FIXED INDEX ANNUITIES: THE BEST OF BOTH WORLDS
Cathie CanaryWhere security meets opportunity
Learning how to meet your future needs, achieve your goals and avoid potential hazards that could knock you off track are all essential to setting up yourselves — and your loved ones — for the peace of mind and safeguarded lifestyle that come from effective planning.
FIXED INDEX ANNUITIES: THE BEST OF BOTH WORLDS
Though stocks and mutual funds have potential for a high yield, they also come at a high risk, and that’s a tough gamble for those who are a shorter distance from retirement. On the other end of the spectrum, options like CD’s and cash have minimal risk but also don’t have the power of growth behind them.
A fixed index annuity, however, allows principal protection and allows for ongoing growth opportunities through interest credits based on increases in the index. All annual interest credits are locked in and cannot be lost due to index volatility, allowing for bear market protection and guaranteed retirement income. Each year, interest credited to the contract is locked in, so you get the index’s new benchmark without the index’s recent loss.
Whether you’re nearing retirement, want growth opportunity, are shoring up a nest egg or legacy, or are concerned about risks like market exposure or outliving your money, fixed index annuities can protect your time and money.