Annuities and life insurance

If you are one of the many people who invest in a 401k, IRA, mutual fund, stocks and bonds may not have heard of the benefits and features of certain annuities and life insurance. Most of savings products and investments have risks and costs associated with them. Down markets and taxes will eat into all future earnings and potential over time. You're making someone else richer, but I will show you diversify and take some money off the table.

In order to receive a high rate of return you should be able to accept and manage risk. The risk is very expensive. It 'ok to risk money if you want to play in Las Vegas or Monte Carlo, but why risk the money you plan to use for retirement savings for the future.

With fixed annuities and fixed indexed and indexed with whole and universal life insurance, there is no downside risk and no management fees or brokerage. More of your money goes where it is needed, rather than a brokerage or financial company. This means more money for retirement in your later years.


Annuities are the only instrument in the world that can guarantee an income for life. You have your choice of immediate, fixed, variable and fixed indexed annuities. Variable annuities have a risk and taxes, but still afford the opportunity to choose and income for life.

Deferred annuities also offer a rider that you can purchase that will allow the amount of income to roll anywhere between 5-10% a year for each year defer taking an income stream for life. When you decided to finally take a stream of income, the payment will be calculated from several factors:

· Your age at the time of withdrawal

· The corresponding percentage for age

· The dollar amount, as calculated from the initial deposit plus the roll-up by taking a percentage for each year deferred income.

More are expected to differ and your age, the higher the monthly payment will be.

In addition to variable life insurance whole life and indexed universal life insurance risk and grow tax-free. When did you decide to take money from your insurance policy, are not penalized for early withdrawal and your money will not be taxed as income, because it is a loan policy.

Your cash value is not subject to tax 59 ½ rule and your income is spent when and where you want. These policies also have the benefit of death associated with long-term policies. You can knock out two birds with one stone with the policies of insurance on the life of these. Saving for retirement and take care of your family should disappear.

Be sure to consult an expert in annuity and life insurance broker to see what product or products work best for you and your family. These programs are for people who only want wealth preservation.

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