Money is Truly Risk Free For a retiree
Retirement Planning With Safe Money Guide
Over the past few years, retirement planning has become increasingly complex. Today, you need to balance a wider range of financial issues than ever before; from IRA and 401(k) accounts, to estate planning, income distribution strategies, tax changes and even how working will affect your Social Security benefits. Adding more complexity to this is the fact that people are living longer than ever – making retirement more expensive highlighting why good, solid retirement planning has become so critical.
What is The goal of this guide
When you combine the above with the tumultuous economic and political environments we are witnessing at both the national and international levels, it is not difficult to see how timely and important the notion of “safe money” has become. The goal of this guide is to introduce you to annuities in the context of your financial and retirement planning. It will certainly not answer all of your questions (as every personal financial situation is different), but it should provide a solid understanding of annuities, how they work, and how they may or may not fit into your overall planning.
What is Safe Money?
We’ve all seen the headlines… the slow economy, political instability, the mortgage meltdown, never-ending budget deficits, skyrocketing health care costs – the list goes on and on… It doesn’t take a financial professional to tell you that this has created a climate that puts a premium on solid retirement planning and a focus on stability. Given this context, what exactly is “Safe Money?” As you might expect, it means different things to different people. To a younger investor, it might mean taking a calculated risk on a portion of their investment portfolio. To a pre-retiree, it might mean money that will be there when it is needed.
For a retiree, it might be money that is truly risk free.
Regardless of the definition of Safe Money that fits your situation, a new trend is developing within the retirement planning world, where “income” has displaced “cash” as the new King. All of us, from the young investor to the retiree, can and should be looking for safe, stable returns that ensure our retirement savings are not swallowed up by market downturns or depleted prematurely.
Retirement Planning With Safe Money Guide
