Guaranteed Income + Liquidity is finally being recognized as a powerful combination for retirement security. Lifetime income hedges away longevity risk and liquidity of assets ensures flexibility with the ability to maneuver when necessary. It is more important than ever for people to understand the difference between asset accumulation in retirement versus guaranteed, lifetime income streams. Until now, the primary goal has been to increase your assets in order to draw them down in retirement. Professors at leading universities and retirement centers around the world are now asking retirees to re-think the conventional wisdom. Using the right annuities that guarantee liquidity from day one, you can have your cake and it too:
“A portfolio of stocks and bonds cannot provide a guaranteed income for life, with Zero risk. On the other hand, the right longevity annuity contract does GUARANTEE you will never lose a dollar’s worth of principal and it will guarantee income you cannot outlive. Today, people want to protect their IRA assets and their personal retirement assets from any market loss and interest rate risk. But, they want some upside when the markets are up. I am not against having assets in the stock markets but I am against having retirement assets in the stock market WITHOUT AN INDEXING WRAPPER TO PROTECT THE ASSETS FROM LOSS. Whenever we encounter a client without the wrapper, we ask one simple question: ‘Why; what benefit are you getting from investing without the protection?’ Once people understand these specially designed tools work exactly this way, they re-balance immediately since there is no downside.
If your understanding of a longevity annuity is different than this, please contact me. I will clarify and answer any questions on a complementary basis.” Ted Bernstein, Boca Raton Tribune
You can reach Ted Bernstein at Life Cycle Planners, 561-869-4500 or email Ted to arrange for a consultation by phone or in person.
Also published on Medium.