What are your major concerns when considering how to distribute those hard-earned retirement assets? Robert Powell, editor of Retirement Weekly covers the topic well in a piece on MarketWatch.com.
Each goal comes with an associated risk so planning with that in mind leads to fewer surprises when they are least wanted. Individual objectives can be matched to available products and strategies tailored specifically for each purpose.
Now, there will likely be some tradeoffs when it comes time to allocate assets between various financial vehicles. Knowing where risk is warranted in exchange for insured guarantees is a critical decision point. This is why it will take time to define exactly what success means to you throughout retirement.
Every person will arrive at a different product mix based on priorities unique to each individual. For starters, it’s nice to know what’s available, what the products are capable of doing and what concessions must be made in order to balance your retirement portfolio properly.
Again, this article covers it all and I highly recommend it for any and all prudent future retirees. Annuity Straight Talk is here to help when it comes time to weigh the pros and cons of annuities to determine the best strategy for guaranteed retirement income.