Manage Your
Investments
Sources of
Protected Income
Protected income is defined as retirement income sources
where either the account values do not decline because of
potential negative market returns or there is predictable,
lifetime income from the retirement income source in
retirement. The most common sources included as protected income are earned income, pensions, Social Security income, annuities and cash value life insurance. To the right you can see a quick explanation of these sources of protected income.
If possible, we will try and make it so that your fixed expenses that you will have in retirement will come from these sources of protected income. This will give you the peace of mind that those expenses are always taken care of. This also may give you the flexibility to have some of your other assets placed in the market so that you can maximize the growth in these accounts.
Protecting a portion of your retirement income.
1
SOCIAL SECURITY
When you work and pay Social Security taxes, you earn credits to receive retirement income. You can check your benefits estimate and get answers to many questions at www.ssa.gov.
2
PENSIONS
If you have a pension plan through your work it's important to know all of the options that are available for you and your spouse.
3
FIXED ANNUITIES
With a fixed annuity you can secure a portion of your retirement assets as your principal and credited interest are protected against market downturns. Also,
with an income rider, you can receive payments that will last your lifetime and your spouse's lifetime if applicable. Since every annuity is different it is important to examine the policy carefully and ask for clarification on any questions you may have.
4
INDEXED UNIVERSAL LIFE INSURANCE
This type of life insurance policy provides you the peace of mind of a death benefit protection, but also offers upside potential for cash value accumulation
and downside protection against market downturns. This policy also offers the tax benefits of a tax-free death benefit, tax-deferred accumulation and tax-free
distribution.
