SlideShare a Scribd company logo
Use Annuities as a Way to
Stabilize Income for
Retirement
What are Annuities?
Annuity education
Expert, serving Texas
● 940-704-1415
● 2928-A Loma Linda Lane
Wichita Falls, TX
What are Annuities?
Retirement, particularly in North Texas and
the Dallas/Fort Worth Metroplex, requires
careful consideration
One option are annuities
What are Annuities?
● You agree to pay an insurance company
● Either in installments or with one lump sum
● They pay you in the future
Advantages of Annuities
● Annuities are stable
● Are stable alternative
Advantages of Annuities
● Can help protect against
excessive loss
● Provides guaranteed income
Other Advantages
● Should be part of overall
retirement-related portfolio
● Balance long-term financial goals
● Reasonable risk
Annuities for Texans
● Especially important for retirees in the
Dallas/Fort Worth Metroplex and North
Texas areas
Annuities for Texans
WalletHub:
● Only one third Texans surveyed
feel financially confident
Annuities for Texans
So how does Texas rank for retirees?
Annuities for Texans
● Warm weather
● Delicious food
● Friendly people
Annuities for Texans
WalletHub:
● North Texas cities rank among the
worst places to retire in America
Annuities for Texans
● Arlington is 10th
● Garland is 19th
● Fort Worth is 100th
● Dallas is 106
Annuities for Texans
What does this all mean?
● Seniors are drawn to the places
where their money goes the
farthest
Annuities for Texans
What does this all mean?
● Metroplex and North Texas are
not considered ideal
Annuities for Texans
What does this all mean?
● Money management is increasingly
important
● Finding right financial solution
Who Are Annuities For
● Anyone looking for a steady and
reliable source of income
● During economic uncertainty
● Retirees
Types of Annuities
● Fixed
● Variable
● Indexed single premium
● Immediate annuity
Types of Annuities
● Fixed
○ Guaranteed amount
○ Does not change
○ Protection of initial investment
Types of Annuities
● Variable
○ Offer higher rates of return
○ Higher risks
○ Amount received changes
Types of Annuities
● Indexed
○ Guaranteed minimum disbursement
○ Portion of the profits are tied to index like
the S&P 500
Types of Annuities
● Deferred
○ Flexible
○ Receive payments at a specific time
Types of Annuities
● Deferred
○ Flexible
○ Receive payments at a specific time
Types of Annuities
● SPIA
○ Simple
○ Single large deposit and monthly
payments begin immediately
3 Reasons to Buy Annuities
● Fixed income for life
● Pay for long-term healthcare
● Income for loved ones
3 Reasons to Buy Annuities
● Fixed income for life
● Pay for long-term healthcare
● Income for loved ones
3 Reasons to Buy Annuities
A key part in crafting a financially
secure retirement is calculating ways to
best safeguard, and of course, build the
investment
3 Reasons to Buy Annuities
Always select options that balance a
comfortable level of risk with positive
returns.
3 Reasons to Buy Annuities
● Fixed income for life
○ Pay a fixed income until death
○ Very secure
○ Reliable
3 Reasons to Buy Annuities
● Pay for long-term healthcare
○ Fixed payment earmarked for healthcare
○ Built-in dependent is available
○ Withdrawals are tax-free
3 Reasons to Buy Annuities
According to Senior Living:
● In Texas, home care services can cost nearly
$6,000 per month
● Rose 10 percent just between 2016 and 2020
3 Reasons to Buy Annuities
● Income for loved ones
○ Option is receive support for beneficiaries
after your death
○ Protects your initial investment and
ensures beneficiaries
Buy Annuities with 401(k)
● Income for loved ones
○ Option is receive support for beneficiaries
after your death
○ Protects your initial investment and
ensures beneficiaries
Buy Annuities with 401(k)
You probably have a 401(k), but did you
know that you might be able to
purchase annuities right in your plan?
Buy Annuities with 401(k)
● Advantages of Converting a 401(k)
into an Annuity
○ Higher payouts
○ Lower costs
Buy Annuities with 401(k)
● Types of Authorized Annuities in
401(k)s
○ Single Premium Immediate Annuity
Buy Annuities with 401(k)
However:
● If the annuity holder dies, the money left
in the account will NOT be passed on to
my heirs; the annuity company keeps it.
Buy Annuities with 401(k)
However:
● The reason why is because the
policyholder would have used up
protection living more than ten years
Buy Annuities with 401(k)
However:
● Or, take the example of a fifteen year
annuity and the holder died in year ten
Buy Annuities with 401(k)
However:
● Heirs would receive the monthly checks
for another five years, and the company
keeps the rest
Buy Annuities with 401(k)
Be sure the offering has solid financial
strength from rating agencies like AM
Best
Buy Annuities with 401(k)
Additionally, check how fees and
payments compare to an annuity
available outside of your 401(k)
Are Annuities For You
● Decision is complex
● Has a major impact on retirement
● Is very personal
● Know all the facts and comparing options
is important to making the right decision
About Bobby M. Collins
● Annuity educator with 30 years of
experience
● Founded Collins and Cate Retirement
Income Professionals in 2002
About Bobby M. Collins
Annuity education
Expert, serving Texas
● 940-704-1415
● 2928-A Loma Linda Lane
Wichita Falls, TX
About Bobby M. Collins
● Often traveling more than three hundred
miles a day to meet directly with clients,
● Serves Dallas/Ft. Worth Metroplex, Denton
County, Amarillo, Abilene and North Texas
About Bobby M. Collins
● Some comprehensive retirement plans
include three types of annuities such as fixed
immediate and indexed fixed
● Experience in Roth IRAs life insurance
401K, as well as defined benefit plans

