Planning for Retirement
For many clients, retirement goals are simple: accumulate enough money to maintain their current lifestyle after they retire.
In the face of challenges such as inflation, market risk, and living longer, it’s essential to plan carefully.
Higher risk products have the potential for greater returns; however, there is a possibility of losing money. There are lower-risk options where premium is guaranteed a certain amount of interest, but they don’t offer the interest-crediting potential of the higher-risk options. Somewhere in between, there are annuity products, which can provide a higher return with protection from risk.