How An Annuity Will Help You

Today, we'll discuss how an Annuity will help you accomplish the retirement of your dreams. 

Today, as we discuss this, we're going to talk about one of my clients, Pam, and how we helped her get the retirement of her dreams. She was so done with work but didn't think it was possible for her to retire yet. 

Almost 55 and heard she couldn't access her retirement account, a 401k, until she was 59 and a half. But she was not going to work for five more years. But how was she going to be able to retire? This is where we stepped in.

Today, I want to share with you three main reasons why an annuity will help you accomplish the retirement of your dreams. 

One, how the annuity plan helped Pam retire and early.  

How you can take advantage of guaranteed income and then longevity. 

The longer we live, the more things that we get to deal with. So, first, how could an Annuity help Pam retire? 

We showed her that she had the opportunity to count on a certain dollar amount coming in every single year, by replacing her income through an Annuity. 

One of the main things that her and her husband were worried about was if she left her job, how would she replace that income? 

And if she just started to live off that 401k and started pulling those funds out …

… could, one, she replace those funds, the same amount as she was making in her job?

And how quickly would those funds run out?

Two, as we discussed those options and why she didn't think she had access to them, the real problem revealed itself. 

If you’re accessing your funds before 59 and a half, you have an additional 10% penalty on top of taxes, depending on the account. She thought, “There’s no way I can retire!”

We had to face the fact that she wanted to leave the workforce and lose that second stream of income.

“How do we do this,” she asked. “I have this formal thing where I can't get access to it until I’m 59 and a half, at least not without getting that 10% penalty on top of taxes on every withdrawal. And if I withdraw, how long are funds going to last?” 

I reply, “Well, let’s discuss the Guaranteed No Loss with the percent of the upside of the market gains, as well as the fact that there’s a way to access your funds without the 10% penalty before your 59 and a half.”

And that’s something we should look at for all of you who are thinking that you can't retire or access those funds until you're 59 and a half. 

Second, how can you take advantage of guaranteed income? Make sure you educate yourself on fixed index annuities. 

We helped Pam choose two different Annuities to help her meet her goals. 

No one annuity has everything. 

It is not a one size fits all scenario. 

Often, we need two or more to help us really reach all our goals. 

When you, as Pam did look at your retirement, here's the number one thing you need to look for: 

How do I make sure that I have at least the same amount of fixed income coming in, as I do fixed expenses going out? 

That's how you live a stress-free retirement, right? 

If you know, you have these fixed expenses, it's going to cost you X every single month to live ...

… if you had guaranteed funds coming in every single month that matched that or even brings in more than that, you can retire and you can retire happily. 

You can live stress-free knowing that a specific amount of money will be coming in every month for the rest of your life.

And if needed, you can have guaranteed income every month for the rest of your life and your spouse's life. 

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Warren Buffett once said, "The first rule of investment is don't lose money. And the second rule of investment is don't forget rule number one. And that's all there is." 

So, make sure the route you're going guarantees you won't lose money. And two, make sure you're going to get the amount of money you need every single month to cover your expenses.

Now, for number three. 

We could do an entire video series on this ….

I'm just going to touch on a few things, but longevity is the multiplier. 

The longer you live, the more expensive things become, the more costs you could incur. 

The more times a stock market can go up and down. 

The more inflation you must deal with. 

Also, have you thought about, investigated, and discussed the future cost of healthcare in your golden years? 

Unless you deal with this with a close family member, you probably haven't thought about it. 

There are a lot of resources you can investigate on the internet where you can do some planning to figure out a guesstimate on cost. 

But one thing is for sure, you need to plan for it, even if it never happens. 

But when you're doing that planning, looking at those options and getting those things in place …

… do you have a plan that allows you to use the funds for other things …

… or leave them to your beneficiaries if you never use it or never have that need for those healthcare costs?

And I ask them, "Well, if you never use those funds for long-term care, what could happen?" 

They're not sometimes sure. 

There are plans out there that are … use it or lose it. 

We want to make sure that you’re covering those long-term care needs if they exist, but not paying for something that you don't need, because it doesn't make a difference whether you use it or not. 

I talk to people every day. 

I hear crazy stories and crazy numbers. 

Most recently, I was talking with a lady in the state of Washington, whose care facility is $19,000 a month for her husband. 

But because she had planned on this …

… because they had a plan …

… because they knew what they could possibly be facing …

… they had the coverage. 

And some of those facilities are not the best for your loved ones. 

Yes, we can add long-term care benefits as an additional benefit to your meeting. 

You can get two and a half times, even three times the amount of money you put into it, in return for your health care needs. 

But we need to be careful, and you need to understand what it is that you’re buying. 

We need to make sure that you're getting what you think you are, what you think you're paying for … 

… and make sure your beneficiaries end up with any monies you don't use. 

And again, make sure you're purchasing a long-term care rider and enhancement plan, if you don't use those funds your family does get it. 

It's not a use it or lose it scenario. So today we went over three main reasons why an annuity will help you accomplish the retirement of your dreams.

Two, see how you can take advantage of guaranteed income. 

Three, longevity.  

That multiplier of everything that could be in your retirement. 

With the right help … 

… with the right plan …

… with the proper expertise … 

… you too can plan now for the retirement of your dreams. 

You might even be able to retire right now and don't even know what's possible. 

Just like Pam. 

One of the greatest joys in my life is the opportunity I get to see hopes, dreams, joy, come back to those who we work with. 

I can never retire. 

I'll have to work until I die. 

I can't retire now, even though I hate my job! 

You now have a glimpse into understanding why you should be using an annuity and why it doesn't need to be scary.

Just click the link below. 

And during our time together, you'll discover ...  I look forward to meeting with you and helping you create the retirement of your dreams. 

Just click here and schedule a time to meet.  

During our time together, you'll discover:

I'm so confident that you'll find the Retirement Of Your Dreams Call ($497 Value) valuable that I'm putting time aside, specifically for you …

… to meet with you one-on-one and show you how at no cost to you. 

And we are doing all this just for you because you took the time to watch this video. 

So, we know you're serious. I look forward to meeting with you and helping you create the retirement of your dreams. 

I'm Jason Bergquist have a wonderful day. Look forward to meeting with you!