RETIREMENT PLANNING
TO PLAN OR NOT TO PLAN
The time for retirement comes for nearly everyone, whether unexpected or carefully planned. More than 40% of consumers have a retirement plan in place. Perhaps you know them –prepared and empowered – and maybe you are one of them. Another 16% of consumers are somewhere in the process of planning, while interestingly up to 44% claim to have no plan at all.
Finding the right mix of growth potential and protection for your retirement assets can be a challenging balancing act. We get that. That's why we offer fixed index annuities (FIAs) designed to do just that. You don’t have the option to wait and see what market conditions or tax rates will be before you can put your plan for retirement into motion. Life insurance can help mitigate the risks of the unknown and help you own your future. Either an indexed Universal Life (iUL) insurance policy or Fixed indexed Annuity (FIA) can provide death benefit protection, tax diversification, volatility reduction, and long-term accumulation to help you worry less about retirement, and start looking forward to it.
Neither of them are an investment in the market. It is an indexed universal life insurance product (IUL) that offers eight different index selections. One index selection, the Fidelity Multifactor Yield IndexSM 5% ER, takes a unique approach by seeking to reduce volatility in order to deliver more consistent returns over time.
HAVE YOU STARTED PLANNING for retirement?
43%
Currently have a retirement plan
16%
In the process of planning
13%
Will start planning shortly
21%
Have not started planning
TAX ADVANTAGES OF LIFE INSURANCE
Including life insurance as part of your overall financial portfolio can enhance your retirement income stream through helping control your tax allocation.
You're likely aware that life insurance can help your family should you pass away. However, including life insurance as part of your overall financial portfolio can enhance your retirement income stream through helping control your tax allocation.
The best part? You don't have to be ultra-wealthy to enjoy tax advantages!
The way you combine financial vehicles can have a significant impact on the amount of taxes you will pay in retirement, or viewed a little differently, how much you get to keep.
Life insurance is tax advantaged. Knowing how much money you need for retirement is important. However, knowing how much money you keep in retirement is just as important, but often overlooked. Many types of life insurance fit into the Tax Advantaged category and can be a generally income tax free way to help supplement your retirement income.
Have you considered how your financial portfolio is allocated?
