Is Fixed Indexed Annuity Right for You?
Fixed indexed annuity is the right solution for the majority to build, grow, and preserve their wealth; but that certainly doesn’t mean it’s the best option for you too. Only you know your financial goals for retirement, so only you are in a position to determine whether fixed index annuity is right for you.
Before purchasing a fixed indexed annuity, you should know the answer to the following questions to determine whether fixed indexed annuity would fulfill your retirement goals:
- Is tax deferral of the invested amount important for you to reach your retirement goals?
- Is protection of your retirement assets and income important to you?
- Do you want accelerated growth of your retirement savings linked to stock market index?
If you answered Yes to any or all of the above questions, fixed indexed annuity is certainly right for you. The decision to buy fixed indexed annuity will greatly affect your retirement savings. It is essential to start early to ensure that you gain maximum benefit from the fixed index annuity. For more information on fixed index annuities, contact our financial consultant to help you make the right decision for you.
