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Fixed Annuities are financial contracts with an insurance company
that are designed to be a source of retirement income. They earn a fixed
interest rate for a specified period of time.
Because these are long term contracts, you want to
make sure the company you purchase an annuity from is solid and stable.
Ask us about our company's financial stability- it's important, and we
think you should know!
Don't wait to start your IRA- every day you
delay
costs you money!
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The cost of waiting
Compare the results of an IRA contribution
established just a few months apart. What a difference a few weeks make
when annual premiums are paid on January 1, May1, or September 1!
The cost of waiting on an IRA with 5.7 percent interest*
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Years to Retirement |
January 1 |
May 1 |
September 1 |
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40 |
$303,500 |
$297,944 |
$292,489 |
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30 |
158,562 |
155,659 |
152,809 |
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20 |
75,303 |
73,924 |
72,571 |
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10 |
27,475 |
26,972 |
26,478 |
|
1 |
2,114 |
2,075 |
2,037 |
We want to help you reach your
financial goals!
Let us know when it's convenient, and we will sit
down with you to answer any questions you have.
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