More Related Content

Similar to Annuities: Stabilize and Boost Retirement Income, Bobby M Collins #AnnuityEducation [Presentation]

Annuities Help Stabilize Income for Retirement [Presentation]
Annuities Help Stabilize Income for Retirement [Presentation]Annuities Help Stabilize Income for Retirement [Presentation]
Annuities Help Stabilize Income for Retirement [Presentation]
Bobby M. Collins
 
5 Best Retirement Investment Options for US Veterans Bobby M Collins [Presen...
5 Best Retirement Investment Options for US Veterans Bobby M Collins  [Presen...5 Best Retirement Investment Options for US Veterans Bobby M Collins  [Presen...
5 Best Retirement Investment Options for US Veterans Bobby M Collins [Presen...
Bobby M. Collins
 
Determine if Annuities Are Right for You [Presentation] Bobby M. Collins
Determine if Annuities Are Right for You [Presentation] Bobby M. CollinsDetermine if Annuities Are Right for You [Presentation] Bobby M. Collins
Determine if Annuities Are Right for You [Presentation] Bobby M. Collins
Bobby M. Collins
 
Work and life_balance_financial_planning_for_elder_care
Work and life_balance_financial_planning_for_elder_careWork and life_balance_financial_planning_for_elder_care
Work and life_balance_financial_planning_for_elder_care
Shankar Myadharaveni
 
Retirees: Important Questions About Finances
Retirees: Important Questions About FinancesRetirees: Important Questions About Finances
Retirees: Important Questions About Finances
309finance
 
December 2018 Newsletter
December 2018 NewsletterDecember 2018 Newsletter
December 2018 Newsletter
toddrobison
 
IRA Seminar for Advisors
IRA Seminar for AdvisorsIRA Seminar for Advisors
IRA Seminar for Advisors
wardwilsey
 
Demystifying Annuities
Demystifying AnnuitiesDemystifying Annuities
Demystifying Annuities
Thomas Potter, MBA
 
NSURANCE Retirement Income Show
NSURANCE Retirement Income ShowNSURANCE Retirement Income Show
NSURANCE Retirement Income Show
Tom Morrison
 
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
Bobby M. Collins
 
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
sangura shadrack
 
Powerpoint3
Powerpoint3Powerpoint3
Powerpoint3
samuel kitonyi
 
Home buying 101
Home buying 101Home buying 101
Home buying 101
Laurie Cafagna
 
Education Loans Take Over | Refinance Education Loan | GyanDhan
Education Loans Take Over | Refinance Education Loan | GyanDhanEducation Loans Take Over | Refinance Education Loan | GyanDhan
Education Loans Take Over | Refinance Education Loan | GyanDhan
Yogender Panchal
 
The Ultimate Guide to Student Loan Repayment
The Ultimate Guide to Student Loan RepaymentThe Ultimate Guide to Student Loan Repayment
The Ultimate Guide to Student Loan Repayment
Anik Khan
 
Safari Annuities101Whitepaper
Safari Annuities101WhitepaperSafari Annuities101Whitepaper
Safari Annuities101Whitepaper
Danny Patterson
 
Preparing for Exit | Daniel Bernstein
Preparing for Exit | Daniel BernsteinPreparing for Exit | Daniel Bernstein
Preparing for Exit | Daniel Bernstein
Jessica Tams
 
Family Takaful
Family TakafulFamily Takaful
Family Takaful
mandalina landy
 
Stop Loss Presentation
Stop Loss PresentationStop Loss Presentation
Stop Loss Presentation
Jon Dailey
 
