Jim Byrd and Biff Hamel of Safe Harbor Financial Services, LLC host a weekly radio show about retirement planning and investing. Safe Investing in the New Economy airs each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News radio 710 WNTM. Listen to the show on the radio, or plug into the podcast on iTunes. This week’s agenda focuses on retirement planning with less risk and worry.
Fixed Annuities Are Set for a Record Year in 2018
According to Investment News Magazine, indexed annuities are having a boom year with a 23% sales increase over last year. Brokerage houses are beginning to sell more indexed annuities now. But their offerings will be very limited. Brokers can only offer the products their companies have to offer. Safe Harbor Financial represents over 100 different insurance companies so they have a much wider selection of fixed index annuities than the traditional wire house. Fixed annuities return market-like returns with no market risk.
What About Long Term Care Insurance?
Investment News Magazine reports in an editorial that among the possible costs to be factored into a retirement plan, one of the most important is long term care insurance. 70% of Americans will need help at home or will require a nursing home stay. And the average annual cost of a nursing home is $92,000 per year in Alabama. Some of Safe Harbor Financial’s products include a long term care policy rider. The benefit works like this: whatever income you qualify for when you buy that annuity, it will double if you are confined to a nursing home. Since underwriting guidelines have gotten tougher, costs have increased, and fewer companies are offering long term care insurance, it’s a very popular plan addition. Retirement is full of risks, and you don’t want to leave your portfolio open to the three major kinds of risk: market risk, low interest rate risk, and confinement risk. Safe Harbor Financial has all three covered in their products. Contact Safe Harbor Financial for a complimentary consultation.
Take Advantage of Our Complimentary Consultation
Give us a call and make an appointment for your complimentary consultation. We’ll listen to your situation along with your hopes and dreams for retirement, and help you evaluate your risk tolerance and your current portfolio for actual risk. Then we let you go home while we figure out a comprehensive plan for your best retirement while reducing your risk and giving you income for life. When you come back in, we show you the plan and give you plenty of time to understand it. There’s no pressure and no cost or obligation for this service. We’re serious about working up a good retirement plan for your circumstances. Take advantage of this free offer by emailing us today or calling at 251-625-1226.
Financial Seminars with Dinner
We’d love to help you understand even more about retirement planning. It’s not too late or too early to start. Why not contact us and sign up for one of our complimentary financial seminars? Call our office or send us a note to reserve your space at our complimentary seminar at Briquette’s Steakhouse in Mobile on 10/25/18 or the complimentary seminar at Original Oyster House in Spanish Fort on the Causeway on 10/30/18. We have a good time and a good dinner while we discuss the main phases of life and the best investment strategies for each phase. An interesting and enjoyable evening is yours with dinner on us! Call 251-625-1226 to reserve your seat for you and your spouse or a friend.