Simple Retirement Plan
Because of all the options available, a simple retirement plan might feel out of reach. Of course, retirees do have lots of choice to make. First, where will your money be? For instance, perhaps your money is in an IRA or a 401(k) but you aren’t really sure what it is invested in. Maybe you’re wondering if your money should stay in those accounts or if you should move them. Additionally, you might wonder which kinds of investment vehicles or insurance products might give you the best outcome in the long-term. With all these choices, we believe it is important to get clarity. A simple retirement plan is possible.
We Keep Things
As Simple As Possible
We Believe
simplicity is key
As retirement nears, it seems that things get more complex. When you are still working full-time, your retirement accounts may have been invested in stocks, mutual funds, or other investments. Obviously, these investments carry risk. So, as retirement comes into view, many people look for ways to secure their savings. You may not want to have the risk of the market impacting your retirement any longer. Of course, you need an income in retirement as well. The most important thing you can do for retirement success is to fully understand where your money is, and how your retirement works. A simple retirement plan is one that you understand, can easily implement, and helps you attain your goals.
Fixed index annuities (FIAs) and certain types of life insurance such as indexed universal life (IUL) may have the security of principal you want. In addition, an FIA can provide an income that cannot be outlived, no matter what happens in the markets. Also, you may be able to have your income increase over time through an optional income rider on your FIA. Last, but not least, and FIA may offer a reasonable rate of return over the long-term. With potentially just 1 or two products, you can protect your principal, and have a reasonable rate of return over time. Now, that is keeping things simple.
Help For
Making Things Simple
If you'd like to learn about simplifying your retirement plan and protection your money, contact us. Cornerstone Wealth & Tax Advisory is here for you. We do not charge for our educational seminars or webinars. Also, we offer no cost one-on-one appointments after you've watched or attended one of our complimentary workshops. Let us help you make things simple.
Zero Hassle Retirement
We can show you how.
Simple Retirement Plan - Explained
Once you are getting ready to retire, you might take a look at your retirement accounts. Of course, your future depends on making sure your retirement plan is ready so this is an important step. However, if you’re like many retirees, you may feel overwhelmed by this. Often, people aren’t sure how to read their statements or don’t really understand where and how their money is invested. You may also have concerns about what might happen to your retirement if the market goes down. We believe that a straightforward plan, with safety at its core, is a good path to alleviate these concerns.
To help make a retirement plan you feel confident about, retirees may think about the following:
- Where is my money now? How is it invested? What is the current risks with my accounts?
- Would my principal be safe if the market were to go down? Do I have some of my money protected?
- Do I have an advisor I can rely on to contact when I have questions? Do I understand the fees I am paying?
