Annuities and Retirement Planning
Annuities are best known for tremendous safety. They can also be used to protect or increase your savings, or provide a protected stream of income that cannot be outlived. In addition, some provide death benefit riders to help support survivors. With people living longer, many are concerned about “outliving” their savings. Annuities may be the answer to that problem.
There are different types of annuities so it important to make sure you get solid guidance about what may be best for your specific retirement strategy.
Fixed annuities deliver a guaranteed payment over time. Fixed index annuities can be “linked” to equity markets, which can provide potential for enhanced gains.
Wondering which type of Annuity is right for you?
Talk to a Michiana Retirement Solutions agent and let us help you select the perfect annuity to meet your needs.