What About Retirement Is Important to You?

Is having financial independence, more money later in life, and security, more spend able income and or simplicity in your finances important to you? Do you feel that you have addressed these important aspects with your current financial plan and the current state of the financial markets? Since most of us will live longer than our parents and/or grandparents did,( a male lives until 78 and a female 81 years,) the need for an effective retirement plan that will help fund the important things in retirement like travel, hobbies, and the overall general costs of living, is increasingly necessary. While annuities are not the only way to accomplish all of your retirement goals, they certainly can play a big part.

There are really three main benefits of using annuities in your retirement plan:
1. You pay less in Income Tax as your earnings are tax-deferred
2. Annuities can pick up where your existing IRA leaves off, except you have no maximum amount that you can put into it, and you dont have to take money out at 70 .
3. You select how your earnings could grow.
4. Money can be protected against market losses
5. Income that you can NEVER outlive
6. Annual return guarantees, risk taken on by the insurance company

There has been a lot of bad press the last few years about annuities. I believe it deals more with the bad brokers and sales tactics rather than the product. To see if annuities are right for you as an individual, ask your financial advisor or tax professional

Thanks for reading my article.my name is Tom and I am a Financial Advisor(stock broker) with a large east coast wirehouse. I am a married father of 4, ages 19,11,6, and 19 months. I am very interested theology, internet marketing, health & Fitness and Finance for more information http://www.worksmart-playharder.com

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