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Fixed Annuities are financial contracts with an insurance company
that are designed to be a source of retirement income. They earn a fixed
interest rate for a specified period of time.
Because these are long term contracts, you want to make sure the company
you purchase an annuity from is solid and stable. Ask us about our
company's financial stability- it's important, and we think you should
know!
Don't wait to start your IRA - every day you delay costs you money!
The
cost of waiting
Compare the results of an IRA contribution
established just a few months apart. What a difference a few weeks make
when annual premiums are paid on January 1, May1, or September 1!
The cost of waiting on an IRA with 5.7 percent interest*
| Years to
Retirement |
January
1 |
May 1 |
September
1 |
| 40 |
$303,500 |
$297,944 |
$292,489 |
| 30 |
158,562 |
155,659 |
152,809 |
| 20 |
75,303 |
73,924 |
72,571 |
| 10 |
27,475 |
26,972 |
26,478 |
| 1 |
2,114 |
2,075 |
2,037 |
We want to help you reach your
financial goals!
Let us know
when it's convenient, and we will sit down with you to answer any
questions you have.
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