What is An Index Annuity?
An index annuity is a special class of annuities that yields returns on your contributions based on a specific equity-based index (S&P 500, etc). When the market goes down, your money does not suffer any loss, it on gains interest when the market increases. That sounds amazing, right? If you are looking for a good, safe, and assuring retirement plan, an index annuity is the way to go. We offer many income rider options that will pay you income for life even when your savings have run out.
How Much Of Your Savings Can You Afford To Lose?
The typical answer is usually Zero, which is the right answer. If your savings is in a 401K, etc, how much can you afford to lose? With the stock market constantly going up and down, recovering from your losses so that you can make a gain can be crucial. That is why it is important to place your money in a safe insurance vehicle where your money will not suffer from any market down side potentials.
According to the graph, if you can have your life savings in any line, which one would you choose? You would probably choose the green one, right? Well, today, most Americans have their life savings in the red line and here’s why.