Create your own guarantees and take control of your retirement: with a guaranteed lifetime income and a guaranteed income account growth rate!

Fixed Annuities and Fixed Indexed Annuities now offer more flexibility, more choices and more growth potential in how and when you decide to distribute your income in retirement.  Keep in mind that there are lifetime income benefits offered with some Fixed and Fixed Indexed Annuity contracts that stand above the rest when these specific goals are needed:

1. A Guaranteed Lifetime Income you cannot outlive
2. The ability to control your money and how it is distributed (No Annuitization Required)
3. More and better choices: The Fixed Indexed Annuity products and the income riders available today all vary in benefits. There are income riders that offer 5%, 6%, 7%, 8% and even10% guaranteed income account growth annually. Some grow interest compounding and some are simple interest. Some have payout percentages based on age and others are a flat percentage no matter what is the age of the contract owner. Some have cash value fees ranging from .0040% to 1% annually and some do not have any internal fees. But they all provide a guaranteed lifetime income based on the financial strength of the issuing insurance company. If you are interested in these types of benefits please contact a trusted Safe Money Rep or contact the Learn How to Retire Network to learn more.
4. Guaranteed spousal income benefits also available
5. Avoid probate and pass on remaining annuity contract value to your heirs.

Quick Example of a Guaranteed Lifetime income benefit:

Let’s explore a hypothetical case to see how a guaranteed Lifetime Income benefit can insure a future retirement income that can not be outlived.

After completing a fact finding analysis of Jim's financial situation and goals, Jim's agent recommends taking the $100,000 of his 401k savings to purchase an annuity with a Guaranteed Lifetime Income Benefit.

Hypothetical return; for illustration purposes only. Not a prediction of future performance. There is a rider fee that will come out of the cash value to provide the income benefit. This fee will continue to be taken against the contract value as long as the contract is in force or the rider is terminated. * Income account value can only be taken as income to the initial contract owner. All Guaranteed Lifetime Income Riders are different. Please consult with a trusted Safe Money Representative before choosing these types of products.

This information is provided to you to give you a brief understanding of a Guaranteed Lifetime Income Benefit that is available to you.  This Strategy can work for more then just 401k money. This can be a great replacement or compliment to your existing CD, bond, IRA, and even a portion of your Savings. The diversification of your money is one of the most important concepts to understand within your financial plan. These types of contracts are for the money you can not afford to lose.

Annuities are the only way to guarantee a lifetime income stream, but there are many different annuities to choose from. Here is a MAJOR MISCONCEPTION ABOUT ANNUITIES: “When you die all the money left in your annuity goes to the insurance company not your heirs”.

THIS IS NOT TRUE. If you purchase a life only SPIA with no period certain then this will happen. A life only SPIA will allow for the highest income stream but upon death the remainder will go to the insurance carrier. This only applies to a SPIA with a life only payout.

1. SPIA – Single premium immediate annuity

SPIAs offer an immediate income stream for the period that you desire i.e., 2,3,4,5,6,7,8,9,10 years, life, life with guaranteed certain of 5,10,20 years. When deciding to use a SPIA for income you essentially annuitize your money. In most cases you do not have access to your principal in emergencies, only your income stream. You are also locked in to an interest rate between 1% and 3% depending on when you purchased your SPIA. (Visit www.learnhowtoretire.com for more detailed information about SPIAs & SPDAs (single premium deferred annuities))

We promote “Individual Empowerment Through Education” Understand the facts and only work with people you can trust! If your broker is not offering these types of products and you are interested, please contact us. Your broker needs to be educated as well. Please share your thoughts with us by emailing info@safemoneyalternatives.com , commenting on our blog postings www.learnhowtoretire.com/blog or contact us at 1-800-790-7791.

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