ONE OF OUR THREE CORE PRINCIPLES
Safety First
Safe Place For Retirement Money
Evergreen Team Insurance Marketing wants you to be confident in your retirement strategy. Our three guiding principles are safety, a reasonable rate of return**, and simplicity. We focus on offering you options that will protect your money from losses. To that effect, we do everything we can to assist you in finding a safe place for retirement money.
Why Finding a Safe Place For Retirement Money is Important
Earlier, during your working years, you can afford to take more risks. Specifically, if the market drops, so could your finances. If you are still several decades away from retirement, your finances have time to recover. Retirees, or those approaching retirement, do not have the luxury of time. If a crash happens, like it did in 2008 or 2020, your ability to retire may be jeopardized. Worse, if you are already retired when the crash occurs, you may not have enough money to cover your expenses, and be forced to go back to work. This is why finding a safe place for retirement money is so important so important. Essentially, safe retirement income options provide more confidence during retirement regardless of market conditions.
Protecting Your Money
When it comes to wealth accumulation, many people use their 401(k), 403(b), IRA, or other retirement plan account to invest in the stock market. The plan is to “invest for the long haul.” In theory, if you leave your money untouched, it will grow over time. In most cases, this is exactly what happens. However, as you approach (or enter) retirement, your needs may change. Your income no longer comes from employment. Instead, your savings must cover your lifestyle expenses. It’s time to make your money work for you.
Annuities As a Safe Retirement Money Option?
All things considered, a fixed index annuity (FIA) could be a safe place for retirement money.
For one thing, annuities provide a guaranteed* income. Insurance companies are required by law to set aside reserves to protect their policyholders’ funds. Our experts can meet with you to determine how much money you’ll need to be comfortable in retirement. Tax deferment is another benefit provided by FIAs. Unlike a Certificate of Deposit (CD) or a mutual fund, you do not have to pay taxes on fixed index annuities until you withdraw the money. Lastly, an FIA can earn indexed interest at a reasonable rate** without putting your money at risk in the stock market.
Interested in these products?
Reach out to us to learn more about them. Reserve a seat at one of our educational retirement seminar events or schedule a one-on-one meeting with us to discuss your situation and options. We offer a holistic approach to saving for retirement and are all about providing “safe money” options for retirement.