Traditional Retirement Options
The most commonly known retirement savings options are 401Ks, RIAs and ROTH IRAs. They are often called traditional retirement savings options. In these traditional investment plans your money is almost always exposed to stock market declines and losses. That can significantly limit and even stop the growth of your retirement fund for extended periods of time.
The average 401K plan will run out of money in about 8 years. Today’s retirees can easily live 15-20 or even 30+ years into their retirement.
Here are some of the concerns they have.
Principal Guarantee
They want to make sure that their retirement account value never goes below the highest balance due to stock market declines.
Guaranteed Minimum Return
People want to make sure that their money earns a reasonable interest rate. Preferably, actually have a minimum annual interest guarantee to the income base. That guarantee usually is between 4% and 7%.
Life Time Income
Retirees want to make sure that they never run out of money. In other words they want to make sure they get paid for as long as they live, even after their available balance was already used up. We can help you to get all three of the above mentioned!