Charting A New Course. Life After Unemployment
Charting A New Course. Life After UnemploymentCharting A New Course. Life After Unemployment
Charting A New Course. Life After Unemployment
jtarnofs
 

Similar to Annuities: Stabilize and Boost Retirement Income, Bobby M Collins #AnnuityEducation [Presentation] (20)

Annuities Help Stabilize Income for Retirement [Presentation]
Annuities Help Stabilize Income for Retirement [Presentation]Annuities Help Stabilize Income for Retirement [Presentation]
Annuities Help Stabilize Income for Retirement [Presentation]
 
5 Best Retirement Investment Options for US Veterans Bobby M Collins [Presen...
5 Best Retirement Investment Options for US Veterans Bobby M Collins  [Presen...5 Best Retirement Investment Options for US Veterans Bobby M Collins  [Presen...
5 Best Retirement Investment Options for US Veterans Bobby M Collins [Presen...
 
Determine if Annuities Are Right for You [Presentation] Bobby M. Collins
Determine if Annuities Are Right for You [Presentation] Bobby M. CollinsDetermine if Annuities Are Right for You [Presentation] Bobby M. Collins
Determine if Annuities Are Right for You [Presentation] Bobby M. Collins
 
Work and life_balance_financial_planning_for_elder_care
Work and life_balance_financial_planning_for_elder_careWork and life_balance_financial_planning_for_elder_care
Work and life_balance_financial_planning_for_elder_care
 
Retirees: Important Questions About Finances
Retirees: Important Questions About FinancesRetirees: Important Questions About Finances
Retirees: Important Questions About Finances
 
December 2018 Newsletter
December 2018 NewsletterDecember 2018 Newsletter
December 2018 Newsletter
 
IRA Seminar for Advisors
IRA Seminar for AdvisorsIRA Seminar for Advisors
IRA Seminar for Advisors
 
Demystifying Annuities
Demystifying AnnuitiesDemystifying Annuities
Demystifying Annuities
 
NSURANCE Retirement Income Show
NSURANCE Retirement Income ShowNSURANCE Retirement Income Show
NSURANCE Retirement Income Show
 
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
Think About Annuities as a Way to Stabilize Income for Retirement [Presentation]
 
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
ICEALION LIFE ASSURANCE COMPANY LIMITED POWER PRESENTATION AT IPSOS SYNOVATE ...
 
Powerpoint3
Powerpoint3Powerpoint3
Powerpoint3
 
Home buying 101
Home buying 101Home buying 101
Home buying 101
 
Education Loans Take Over | Refinance Education Loan | GyanDhan
Education Loans Take Over | Refinance Education Loan | GyanDhanEducation Loans Take Over | Refinance Education Loan | GyanDhan
Education Loans Take Over | Refinance Education Loan | GyanDhan
 
The Ultimate Guide to Student Loan Repayment
The Ultimate Guide to Student Loan RepaymentThe Ultimate Guide to Student Loan Repayment
The Ultimate Guide to Student Loan Repayment
 
Safari Annuities101Whitepaper
Safari Annuities101WhitepaperSafari Annuities101Whitepaper
Safari Annuities101Whitepaper
 
Preparing for Exit | Daniel Bernstein
Preparing for Exit | Daniel BernsteinPreparing for Exit | Daniel Bernstein
Preparing for Exit | Daniel Bernstein
 
Family Takaful
Family TakafulFamily Takaful
Family Takaful
 
Stop Loss Presentation
Stop Loss PresentationStop Loss Presentation
Stop Loss Presentation
 
Charting A New Course. Life After Unemployment
Charting A New Course. Life After UnemploymentCharting A New Course. Life After Unemployment
Charting A New Course. Life After Unemployment
 

Recently uploaded

NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
BBPMedia1
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
Cambridge Product Management Network
 
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
ISONIKELtd
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
satta Matta matka 143 Kalyan chart jodi 6366249026
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
my Pandit
 
Discover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling ServiceDiscover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling Service
obriengroupinc04
 
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdfRegistered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
dazzjoker
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Niswey
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
➑➌➋➑➒➎➑➑➊➍
 
State of D2C in India: A Logistics Update
State of D2C in India: A Logistics UpdateState of D2C in India: A Logistics Update
State of D2C in India: A Logistics Update
RedSeer
 
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
essorprof62
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
IPLTech Electric
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
taqyea
 

Recently uploaded (20)

NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
 
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
 
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
1 Circular 003_2023 ISO 27001_2022 Transition Arrangments v3.pdf
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
 
Discover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling ServiceDiscover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling Service
 
