Retirement Planning for Every Situation

Retirement can seem overwhelming.

But it doesn’t have to be hard to plan for your retirement, no matter what age or stage of life your in. There are more options than the traditional planning you’re used to hearing about, like Social Security or 401Ks.

Let’s face it, Social Security won’t be around forever. It’s unfortunate, but it’s a reality a lot of future generations will have to deal with. 401K Plans that you can receive from an employer may work great, but that isn’t always an option either. You can have a savings account, but life happens, and those savings may have to go somewhere else. 

Something that’s an option no matter your employment or bank account status is an Annuity. It’s a type of Insurance policy that is the perfect solution for anyone who needs more options than the traditional retirement plan, and can be particularly helpful for empty nester’s.

If you don’t know what an Annuity is or what it does, we got you. It’s basically a do it yourself retirement plan.  In a nutshell, you provide a lump sum of money (or contribute monthly/annually) to an insurance company and in return you get a guaranteed stream of regular payments for the rest of your life (or for some specified period).*

Annuities come in two varieties: fixed and variable. Either can be a great option for you, but it’s definitely something to review with an agent. Thankfully, Mike Edwards can help you do that. His focus is on Life Insurance, so he’s got all the answers to your important questions.

If you want to learn more about this DIY way of planning for retirement, DM us or call and ask for Mike. He can tell you more and help you plan for your next chapter.

*Source: LifeHappens.org