Annuities 102: Fixed Annuity
In the first installment in this occasional series of blogs, we wrote about annuities and provided a 101 guide and introduction. In that blog, we
January 17, 2022
In the first installment in this occasional series of blogs, we wrote about annuities and provided a 101 guide and introduction. In that blog, we
While you can purchase a fixed annuity at one point in your, it’s often advised that you wait until you’re closer to retirement. Regardless of
How much money do you need to retire? That’s an important question that can be answered with the assistance of a financial calculator. And, specifically,
Also known as a fixed-index annuity, index annuities are essentially a hybrid of a fixed and variable annuity. The reason being is that index annuities
As stated several times in this guide, your fixed annuity contract should include a minimum guaranteed rate. If you need a refresher, this just means
While this has been previously mentioned, some people might still be unclear on what the accumulation phase is. This is the period of time during
Are fixed annuities flawless? Of course not! In fact, there are several disadvantages that you must be aware of before purchasing. No frills The main
Guaranteed minimum interest rates. Arguably, this the main selling point of a fixed annuity. But, what exactly does this mean. Well, a fixed annuity will
“When confronted with two courses of action I jot down on a piece of paper all the arguments in favor of each one, then on
Have you ever purchased a certificate of deposit (CD)? If so, then you may find that a fixed annuity is awfully similar. Like a CD,
Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.
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