Our Three Guiding Principles
First, Let's Talk About
Safe Options For Retirement
Are safe options for retirement possible for you? Every client we work with has their own comfort level when it comes to risks. Because everyone’s situation is at least slightly different, you might feel differently about risk than others. Those with large amounts of savings may not consider safe options for retirement important, but if you like the idea of keeping your money safe, there could be less risky options available to you.
Here at Turney Financial Group, LLC, we have 3 key values that we hold when working with our clients:
Keep your principal safe
Rate of Return
A reasonable rate of return** should be expected over time
Keep things simple and easy to understand
and Safe Options For Retirement
There are, believe it or not, ways to keep your principal safe. There are some products that provide protection of principal even when the market drops. Now, of course, keeping a larger portion of your money safe becomes more important as you get older. With fewer years available to recover from potential market loss, retirees often change their plans as they get older. But thankfully, retirees now have several ways to keep their money protected from market loss. This includes certain fixed indexed annuities (or FIAs) and life insurance products.
At Turney Financial Group, LLC, we offer insurance products as well as wealth management services. We believe that protecting your money is an important part of retirement. An FIA or a fixed annuity provides a promise of not losing your money. The insurance companies that offer these products will provide protection for your principal. In return, you agree to the terms of your annuity contract, such as allowing your money to grow over a period of time. An FIA may be a safe strategy for retirement for some people since it allows you principal protection.
Your Retirement Future
Some clients are in a position to invest some of their money into the stock market. Their savings level and risk tolerance, among other factors, may allow them to be able to place money at risk. The market comes with ups and downs, of course, These changes in value are not something that many retirees want to take part in. Many have seen losses in their retirement accounts over the years during market drops. You may ask, is the uncertainty worth a potential upside? Many people feel it isn’t. Let’s discuss places where you can keep your money safe from stock market loss.
Read More About
Why People Choose Annuities
At Turney Financial Group, LLC, our goal is to give you all the information you need to make a sound decision.
We can work with you to develop the right plan, and to walk you through all the possible options. Register for one of our seminars or connect with us via email or phone to learn more.