2681 State Route 903
Annuities were created to help you save for retirement and produce a vital stream of income for your golden years.
Over 43% of American workers have less than $10,000 saved for retirement, according to a recent report by the EBRI. Without your own savings, you will be forced to try and manage your retirement with only a social security check.
Annuities are tax-deferred savings accounts that anyone can take advantage of to replace retirement accounts that were decimated by the stock market or just never funded.
You may be thinking that social security will take care of you during retirement. Social security only covers an average of 40% of your retirement living expenses. And the wait to start these benefits keeps getting longer and longer.
Annuities have no maximum contribution limits and offer a variety of growth choices along with options to generate a paycheck each month after you retire. You control when you take income withdrawals.
If you are already retired you may be able to move your retirement savings account into an annuity to immediately create monthly income that you can use.
Here are two reasons to act now!