Retirement savings: Trick or treat?

By Mitch Allen

Halloween is the time of year when we have fun with concepts that normally scare us—from gravestones and skeletons in our front yards to imaginary witches, vampires, and goblins.

But when it comes to watching our retirement savings dwindle away due to stock market losses, the fears are not imaginary. They are very real.

Unlike the market which offers both treats and tricks, protecting your money in a solid annuity-based product may be the best way to ensure you have enough money in your retirement account to last for the rest of your life.

Bill and Brody Fiesler, owners of Annuity & Estate Planning Concepts LLC, explain more:

Q: How can I make sure I don’t outlive my retirement fund? People normally don’t know how long they are going to live. By structuring your retirement money in the right annuity product, you can create a guaranteed income stream that you can’t outlive.

Q: What are some other benefits of an annuity?

Annuities offer many benefits. They are creditor-proof; they provide tax-deferred growth; they help to avoid probate at the end of life; and they are stable. And most important, they protect your money against market losses.

Q: So, I can’t lose my money if the economy collapses? Correct. Through a contract guarantee, the insurance company that issues the annuity can ensure you will share in the gains when the market goes up, but when the market is flat or goes down, your money is locked in—you won’t lose anything. In other words, it’s all treat with no downside tricks.

For a limited time, get more information—and a free lunch with Bill and Brody—by scheduling a no-cost consultation at 216-503-1779.

Annuity & Estate Planning Concepts LLC is located at Corporate Plaza One, Suite 160, 6450 Rockside Woods South, in Independence.