How can I increase my income without decreasing the safety of my investment?

SOLUTION

"Don't put all your eggs in one basket." This quote still holds true today. Diversification of assets is a prime financial planning strategy. Putting some of your assets in an annuity could add to the safety of your entire portfolio.

I am worried that a lawsuit, a bankruptcy caused by major medical bills or liens from creditors could take my lifetime savings and leave me hardly anything for my retirement years. Most financial accounts are subject to such claims. How can I protect my lifetime savings for my own retirement income?

SOLUTION

Annuities can offer special protection from creditors, lawsuits, bankruptcies, etc. under creditor laws of each state. Your legal or financial advisor can give you specific information about your state.

I invested in bonds to protect my savings and have regular interest income. I didn't realize that when interest rates increased, that the value of my bond principal would decrease.

SOLUTION

With a bonus annuity, it is possible to increase your principal by 5% immediately which will help recover losses on your bond portfolio and protect 100% of your principal in the future.

My market investments have been great and I am pleased. I am concerned, however, that the market will not continue to go up forever.

SOLUTION

To offset the effects of inflation, the index annuity offers potentially higher benefits indexed to the performance of a broad range of 500 common stocks. You can lock in your stock market gains and still participate in future market gains if the market continues to grow.