Listen to Jim Byrd and Biff Hamel on the website or their lively podcast on iTunes. Their weekly broadcast, Safe Investing in the New Economy, an educational financial radio show, is heard each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM. Jim and Biff focus on retirement planning and investing for a safe and happy retirement. This week’s show includes a discussion about how to protect your retirement portfolio in the face of inflationary forces and increased volatility affecting the market.
How to protect your retirement funds in a volatile market
If you’re within 7 – 10 years of retirement or in retirement, you need to secure and insure your retirement portfolio. The stock market is a risky place to be and inflation, a possible recession, and increases in Medicare costs are all part of the volatile market in which we find ourselves in 2018. We urge you to call us for your complimentary consultation. We’ll review your current portfolio for risk and return and see if we can improve your situation. We offer low-cost insurance annuity products that offer lifetime income with market-like returns and no market risk. We sit down with you and design the best combination of products for you and your family. The advice is free and there’s no obligation, of course.
All annuities are not the same
Don’t make the mistake of assuming all annuities are the same. And don’t believe all the unfavorable press you read about “annuities”. They are not all the same. Fixed annuities are safe but offer low returns. Variable annuities are tied to market returns but are very expensive. We like hybrid annuities, an offshoot of fixed index annuities, that pay market-like returns without participating in market losses. They pay either a minimum return or market returns, whichever is greater. Guaranteed returns this week range from 6.5 – 7 %. And some hybrids also include a nursing home doubler, which means your annuity income doubles if you have to go to a nursing home. With Social Security and double income, there’s a good chance you’ll be able to pay for the nursing home all the way through, depending on how much money you invest. And unlike Social Security, annuities also continue to pay even if your spouse dies. Come see us and we’ll make sure we understand your family’s needs before we suggest changes to your current portfolio.
Schedule your complimentary consultation
Procrastination is the thief of your tomorrow! Call us at 251-625-1226 or send us an email and we’ll set up appointment with Jim Byrd and his staff to review your retirement portfolio. We’ll discuss your goals for your future and evaluate your investments for risk, costs, and actual returns, and put together a comprehensive plan for a safe, worry-free retirement for your family. Don’t wait. It’s time!