Fitchburg Variable Annuities
Have you begun actively planning a strategy for your financial future? Have you decided how to save for your retirement? People are living longer today, which means that properly saving for retirement is more important than ever before.
That said, making the right choices can be difficult. There are several different factors and options to think about in order to do the right thing. The team at Retirement Income Strategies is here to simplify this process by providing helping Fitchburg clients with life insurance, annuities, and other financial products. Variable annuities are one such option that has helped us point many of our clients toward financial stability.
If you could have a retirement that was 100% financially secure, what would you do with it? This isn’t an impossible dream. You can live this type of life and Retirement Income Strategies can help make it happen.
Investing in variable annuities may be the best way to plan for the future. We understand that annuities may be confusing to you, but that’s why we are here. Our financial professionals can show you what you need to know and help you make the best choice.
A variable annuity is a financial investment that is, well, variable. A variable annuity can either be paid for with a large payment or several smaller payments. This probably sounds just like fixed annuities, and there several parallels between the two (tax deferment, the choice of lump sums or regular payments are two examples), but there are huge differences between the two kinds of investments.
One difference is the death benefit that is part of variable annuities. If you die before the insurance company has begun making payments to you, your beneficiary is guaranteed to receive a specified amount.
With variable annuities, you will also find some of the features of mutual funds, life insurance, and tax-deferred retirement savings plans. To find out more about these unique investments, contact Retirement Income Strategies, Fitchburg’s most trusted financial professionals.