Annuities are insurance contracts. You pay a set amount of money today, or over time, in exchange for a lump-sum payment or stream of income in the future. This is a great benefit, but it requires you to give up control of your assets. Once you’ve paid into an annuity, you won’t be able to withdraw from it without significant penalties. With Retirable, you don’t lose access to your money. You can adjust withdrawals or move your account anytime with no penalty. Instead of giving you a payout based on money you paid in years in advance, we help you restructure the money you already have to create a safe, effective spending plan. We can’t guarantee that you’ll receive paychecks for life, but we’ll set a withdrawal strategy that adapts to your lifestyle so that you stay on track with your goals. In some cases, an annuity may be right for you. Speak to one of our advisors or another financial professional who can walk you through the trade-offs
Investing involves risk and past performance is not indicative of future results. Increased spending increases the risk of depleting your savings and performance is not guaranteed. It is very important to do your own analysis before making any decisions based on your own personal circumstances.
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