Our 3 Core Principles
Our 3 Core Principles
It’s our belief that three main factors go towards creating a successful retirement income strategy:
We believe that you should aim for all of these components.
If you would like to learn more about these three principles and how to implement them, please contact us to arrange a meeting. Alternatively, you can attend one of our educational seminar events. At these events, we will discuss various factors that influence your retirement, as well as tools that may help you create a long-lasting retirement income strategy.
Safety first
When you were still working, you might have felt more at ease with risk. However, as retirement approaches (or arrives), circumstances may change. The stock market has “ups” and “downs,” which is fine if you have time to wait for an “up.” However, as you get older, time is no longer on your side. You’re going to need the money soon! If you suffer a loss in retirement, you may not have enough time to recover. This is why it’s critical to build safety into your retirement strategy. If you ask us, it should be your number one priority.
Safety comes first, followed then by potential growth. A fixed indexed annuity (FIA) can assist you with this. An FIA provides guaranteed* income by protecting both your principal and any interest earned on it.
Reasonable Rate of Return**
Do you have to choose between earning a reasonable rate of return** and protecting your money? Fortunately, no. You can have both of these advantages; a reasonable rate of return** over time is possible with the right strategy, and obtaining it should be your next priority after safety. You do not want to run out of money and have to return to work to support yourself years after retirement. Certain annuities and life insurance products may allow you to protect your principal while earning a reasonable rate of return** over time.
Keep it simple
Putting together your retirement income strategy may appear complicated. With so many factors to consider, it can be overwhelming. But it does not have to be! Your strategy should not only protect your money and provide a reasonable rate of return over time, but it should also be simple and easy to understand. Having to spend your retirement carefully monitoring your accounts and worrying about the success of your investments is not ideal. Your strategy should instill confidence and a sense of security.
You might be able to get all of these benefits from a single product. Contact us to learn more about developing an effective long-term retirement income strategy. Attend one of our events or set up a one-on-one meeting with us.
