There is no better time than the present to plan for your retirement. Making the right decisions with your money right now can help you live the lifestyle you want during retirement. At LLG, we analyse your situation and offer independent, unbiased advice. After our analysis, we:
Present investment alternatives for your money, depending on your assets, and your tolerance for risk.
Make recommendations to make sure that your family is financially protected.
Lay out options for retirement plan distribution.
Calculate how long your retirement money will last.
An annuity is a contract in which an insurance company provides you with periodic payments for a period of time in exchange for your upfront investment. A variable annuity is a combination of an insurance and investment vehicle in which the insurance company agrees to make periodic payments to you for a pre-determined period of time, starting immediately, or if elected, at some point in the future. Depending on the agreement, payments could continue for the remainder of your life.
Variable annuities may be useful in helping you prepare for a variety of retirement needs, including:
Pre- and post-retirement survivor benefits
The ability to invest for growth and income through asset allocation in a wide range of investment options. Performance of the investment options will fluctuate such that it is possible to lose money
Whether variable annuities are right for you depends upon your specific needs and a number of other factors. Variable annuities carry benefits and risks, and involves fees and expenses. These factors should be considered in light of your stage in life, goals, and financial circumstances.