Income Guaranteed for Life?

annuity think tankIn today’s retirement world the old rules of thumb like the 4% rule, where you can withdraw up to 4% of your portfolio as income annually and avoid burning through your assets are out the window.  A recent article picked up by Yahoo Finance highlights this point.  The article talks about how since 2008 the ideals of retirement planning have changed and the use of annuities to help supplement retirement income is a practice that has increased significantly.  There are different types of annuities and there is no one annuity for every retiree out there.  Therefore, contacting a retirement advisor or annuity expert prior to purchasing an annuity is vital to avoiding a retirement planning mistake.  Immediate annuities may be right for someone who is retired or will retire in a year or two, whereas for someone 10 years away from retirement age a variable or fixed indexed annuity might be ideal.  Fixed indexed annuities have gained in popularity due to their ability to provide gains when the market is up and protect against loss when the market dips all while providing a guaranteed lifetime income benefit in some cases.


To read more about effective retirement income planning and how to use annuities to assist a retirement strategy, visit the Annuity Think Tank.



To read the article on annuities, click here.



ATT Rate Button

Tags: can an annuity help replace the 4% rule, fixed indexed annuities and lifetime income, how to use an annuity to protect from running out of money, how to use an annuity to supplement retirement income, Income Guaranteed for Life, income planning and annuities, indexed annuities and retirement income planning, lifelong income planning tools, should I purchase an annuity for lifetime income, what is the 4% rule and is it viable, what is the best form of retirement income stream, what is the best way to plan for lifelong income

  • Delicious
  • Facebook
  • Digg
  • Reddit
  • StumbleUpon
  • Twitter
  • RSS Feed

No comments yet.

Leave a Reply