Planning For Retirement Or Living In Retirement
Laying A Roadmap
At Encino Financial Group, we understand that retirement planning is about identifying income objectives and laying a roadmap to achieve them.
A well-rounded retirement plan promises financial security throughout your retirement years. Some factors to consider include income sources, retirement goals, savings, expenses, portfolio monitoring, and investment strategies, using them to identify the most effective tools to build your retirement savings.
Types of Annuities Available to Investors
We provide Fixed Rate and Fixed Indexed Annuities that provide the guarantee of principal at all times.
This hybrid investment safeguards your interest earnings against market losses while guaranteeing growth.
The investor ties the accumulated interest to a chosen index, like the S&P 500, ensuring your capital works harder. It also offers tax-deferred earnings, ensuring a secure income for you and your beneficiaries.
Provision is made for emergency withdrawals, contributing to a worry-free retirement plan. Trust our company for a progressive and professional approach to your fixed-index annuity investments.
Is an Annuity the Right Choice for You
Fixed indexed annuities can offer an immediate bonus to your deposit and offer higher earnings than a Bank CD offered by banks. Encino Financial Group frequently consults investors interested in exploring annuities.
Our approach, informed by understanding your unique situation, centers on fixed index annuities, encompassing scenarios typically encountered by investors:
- Those who diligently accumulate assets through a 401(k), IRA, or other retirement fund need a sustainable income for the balance of their retirement years.
- Individuals weary of market volatility threatening their portfolio, seeking a secure, steady return greater than CDs, along with principal protection surpassing stock market security.
- Devoted CD investors are discontent with low yields, requiring a sensible return rate coupled with principal protection and safety.
We're here to walk you through the alternatives to provide the financial stability and reassurance you need in retirement.
How Do Annuities Work?
Annuities are a form of insurance contract where you invest money, either as a lump sum or in installments. In return, you receive either a single payment or regular income in the future. The payout depends on the type of annuity and its specific terms.
Author - Suze Orman Book Entitled The Road To Wealth says “If you do not want to take any risks but still want to play the stock market, a good indexed annuity may be right for you.”
Why Invest in an Annuity?
Annuities offer a flexible and stable investment option with significant tax benefits, allowing your investments to grow tax-free until withdrawal. Customizable to your preference, they can even be bequeathed to heirs.
Our experts are on hand to further explain the benefits and complexities of annuities.
Schedule a Consultation
Reach out to schedule a personalized consultation on retirement planning. Our team will discuss your goals, income, and assets to construct a comprehensive plan tailored for you.