When it comes to retirement, a little stability goes a long way.
Want safety and growth? Unsure how to make it happen?
We employ annuities in innovative ways to achieve a variety of client goals. Used as estate planning and wealth strategy tools, our annuities accumulate value on a tax-deferred basis. Alternatively we can structure an annuity to be a source of lifetime income for retirement.
What is an annuity, exactly? This video helps summarize Annuity Basics:
TWP Financial employs fixed annuities to create an income stream with a fixed rate of return. Fixed annuities usually pay a higher rate of return than a CD from your bank and they grow on a tax-deferred basis, which can substantially add to your bottom line.
An example of when we might recommend an immediate annuity is when a client is ready to retire and the main concern is to not outlive his or her money. A wise decision might be to invest in an annuity of this type, which would generate income immediately. This monthly payment would continue for the client's lifetime or the lifetime of the their spouse.
If you are interested in protecting your principal and getting a reasonable rate of return over time we recommend you consider a deferred or indexed annuity. Historically, and according to many publications, a fair assumed rate of return over time can be between 3-6%.
As the market goes up so will your account. When the market goes down, you will not lose money. This allows funds to grow on a tax-deferred basis and there are never any fees on the annuities we recommend.
Click the chart below and ask yourself, “Where would I rather have my money?”
If you are like our clients, your answer would be, “I want my money in the GREEN line.”