get that information back and, based upon your personal scenario, your situation, your age and when you’re looking to take a retirement income, we’re able to give you the top three growth and income performing annuities that will help secure your retirement.”

Finding an Annuity Expert: Important Questions to Ask

  • Is the person you are considering working with independent? Or is he or she tied to selling specific products?
  • How long have they been in the business? How many people have they helped?
  • Will they provide client references? Real people you can talk to?
  • Do they have a clear, concise message that’s educational instead of sales-y?
  • Does their educational material make sense?
  • Are you comfortable with them? Can they answer all your questions?

Choosing an AnnuityTo learn more about how annuities actually work, check out Cathy’s free educational video series. These videos offer an inside look at high quality fixed income products, including fixed index annuities, which can provide you retirement income planning flexibility and a powerful growth component. Also, tune into Cathy each week on DeWitt & Dunn Financial Services Radio, as she shares insights on meeting the retirement challenges faced by millions of Americans today.

An easy way to see if your retirement income strategy measures up is to sign up for our free video series, “Securing Your Retirement Future,” which helps educate you on how fixed index annuities work…and how you can use them to GROW AND PROTECT your retirement assets.

Cathy DeWitt Dunn of DeWitt & Dunn, LLC, is the driving force behind Annuity Watch USA. With decades of experience in the financial services industry, Cathy has dedicated her practice to educating clients on how to take maximum advantage of financial solutions that are not available in traditional brokerage houses. Cathy is proud to be on the forefront of innovative financial solutions for the individual investor.

This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation.

Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer.

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Disclosure: Indexed annuities are insurance contracts that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed annuity for its features, costs, risks, and how the variables are calculated. A fixed annuity is intended for retirement or other long-term needs. It is intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed or indexed annuity is not a registered security or stock market investment and does not directly participate in any stock or equity investments or index.


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