What makes a well-rounded strategy?
A well-rounded strategy can go a long way to prepare you for the uncertainty of your future. By understanding the key elements of a sound financial strategy—with the help of a financial professional—you may be able to mold your saving and investing plan into the image of the future you want to see.
Saving, investing and generating income
Once you retire, covering your day-to-day expenses with savings becomes key. A steady income stream, like an annuity, can help bridge the gap between the savings you've accumulated over time and traditional sources of retirement income.
Balancing protection and growth
Depending on your risk tolerance, asset growth is possible with many different types of annuities. Think of protection and growth in the form of a risk spectrum—how much are you willing to expose yourself to potential market loss, and how much do you want to gain?
Saving on your tax bill may be important to you—particularly when drawing income and investing. Annuities can help you grow your retirement assets while managing the impact of taxes.