Are you prepared for retirement? No matter if you’re decades away, or already retired, Welkin Insurance agents can help you have the best retirement possible. Retirement planning with insurance products has become more popular. As the stock market has become more volatile, annuities are increasingly used to save for retirement, preserve funds already saved for retirement, and to provide a steady stream of income during retirement.
Annuities are financial contracts between you and an insurance company. They can be used as retirement planning insurance. You make payments into the annuity, either through lump sums or monthly payments, and over time these payments accumulate on a tax-deferred basis. Optional riders for annuities are also available, including benefits that provide you a guaranteed income, no matter how long you live.