Fixed Annuity

Fixed Annuties by Gordon M.

In recent years, the desireablility of a Fixed Annuity has gone through change.  In general although annuities had a good reputation, then there have been times where annuities have been thought of as "past their time".

While many insurance companies have positioned annuities as a solution to almost every financial or retirement problem, they really aren't a "catch all" kind of solution. The question is does it makes sense for them personally within the context of their own financial affairs and needs.  Frankly only your agent is competent to answer that question after a suitable review.

What is a fixed annuity?

A Fixed Annuity helps shelter retirement capital against losses. In addition to reducing the risk of  losing your retirement portfolio, you are paid a fixed interest rate on the capital. Compared to stock based investments this return may be lower than could be earned otherwise however, this annuity eliminates the wild rides of the capital markets.

For many retirees knowing what they have coming in each month guaranteed is a far more comfortable feeling and allows them to sleep at night.

An annuity won't answer every investment challenge, but they can bring a buffering effect against the market fluctuations. Particularily in light of the events of 2008-2010.  Ensure you ask your insurance advisor about the suitability of the Fixed Annuity in your retirement portfolio. 

Get a Fixed Annuity Quote.