The Foundation of a Secure Retirement
Safe retirement income planning is about building a financial foundation that protects your savings from market risk while generating reliable income you can count on — regardless of what the economy does.
For retirees in Ohio, West Virginia, and Kentucky, the following strategies form the core of a sound retirement income plan:
Fixed Annuity Laddering
Purchase multiple fixed annuities with staggered maturity dates to maintain liquidity while earning higher rates than savings accounts. As each annuity matures, you can renew at current rates or use the funds for income.
Fixed Indexed Annuity for Growth
Use a fixed indexed annuity to participate in market gains during the accumulation phase, then activate a lifetime income rider when you're ready to begin drawing income. This strategy maximizes the income benefit base.
Guaranteed Income Floor
Create a 'floor' of guaranteed income from Social Security, pensions, and annuity income riders that covers your essential expenses. This allows you to invest remaining assets more aggressively without fear.
"The goal of safe retirement income planning is not to maximize returns — it's to maximize the certainty of income. A guaranteed income floor changes everything about how you experience retirement."