Annuity Income
Annuity Income
The right type of annuity can provide you with guaranteed* protection, a reasonable rate of return,** and more. With a fixed indexed annuity (FIA) you can earn indexed interest when the market is up, but suffer no loss when it declines
Rose Financial can help you understand your options. We examine your individual goals and needs to hopefully help you make informed decisions. Could an FIA be right for you? Reach out to us to find out.
Annuity Income Misconceptions
There are a number of myths about how an annuity actually works. You might here say some agents say that they’re bad. Why is this? Well, putting aside the fact that not every agent has your best interests in mind, not all annuities are created equal.
A variable annuity, for example, invests money in the stock market. If the stock market drops, so does the value of a variable annuity. An FIA, however, is not like this. If you’re looking to protect your principal and have a reasonable rate of return,** you should look into more details about FIAs.
Annuities Then Vs Now
In the past, annuity options were limited. Some products offered protection of principal. However, these options offered lower interest rates. Others offered higher returns, but didn’t provide much in the way of protection. Neither of those are very helpful options. Thankfully, the industry has changed.
Over the last decade or so, annuity income has changed. You can now find a product that suits your needs if you work with the right company. You can get both protection, reasonable rate of return,** and other benefits. If you want to learn more, you should work with a licensed professional. Reach out to us, to determine if an annuity is the right option for you.