Retirement Income Options

If your retirement income strategy is optimized, then you have a strategy for asset distribution during retirement.  If not, then major financial institutions are busy finding ways to bring you in, and offering products and services to clients who are moving away from accumulation strategies.

This week, Forbes.com features an article that talks about how mutual fund companies are developing product offerings designed to meet long-term retirement income goals.  In short, they are trying to compete with annuities and the insurance industry.

As more and more baby boomers approach retirement, focus has been shifted from asset growth to distribution.  The safest and most profitable solutions have been around for a long time.  While distribution-oriented mutual funds will give retirees more options, they have yet to match the guarantees found in annuity contracts.

Options are important in any retirement plan.  Just remember that no plan is safe without contractual guarantees from a solid financial institution.  If volatility is something you’d like to leave behind then any mutual fund option may not give you the desired level of safety that annuities can.

In the same sense, all good plans are balanced.  Annuities can provide a good baseline to meet expenses and securities account will enable continued growth.

Explore AnnuityStraightTalk for information on the stable portion of your portfolio.  For a free membership simply sign up today for a complete guide to a safe, flexible and profitable retirement.

To learn more about the retirement income funds featured on Forbes.com click here.