Our 3 Core Principles
Loveland Insurance Services believes that a successful retirement income strategy comes down to three guiding principles:
1. Safety First
Our top priority is to make sure your principal is protected. Your retirement income needs to last you the rest of your life, and in order to do that, it's crucial that you keep it safe. You may have felt more at ease with risk when you were working. However, once you reach retirement age, your savings will be your sole source of income. That money will be the only thing you have to rely on in retirement. So, as retirement approaches (or arrives) you've probably started looking for options that provide a guarantee* of safety.
Grow Your Retirement Savings Without Sacrificing Security
2. Reasonable Rate of Return**
In addition to protecting your money, earning a reasonable rate of return** is critical to ensuring you do not run out of money in retirement. You don’t want to have to return to work after retirement just to support yourself. Fortunately, some retirement income options allow you to earn reasonable rates of return** on your money based on the growth of a market index while also ensuring* safety, as opposed to simply investing in the stock market. For example, fixed indexed annuities (FIAs). An FIA is a product, not an investment. However, it offers a reasonable rate of return** over time.
3. Keep It Simple
Your retirement income strategy should not be too complicated. You should be able to retire with confidence and peace of mind, rather than constantly worrying about whether your strategy is working properly. This comes down to fully understanding your options and eventually creating a strategy that you fully understand, too. Your retirement income strategy should be straightforward and offer you confidence.
We believe you do not need to choose between the three values listed.
It is possible to combine safety, a reasonable rate of return,** and simplicity in a single strategy. If you want to learn more about the options we can offer you, please contact us today. Register for a seminar event or schedule a one-on-one meeting with us to discuss your situation.