Secure Growth

We each have our own ideas about how we want to live in retirement, and how much money we’ll need. For many approaching retirement, this stage of their life will last for decades, and you cannot count on a predictable stock market or economy over all of that time.

So, what’s someone planning for retirement to do?

Diversify your portfolio to balance risk and growth. That includes protecting some of your money from the steep downsides of a volatile stock market. Of course, you can find risk protection in CDs, savings accounts, and the like. But, at current interest rates, your money won’t have much chance to grow. Annuities are a great way to achieve secure growth and to guarantee income you can’t outlive.

Annuities are insurance contracts that may be used to help you accumulate interest, protect your savings, or generate a stream of income.

There are 3 kinds of annuities we handle at Bridge: fixed annuities, indexed annuities and income annuities.

Fixed Annuity

If you are looking for a product that:
  • Returns higher then a 5 year CD
  • 100% guaranteed
  • Typically 5 years to 10 years
  • It is your choice.

A fixed annuity is an insurance contract, the insurance company makes fixed interest payments to the policy for the term of the contract. How much you take out or when you take it out is your choice.

The insurance company guarantees both earnings and principal.

Income Annuity

Income Annuities are usually designed to start paying income as soon as one month or within one year.
  • The income payments are guaranteed.
  • An income annuity is typically purchased with a lump sum payment, often by people who are at or near retirement.
  • This is best understood as “Pension Payout Plan.”
  • We have found that our clients receive a higher income and retain control of their assets by using our designed plans that combine a growth annuity with and an income annuity.

Indexed Annuity

Indexed annuities yield returns on your contributions based on a specified equity-based index. These annuities can be purchased from an insurance company, and similar to other types of annuities, the terms and conditions associated with payouts will depend on what is stated in the original annuity contract.

Your money can only go one way with Indexed Annuities—UP

That’s why many planning for retirement are choosing indexed annuities. With all basic fixed indexed annuity products, your principal can never decline, but it can grow with a rising index. And because they are insurance products, indexed annuities can offer a guaranteed income for your lifetime. Imagine not having to worry about outliving your money!

Many retirees say that indexed annuities give them the peace of mind that they lost, along with much of their nest eggs, during the volatile markets of 2008 and 2009. That alone makes them worth a look.

Please watch a video about indexed annuities.

Our Financial Team

Not everyone has the same situation or goals for retirement. Please contact us and we would be happy to discuss a strategy to help keep your retirement funds growing and protected.