ONE OF OUR THREE CORE PRINCIPLES IS:
Keep It Simple
You deserve a simple retirement!
Do Simple Retirement Options Exist?
With so many options out there, a simple retirement strategy may seem impossible. Retirees have a lot of decisions to make. For example, where will you put your money? You may have an IRA or 401(k) account, but perhaps you’re not sure if your money should stay there. Additionally, you may be wondering what types of accounts you should use for the best long-term outcome. With so many choices, people look to make their retirement as easy as possible.
Simple is Often Better
As you near retirement, you may begin to see just how many different options there are for your money. Earlier, in your working years, you might’ve felt comfortable with your money invested in the stock market. However, you’re likely now looking for a safer place for your nest egg. The ups and downs of the stock market aren’t ideal when you don’t have time on your side. You probably want a place to keep your money where it’ll stay protected and won’t be impacted by drops in the market. However, it’s important that this is done in a way you understand. A complex strategy isn’t necessarily a better strategy. Instead, simplicity is key.
Products like fixed indexed annuities (FIAs) or indexed universal life insurance (IUL) policies may provide the safety and simplicity you’re looking for. Some of these options could possibly provide you with an income for life, no matter what happens in the market. Furthermore, with an FIA, you may be able to increase your income to compensate for inflation, through an optional income rider. You may also be able to obtain a reasonable rate of return** with an FIA. Choosing simple retirement options may not be as complicated as you thought with products like these.
Simple Retirement Options
As the excitement of retirement draws near, many people take stock of their accounts. Your future lifestyle and legacy depend on how your financial strategy holds up. If you’re like many retirees, you may feel uneasy about your current accounts. Maybe you’re worried about what might happen to your money in a market downturn. Or, you may begin to feel a little overwhelmed about having to closely manage your money. We believe that retirees should be able to enjoy their retirement without having to spend time worrying about their money. To that end, we believe a strategy for a simple retirement is one that gives you the income you need and the stability you want.
Do you have a good understanding of the account your money is in and how it works? If the market goes down, are you confident that your money is protected? When questions arise, do you know who to call?
How to Keep It Simple
Creations Financial works to make sure our clients fully understand all their options. Clients are often unclear as to how their retirement investments work. We believe it’s our responsibility to make sure you not only understand your strategy, but all the potential risks. Ultimately, we believe a strategy you fully understand is the best strategy for you.
Every year, we meet with clients to review their situation. We look over your retirement accounts and help answer questions you may have. We will work with you to help you make the best decisions for yourself. Things should be simple and clear for you.
In addition, we provide education to our clients and community via our educational dinner seminars. To learn more about these, or register to attend one, contact us.