Are Annuities Safe?
Annuity plans provide a 100% guarantee of principal, backed by the financial strength and assets of the companies that underwrite them. Also, annuities have a fixed minimum interest rate (usually 3%) which is guaranteed for the lifetime of your annuity contract.
This represents a major advantage over:
which provide no such guarantee!
Equity Indexed Annuity (EIAs)
In order to retire comfortably, you will have to plan with the intention of outpacing the rate of inflation. So even though you may want to plan conservatively, you have to stay out of the trap of planning too safely.
The trick is to choose a retirement planning vehicle that places your money into something that gives you stock market-like gains without stock market risk, such as an equity indexed annuity. This doesn't guarantee instant rewards, but history has shown that these equity indexed annuities can provide you with great potential for growth.
There has never been a better time to buy equity indexed annuities. While some agents and consumers have been disappointed in the returns from equity indexed annuities over the past year, the potential for very good returns are there in the future, particularly with those equity indexed annuities that have an annual reset feature.
If you own an annual reset structured annuity, they not only didn't lose money - because annual reset EIAs treat down years as years without growth, but previous credited gains were locked in. And when they start calculating the gain for the next year, they'll start at today's (hopefully) depressed level. This is the type of market that proves the value of the indexed annuity.
Some analysts believe the market has hit bottom. That may or may not be true. However, it makes no sense to sit on the sideline waiting for the bottom, you may have already missed the bottom and now are missing potential gains. Call us today and learn how we can help you.
Call, email, or write us for your FREE copy of our
new booklet, ANNUITY OWNER MISTAKES.
What You DON'T KNOW Can Cost You Plenty!
Discover How NOT To Make These Common Mistakes!
FOR MORE INFORMATION CALL OR E-MAIL
Randy Redley, CSA, CEP
Certified Senior Advisor, Certified Estate Planner
Randy Redley & Associates
Insurance and Financial Services Since 1970
P.O. Box 672
Southfield, Michigan 48037
Offices located at:
2500 Citywest Blvd.
Suite 1900 Suite 300
Southfield Michigan 48075 Houston, Texas 77042
(248) 351-2646 (713) 267-2323
(248) 352-1753 (713) 961-4724
Copyright © 1999-2005 Randy Redley. All rights reserved.
Annuities, Planned Giving, 401k, IRA
Annuities, Equity Indexed Annuity (EIAs)