Growth and Income Annuities: A Better Way to Plan for Retirement

Growth and Income Annuities

By Cathy DeWitt Dunn

Growth and income annuities can help you prepare for the retirement lifestyle that you really want. Some financial advisors may tell you that you will spend less money in retirement than what you are spending now. We don’t believe this line of thinking.

That’s just not how life really goes. And you certainly shouldn’t plan on it.

  • More than half of all retirees suffer penalties for filing early for Social Security, before full retirement age, reducing their yearly benefits by about 8 percent.
  • Baby boomers incorrectly predict that they can rely solely on Social Security, which only pays for about 40 percent of most retirees’ needs.
  • The average Social Security check is $1,200 per month.

Growth and income annuities

On top of these sobering facts, inflation fears and rising healthcare costs can automatically put you behind the eight ball. These are huge factors that can impact the quality of life you may enjoy during retirement. A one-dimensional retirement plan that stresses static retirement income can fall flat in the real world –– to the tune of you sacrificing the potential to grow your savings while you are retired.

Instead focusing on just “guaranteed lifetime income,” we guide our clients towards implementing a multi-dimensional retirement solution that offers growth, income, and flexibility.

Our Increasing Retirement Income fixed index annuity solutions mean:

  • You can create guaranteed lifetime income without sacrificing the opportunity to leave money to your heirs or favorite causes
  • If you choose to take an income stream, you have a powerful growth component in place to fight inflation
  • You have the flexibility to access your money if your circumstances in life change…or, if you simply just “change your mind”

We specialize in comprehensive growth and income annuities –– flexible, high quality income products that provide growth, principal protection in addition to an income stream you can’t outlive. Contact us today to order your custom Growth & Income Annuity Plan that shows you the top 3 income generators tailored specifically to you. Plus, your custom plan brings the power of accumulation to life…providing a clear understanding of how your income can continue to grow during your retirement years.

Don’t be fooled into thinking you will spend less money during your retirement years. Knowing exactly how much guaranteed lifetime income you’ll enjoy in retirement is an important first step for proper retirement planning. But it’s not the only step. As annuity experts, we can help you put a retirement income strategy in place that helps you live the way you see yourself living in retirement––by keeping your money constantly working for you. Request your free Growth and Income Annuity Plan today…and take the guesswork out of retirement income planning!

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Disclosure: Guarantees and benefits are subject to the claims paying ability of the issuing insurance company.

 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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