Traditional retirement accounts, both IRA's and 401-K's are commonly pushed by many financial advisors. They both have the downfall of market risk and losing money when the markets go negative are a deterrent to the safety of the account that most people are unaware of.
The average time it takes to have the account recoup from the losses when the market has losses is typically 3 + years. This eats into any retirement account.
Equity Index Annuities allow you to participate in the markets gains, while protecting you from any market losses. Not only does your account never lose market value, but you can never drop below the highest point you have reached. If you look at the chart, you will see that in years 1, 2, 3, 5, and 6, that the returns on the mutual fund IRA were twice that of the equity index annuity.
However in year 4, you can see with the mutual fund IRA (which can be any investment type of IRA), what goes up can also go down, but this is not so in an Equity Index Annuity because your account value can never drop. And for this reason, if you look at the total value after 6 years, you can clearly see the financial gains are because you’re getting complete downside protection from stock market downturns.
My background and experience helps individuals, families and business executives with bettering their financial well-being, creating income for life, lowering their taxable income, financing and insurance products.
Safe Money Retirement Advisor & Investing strategies with tax advantages Respectable market returns with Stop losses that have zero risk of loss. Legally reduce taxes with financial products that are safe, zero risk, reduce fees that Safety nets to prepare for and prevent financial mishaps for normal life routines to when challenges arise including, medical bills from normal medical bills, accidents, surgery, and operations; other life’s surprises include, disability income and long-term care planning, cancer, heart attacks, stroke, death of a family member, etc.I enjoy coaching youth sports and helping kids develop in sports, soccer, baseball, basketball. I enjoy, running, hiking, tennis and activities with my kids. I have 4 boys, ages: 7, 13, 16 & 19.