The right tool for the right gap.
Once we know where you stand, these are the tools I use to help close a gap, protect what you've built, and create income you can count on. I'll only recommend one if it genuinely fits.
Guaranteed income: your retirement's spare tire
You don't plan to get a flat, but on a long road you'd never leave home without a spare. Guaranteed income covers your essential bills no matter what markets do, so a bad year becomes an inconvenience instead of a crisis.
The solutions
Multi-Year Guaranteed Annuity (MYGA)
Best for: Savers who want a fixed rate for a set period
Like a CD from an insurance company: a guaranteed rate for 3-10 years.
Fixed Indexed Annuity (FIA)
Best for: Pre-retirees who want growth potential with principal protection
Earns interest linked to a market index, with no loss of principal from market declines.
Lifetime Income Annuity (SPIA / DIA)
Best for: Retirees who want a guaranteed paycheck for life
Turns a lump sum into income that starts now or at a future date and lasts as long as you live.
Income Rider
Best for: People who want growth now and guaranteed income later
An optional feature that guarantees a lifetime withdrawal amount.
Cash-Value Life Insurance
Best for: Educators and families who want protection plus a supplemental retirement resource
Death benefit protection with cash value that can supplement retirement income.
Legacy Planning
Best for: Anyone who wants to leave money to family or charity efficiently
Strategies to pass on assets clearly and efficiently.
Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are long-term products and may have surrender charges for early withdrawals. Index-linked interest does not represent direct participation in any market index.
Not sure which, if any, is right for you?
That's exactly what the Retirement Gap Analysis is for.