Investing in annuities in Chandler is common for clients who desire a solid financial future upon retirement. Those in search of a retirement annuity often have many questions, which is understandable considering the various options available today and the complexity of some of the more popular products.
Kiplingers reports that a rising number of retiring boomers are making the move to annuities for their 401k rollover, IRA rollover, or 403b rollover. Why? Because Americans today are facing a historic challenge. They no longer have pensions and are concerned that the stock market is too high while interest rates are too low. They understand that spending money from their investments while markets decline is a recipe for disaster. However, by choosing the right annuity for your IRA rollover, you can enjoy the lifetime income security you crave, with a floor under your money. You not only can get income in the range of five to nine percent annually, you also may have the opportunity to grow your money and wealth over time. With the right annuity you do not have to “lock up” your money or risk it in an expensive variable annuity. Variable annuities are declining in demand while fixed index annuities are increasing in demand. Annuities have evolved over the past ten years and can now offer flexibility, safety, security, and liquidity in the proper balance.
There are many terms that can be confusing. Income annuity, index annuity, immediate annuity, variable annuity – what do all of these terms mean, and how can you choose products with the best annuity rates? How do you know you are paying the lowest fees and getting the most retirement annuity benefits? The only way to do that is to compare annuities with a qualified annuity advisor with more than fifteen years of working with annuities. Typically, a broker at a large brokerage has very little experience in annuities, even though they may be skilled with mutual funds and ETFs. Annuities require specialized knowledge because there are more than two thousand to choose from. If your broker is only showing one, two, or three annuities, beware.
At IQ Wealth Management, we know the importance of choosing a financial advisor who is knowledgeable and licensed not only in investments like mutual funds, ETFs, real estate, and other types of investments, but who also has specialized knowledge in all four kinds of annuities. Some agents are “insurance-only” agents. They are not legally able to advise you on your whole portfolio. That is a serious disadvantage. You live in Chandler because of the many opportunities for a better life. You wouldn’t want to limit yourself to one grocery store or one shopping mall. When it comes to a decision as important as your IRA rollover, you want all of your options laid out in front of you with a qualified Certified Financial Planner®, a Certified Annuity Specialist®, a Certified Public Accountant®, and a Certified Income Specialist™. You get input from all four at IQ Wealth Management.
Many people prefer working with a best-selling author on the subject and a radio host on Money Radio who talks about the subject on a daily basis. Steve Jurich is the best selling author of Smart Is The New Rich and can be heard daily on Money Radio in Phoenix (KFNN AM 1510) as well as on Sunday mornings at 11AM on KKNT Radio, AM 960. type of investment, and dedicated to helping ensure you have a secure financial future.
There are plenty of products out there for investment purposes, but the truth is few provide the security and peace of mind an income annuity provides. Perhaps you have considered a 401k rollover or IRA rollover. The fact is, most who are approaching retirement age do not fully understand the various products used to provide income as they age, or how those products actually work. One question you may have is “What is an annuity?” You’re not alone – many have this question. Basically, an annuity is an insurance product that provides income as part of your retirement strategy, ensuring you receive a steady income stream that will continue on – in other words, an investment you will not outlive.
Many people invest in stock, bonds, gold, and other products. There may be a place for these assets in your portfolio, but how will you know?
How financially stable are those products, and can you be assured that long after you reach retirement age, you will still be comfortable financially? At IQ Wealth Management, we know the markets are uncertain but your goals are specific. Investment choices—including annuities– can be confusing. The best way to ensure your retirement is to find a fiduciary licensed in both securities and insurance to give you the broad spectrum of choices to properly balance your portfolio. That’s why more retiring engineers, teachers, accountants, medical professionals, and business owners choosing to step away from staying totally committed to the uncertainties of Wall Street, and are choosing to work with a team of advisors that includes a Certified Financial Planner® who can provide you with all of the details regarding annuities, and can build a complete financial plan to help you arrive at your preferred outcomes in retirement.
