Protect From Market Loss
Facts
The Problem
Having lived through the dot.com meltdown of 2000 and the mortgage crisis of 2008 where the market lost 50% and 39% respectively, they would like to remove themselves from this risk in order to stabilize retirement.
A couple entering retirement, ages 73 and 69 have $1.5 million in retirement funds. That position along with Social Security and a free and clear home allows a comfortable retirement
The Solution
Move the retirement out of the market and transfer them into a fixed indexed annuity which protects 100% against market loss, while offering a number of allocation options for account growth.
The Outcome
The clients have now eliminated the risk of market loss assuring reliable retirement income and stability of retirement capital.
Summary
The risk to principal, and therefore to income, is very real when the money is in the market.
Fixed Indexed Annuities protect 100% of market loss, stabilizing the retirement picture.