As people are living longer lifespans these days, it brings to mind a considerable concern for many – that of outliving their money at a time when it is needed the most.
But how can you ensure that you’re filling in all of the “gaps” when it comes to the amount of retirement income that you need?
In this annuity review, we will be going over the following information about the Northwestern Mutual Flexible Payment Variable Annuity Account A:
Annuities can be complex. That’s where having an Annuity Investigator who loves math comes in.
We make the complex, simple.
It’s no secret that people are living longer these days. Unlike just a few decades ago, today, spending 20 or more years in retirement is becoming more common – and in some cases, people are actually spending more time in retirement than they did in the workforce.
But, while a nice long vacation from work can sound really enticing, the reality is that income must last just as long – and without some kind of ongoing income guarantee, each day that you spend money in retirement can be like watching the gas gauge on your dashboard inching its way towards Empty.
Is that really any way to “relax” during your golden years?
Looking at a graph of the Dow Jones or S&P 500 returns over the past several years may appear more like a roller coaster at an amusement park – and the uncertainty may also cause you to similarly scream.
In fact, about the only constant in the market lately is volatility. And, while many investors are aware that the record-breaking highs can’t go on forever, it’s impossible to find that fine line between when to get out safely and when you might lose out on future gains.
Unfortunately, though, hindsight is always 20/20. So, how can you determine when you need to buckle up?
There are a few key indicators that can be helpful. Equally important is to take heed, though, because just simply having a safety belt won’t do you any good – you actually have to take action and put it on.
In this annuity review, we will be covering the following details regarding the Mutual of Omaha Income Access Immediate Annuity:
Annuities can be complex. That’s where having an Annuity Investigator who loves math comes in.
We make the complex, simple.