Larry M. Welenc

Independent Licensed Insurance Agent, Clearwater FL
National Producer (NPN) #: 16549786
FMO: Copeland Insurance Group, Longview TX


Where Can You Invest For Retirement?

Annuities are a form of life insurance for you and your future money. This is a way of securing a cash flow for the later years.

There are different ways to set your annuity. You can secure cash to last for the rest of your life or for a certain period of time.

By having an annuity you simply put money aside to be invested until a pre-determined period of time (for example, 10 yrs). Once you have satisfied that time you will start receiving payments.

A lot of people will use it for retirement. Why? It’s like a domino effect; as we age our health deteriorates, the financial expenses increase and income is limited.

Unless there is some financial plan in place, most people are not prepared to deal with their regular expenses and unexpected bills at the same time.

Is An Annuity Right For You?

You may want to consider this option after acquiring a large sum of money like; a huge pension, large settlements, winning the lottery, etc. The more money you have invested, the better your interest gains will look.

There are different forms of annuities, you could have: a Fixed Annuity with stable payments or; a Variable Annuity with changing payouts.

Variable annuities are not for individuals that can’t deal with the ups and downs in income. When the annuity fund does good you get higher payments, and lower payments when is not so good. You will never loose your main fund but, your gains could vary from time to time.

Annuities are a great advantage for people that would like to invest without the high risk of losing their principal. A good policy that offers compound interest could double your money after a period of 10 years.

The best annuity for you would be depending on how aggressive you want to be with your investment. Talk to your agent to see if this could be an option for you.

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