Is it time to get out of the stock market?

By Mitch Allen

Anxiety related to potential stock market losses is common right now as investors weigh the risk/return metrics in an increasingly volatile world. If you’ve been wondering whether now is a good time to protect part of your retirement savings, there is good news.

Today’s indexed annuities allow you to capture gains when the market is up, but not experience any losses. “When the market is down, your principal will remain the same with gains added on top,” explains Bill Fiesler of Annuity & Estate Planning Concepts. “Your money will grow and plateau, but never dip. With the right annuity, you can stop experiencing market loss, eliminate uncertainty, create needed income, and still leave a legacy for your loved ones while never going through probate. In addition, annuities are creditor-proof and provide tax-deferred growth.”

How Can This Be?
“An index annuity is tied to a market index, so when it goes up, you share in those gains,” explains Bill’s business partner and son Brody Fiesler. “But the insurance company that issues the annuity gives you a contractual guarantee never to experience market loss.”

In addition, Brody says, insurance companies have a pre-designed platform or growth allocation to choose from so each year you have an opportunity to change your strategies for the year ahead.

“And if you prefer a fixed rate of return you can do that, too,” Bill adds. “You can park your money in a fixed account during uncertain times, and even elect to have an income guarantee added to your contract.”

Knowledge Is Power
Smart investors educate themselves to better understand all the options before dismissing or signing on. The best way to understand indexed annuities is to sit down with Bill and Brody, then decide. Right now, the pair is making that easy with free, personalized lunch and learn sessions. Find out more in the sidebar box below.

Annuity & Estate Planning Concepts LLC is located at Corporate Plaza One, Suite 160, 6450 Rockside Woods South, in Independence. The phone is 216-503-1779.