Retirement Planning

Service Description

Retirement planning is the process of preparing your finances to ensure long-term stability and comfort after you stop working. Life insurance is one of the most secure strategies to not only guarantee retirement funds, but protect them as well. Not only that, but you do not pay taxes on the premiums paid when funds are paid back to you. An additional financial product, annuities, may be used that provides a steady stream of income, typically during retirement. You invest either a lump sum or make payments over time, and in return, the annuity guarantees income for a set period or even for life. Protect your retirement funds and avoid paying a tax penalty by transferring funds from volatile retirement accounts (e.g. 401k, IRA) to secure, guaranteed growth, deferred annuities using a 1035 exchange.