Insurance Annuities are an Excellent Investment - Florida

In the investment world, the world of annuities is an entire world in itself. I like the investments because they are prudent and never go down. Annuities compare well against Cd's and IRA's that are paying less than 1%. Annuities have many of the same features as IRA's and CD's in that they are tax deferred but the return is much better and your money is guaranteed safe.

With bank failures on track to exceed 2009's record and the FDIC fund technically out of money (however the U.S. Treasury will provide essentially unlimited funds if needed so insured depositors should not be afraid) some people are wondering how safe are the state annuity guaranty funds. Annuity funds do not charge fees and have a guaranteed floor on what your minimum investment can be in a given year. He are some standard features of these annuity investments.

• Annuity companies may match your money 10% on day 1 (in Writing)
• Annuity companies offer an investment vehicle that is tax deferred 
• These annuity products are backed by the largest insurance company in the world.
• You are guaranteed retirement income for life.
• Over the long run slow and steady wins the race: If you compare these products versus the S & P 500, these products show a better return over time

Annuity P.U.P.I.L.s Overcome Main Retirement Risks - Immediate annuities and annuities with lifetime benefit riders can overcome retirements risks, and show why every consumer should be an annuity pupil. Here are the main risks and the annuity solutions:

Principal (losing your income due to a shrinking nest egg) – In the investment world market losses to principal can destroy a nest egg and thus destroy retirement income. In the annuity world a deferred annuity with a lifetime withdrawal benefit assures a minimum level of income that may even increase if the account value grows. An immediate annuity offers an even higher payout for life, but the tradeoff is the principal is swapped for the guaranty. Even though the annuity solutions only fully guarantee the retirement income side of the equation, the investment side solution guarantees nothing.

Uncovered Hospital/LTC Costs – Half of all retirees and near-retirees are buying nursing coverage or setting money aside for future expenses. When I last checked index annuity carriers including Aviva, LSW and RBC offered lifetime income benefits that increased payouts if the owner was confined to a nursing home and/or was unable to perform certain functions.

Inflation (losing purchasing power) – Wall Street used to do a better potential job at this, but immediate annuities are now available that are indexed for inflation. In addition, annuity carriers such as Allianz, American Equity and Forethought offer lifetime income benefits with payouts guaranteed to increase each year.

Longevity (outliving your money) – Only an annuity offers a guaranteed way to solve this problem.

It's time to take retirees to school and and show them the benefits of being annuity pupils.

Typical customers include:

The standard customer includes someone who wants to invest their 401K or their 203B in an intelligent way much better than the return you are getting on your typical CD or IRA. The investment has a guarantee but is also tied into the S & P index so you can the benefits of a good year in the stock market in a tax deferred way. There are many options to choose and I will give a few examples.

• Anyone with CD's and IRA's saving for retirement
• Anyone interested in guaranteed income for life who wants to be able to sleep at night
• Anyone with a substantial portfolio who wishes to lower the risk of their portfolio

Just like real estate investments just like buying stock, you can taylor your annuity selection to match your investment personality. There are aggressive annuities and there are conservative annuities. It is our job to match the correct one to your investment goals.

Please call: 561-329-0075  Preston Ware