Annuities

  Protecting your retirement nest egg in your senior years, allowing you to enjoy life with your friends knowing that

you have made the right decision.

Annuities since the Roman era have been providing security.  Currently, your Social Security, a Lifetime Annuity, is providing you with the security that each and every month, you will receive a check for the rest of your life. They are not new and have proven their self’s to be there in the future.

Today annuities come in 2 types, Fixed or Variable. With each there are a lot of variations to meet your objective for growth, security, duration Etc. We will provide a brief description of each so that you will be aware of each one’s uniqueness.

Why should you consider an annuity?

Guarantees & Safety

You are in control

In a recent survey, 89% choose them for safety

Can not be attached by suit or liens

Avoids probate

NO Fee's

Not affected by the stock market

Tax deferral of earned interest

Able to provide income for life

just to mention a few reasons

Contact us to select the correct annuity for you

Fixed Annuities, unlike a bank CD, bond or fund, is a contract to pay you, not just a promise to pay.  All annuities are guaranteed 100% to pay you. With a Fixed Annuity,your interest is set at a declared amount for the coming year(s). You know in advance what your interest will be. Always at or above the competitive market for conservative products. Now available as a guaranteed annuity is the Index Annuity. They allow greater performance and still the safety of a true fixed annuity.

Variable Annuities are somewhat different. They are connected to market performance to pay an interest. As the market goes up, so will your accumulated values. As the market goes down, so do your accumulated values. These are quite often sold by brokers to clients who quite often think they have all of the guarantees of a fixed annuity. Variable Annuities are a registered security product. If you have a Mutual Fund or Variable Annuity, look for a guarantee. The NASD & the SEC are adamant about ensuring that you know that your money is not guaranteed and you may lose it. When something is sold only by prospectus, there is a risk. If you hold Variable Annuities until maturity, they will provide some guarantee’s that are in the prospectus, namely as a death benefit, less any withdrawals.

You have 3 types of money

Play, Safe & Risk

Play money is what you use when you want to play a round of golf or dinner Etc. This is what makes retirement enjoyable

Safe money is where you should have your retirement nest egg. Placed into a Fixed Annuity so that you will not lose it.

Risk Money is money that you can afford to lose and not have your life style changed. If you are in the market, you have money at risk. Remember Jan. 3rd, 2000 when the Tech market began to fold? Losses’ of 50 >75% were common. As a mature investor, you know it will happen again. This is not where you should have your nest egg.

During our working years, having a higher percentage of the nest egg in the market is acceptable. We have a regular income to meet our living expenses and the growth of the market is needed to meet our retirement goals.

However, as we get older we feel very comfortable in the market, also known as complacent. As seniors, we have lost the key component of being in the market, TIME. Time is one of the key factors of being able to withstand the changes of the market. At a lower age we took the downturn in stride because we knew that it would rebound over the years. 

With the down turn of the market, starting Jan. 3rd, 2000 (Check the history) retirees started losing no matter where they were in the market. Many as of today still have not recovered because their losses were so high. 

Fortunately many rediscovered the old and reliable---- annuity. The annuity is not affected by the market fluctuations and they retained their retirement fund. 

 Click on the attached pages for more information about the different types of  Fixed Annuities

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