If you want to diversify your retirement savings portfolio, the experts at Assets will guide you through the investment strategies you can employ, shedding light on the different types of annuities.
You've worked hard for decades and you're ready for some retirement relaxation.
But are you in a financially secure position?
If you want to ensure a comfortable future, the team at Assets can help you navigate the world of annuities, so you can ensure regular payments when you stop working.
Their guide examines how annuities work and the benefits of the different types, including equity-indexed, deferred, immediate, fixed period, lifetime, non-qualified, qualified, flexible premium, and single premium annuities.
Check it out at https://assets.net/which-investment-option-guarantees-payments-at-regular-intervals-after-retirement
The guide is designed to help you understand the full range of investment options open for your financial planning in the later years of life.
Annuities can be a way for you to supplement income from other savings and investment vehicles, as they function alongside 401(k) plans and IRAs to diversify your portfolio and help you achieve financial security. The guide from Assets looks closely at annuities as a potential component of your comprehensive retirement planning strategy. “Retirement is a significant milestone in everyone’s life, and your decisions while preparing for it can significantly affect your financial security,” the author says. “Finding an investment strategy with consistent returns over time to supplement your other income sources is essential when it comes to maintaining fiscal stability during the golden years.”
The guide explains the basics of how annuities work, including the two distinct stages: accumulation, in which you pay premiums to an insurance provider, and distribution, in which regular monthly, quarterly, or annual payments are made in exchange for the initial investment sum.
You'll also learn about the various types of fixed and variable annuities, including equity-indexed and market-value-adjusted accounts, which are tied to the performance of stock indices.
The advantages and drawbacks of deferred versus immediate annuities are also covered in the guide, with tips on how to determine which type of savings plan is optimal based on your specific life circumstances and retirement priorities.
The Assets team of financial advisors further explains the difference between non-qualified and qualified annuities, with the ways that each type can affect your tax status and offer benefits alongside other retirement strategy components, such as an IRA or Keogh plan.
Start beefing up your retirement savings plan now with advice from the financial experts at Assets!
Learn more at https://assets.net
