Whatever your dream, one thing is certain: you want to be happy while doing it.
To accomplish that successfully, it is necessary to create a guaranteed lifetime income stream. You
also need to have a specific plan.
Over the past several years, a number of studies have been conducted on happiness-in retirement and what people can do to achieve it. One such study cited by the Wall Street Journal provided seven key points as to how retirees can achieve more happiness. These include the following:
By choosing the lifetime income option on a fixed indexed annuity, you will be able to ensure a regular
stream of guaranteed income for the remainder of your life. And by opting for the joint life income
option, both you and your spouse can receive guaranteed lifetime income for the remainder of your
lives. Knowing that a certain amount of income will be arriving each month can eliminate a great deaf of
stress for retirees. These financial vehicles can help ensure that living expenses will be paid no matter
what occurs in the market or the overall economy.
In addition to providing an income stream, these annuities can also offer additional benefits such as , inflation protection that will increase the amount of income you receive over time. That way, your
retirement income can keep up with the rising cost of goods and services in the future. Having a financial plan for the future is essential today-especially given the probability of spending 20 or more years in retirement. By creating guaranteed lifetime income with a fixed indexed annuity, you can. alleviate stress, and add an additional happy factor to your retirement.