Will I have enough money?

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By Ken McEntee

Now that you’re thinking about retirement, your biggest concern may be whether you have enough money in your retirement account to last for the rest of your life. Properly protecting your money in a solid annuity-based product may be the best way to ensure you will outlive your retirement account, say Bill and Brody Fiesler, owners of Annuity & Estate Planning Concepts LLC.

They explain more below:

Q: How can I make sure I don’t outlive my retirement fund?

A: People normally don’t know how long they are going to live. By structuring your retirement money in the right annuity product, you can create a guaranteed income stream that you can’t outlive.

Q: What are the other benefits of an annuity?

A: Annuities offer many benefits, including:

• They are creditor-proof.

• They provide tax deferred growth.

• They help to avoid probate at the end of life.

• They are stable.

• They protect your money against market losses.

Q: So, I can’t lose my money if the economy collapses?

A: Through a contract guarantee, the insurance company that issues the annuity can ensure you will share in the gains when the market goes up, but when the market is flat or goes down, your money is locked in—you won’t lose anything.

You can take your first step toward a guaranteed income for life by scheduling a no-cost consultation with Bill or Brody, at 216-503-1779. Annuity & Estate Planning Concepts LLC is located at Corporate Plaza One, Suite 160, 6450 Rockside Woods South, in Independence.