Retirement Planning
Plan Your Retirement Income
From recent college graduates to stay-at-home parents, retirement planning is essential in securing a livelihood for the later years of your life. Whether you'd like to retire early or are still not sure when you'd like to retire, obtaining a retirement plan is paramount to securing financial stability later in life. Browse our retirement planning options, from fixed income annuities to mutual income annuities and guaranteed income annuities. Still not sure what plan would best suit your needs? Contact Wanda Bastert today.
Fixed Income Annuities
Looking for a simple, straightforward solution to retirement planning? Fixed income annuities may be perfect for you. As a working adult, you get a regular paycheck. That means steady, dependable payments that we spend or save. But, once you come to the end to your working days, don't you want that regular income to continue for your retirement? As retirement approaches, you may worry about how to protect yourself from outliving your savings. Annuities are long-term financial products that can help by locking in a guaranteed income stream and even potentially growing your money while adding a death benefit for loved ones. An income annuity can provide you with a stream of guaranteed income during retirement, starting sometime in the future or immediately and lasting for life. Learn more by contacting Wanda Bastert today.
Guaranteed Income Annuities
Interested in a retirement income you can rely on, no matter what? A guaranteed income annuity may be right for you. This retirement plan offers a guaranteed income stream that is not subject to the ups and downs of the market, offering peace of mind that your money is guaranteed. Guaranteed income annuities are also flexible – policyholders are able to access their money at any given time past 59.5 years of age (restrictions, limitations, taxes and penalties may apply). Think guaranteed income annuities may be right for you? Contact Wanda Bastert to learn more!
Mutual Income Annuities
Similar in nature to guaranteed income annuities, mutual income annuities offer guaranteed retirement income. These plans are free from the unpredictability of the market and are guaranteed for the rest of your life. Not to mention, individuals with mutual income annuities are able to share yearly dividends (if declared). Individuals are able to use these dividends to purchase additional guaranteed income, growing their total net worth. As New York Life is a mutual company, you can be assured there's no better company to partner with. To learn more, contact Wanda Bastert today.