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdfRegistered-Establishment-List-in-Uttarakhand-pdf.pdf
Registered-Establishment-List-in-Uttarakhand-pdf.pdf
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
 
State of D2C in India: A Logistics Update
State of D2C in India: A Logistics UpdateState of D2C in India: A Logistics Update
State of D2C in India: A Logistics Update
 
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
❽❽❻❼❼❻❻❸❾❻ DPBOSS NET SPBOSS SATTA MATKA RESULT KALYAN MATKA GUESSING FREE KA...
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
 

Annuities: Stabilize and Boost Retirement Income, Bobby M Collins #AnnuityEducation [Presentation]

  • 1. Use Annuities as a Way to Stabilize Income for Retirement
  • 2. What are Annuities? Annuity education Expert, serving Texas ● 940-704-1415 ● 2928-A Loma Linda Lane Wichita Falls, TX
  • 3. What are Annuities? Retirement, particularly in North Texas and the Dallas/Fort Worth Metroplex, requires careful consideration One option are annuities
  • 4. What are Annuities? ● You agree to pay an insurance company ● Either in installments or with one lump sum ● They pay you in the future
  • 5. Advantages of Annuities ● Annuities are stable ● Are stable alternative
  • 6. Advantages of Annuities ● Can help protect against excessive loss ● Provides guaranteed income
  • 7. Other Advantages ● Should be part of overall retirement-related portfolio ● Balance long-term financial goals ● Reasonable risk
  • 8. Annuities for Texans ● Especially important for retirees in the Dallas/Fort Worth Metroplex and North Texas areas
  • 9. Annuities for Texans WalletHub: ● Only one third Texans surveyed feel financially confident
  • 10. Annuities for Texans So how does Texas rank for retirees?
  • 11. Annuities for Texans ● Warm weather ● Delicious food ● Friendly people
  • 12. Annuities for Texans WalletHub: ● North Texas cities rank among the worst places to retire in America
  • 13. Annuities for Texans ● Arlington is 10th ● Garland is 19th ● Fort Worth is 100th ● Dallas is 106
  • 14. Annuities for Texans What does this all mean? ● Seniors are drawn to the places where their money goes the farthest
  • 15. Annuities for Texans What does this all mean? ● Metroplex and North Texas are not considered ideal
  • 16. Annuities for Texans What does this all mean? ● Money management is increasingly important ● Finding right financial solution
  • 17. Who Are Annuities For ● Anyone looking for a steady and reliable source of income ● During economic uncertainty ● Retirees
  • 18. Types of Annuities ● Fixed ● Variable ● Indexed single premium ● Immediate annuity
  • 19. Types of Annuities ● Fixed ○ Guaranteed amount ○ Does not change ○ Protection of initial investment
  • 20. Types of Annuities ● Variable ○ Offer higher rates of return ○ Higher risks ○ Amount received changes
  • 21. Types of Annuities ● Indexed ○ Guaranteed minimum disbursement ○ Portion of the profits are tied to index like the S&P 500
  • 22. Types of Annuities ● Deferred ○ Flexible ○ Receive payments at a specific time
  • 23. Types of Annuities ● Deferred ○ Flexible ○ Receive payments at a specific time
  • 24. Types of Annuities ● SPIA ○ Simple ○ Single large deposit and monthly payments begin immediately
  • 25. 3 Reasons to Buy Annuities ● Fixed income for life ● Pay for long-term healthcare ● Income for loved ones
  • 26. 3 Reasons to Buy Annuities ● Fixed income for life ● Pay for long-term healthcare ● Income for loved ones
  • 27. 3 Reasons to Buy Annuities A key part in crafting a financially secure retirement is calculating ways to best safeguard, and of course, build the investment
  • 28. 3 Reasons to Buy Annuities Always select options that balance a comfortable level of risk with positive returns.
  • 29. 3 Reasons to Buy Annuities ● Fixed income for life ○ Pay a fixed income until death ○ Very secure ○ Reliable
  • 30. 3 Reasons to Buy Annuities ● Pay for long-term healthcare ○ Fixed payment earmarked for healthcare ○ Built-in dependent is available ○ Withdrawals are tax-free
  • 31. 3 Reasons to Buy Annuities According to Senior Living: ● In Texas, home care services can cost nearly $6,000 per month ● Rose 10 percent just between 2016 and 2020
  • 32. 3 Reasons to Buy Annuities ● Income for loved ones ○ Option is receive support for beneficiaries after your death ○ Protects your initial investment and ensures beneficiaries
  • 33. Buy Annuities with 401(k) ● Income for loved ones ○ Option is receive support for beneficiaries after your death ○ Protects your initial investment and ensures beneficiaries
  • 34. Buy Annuities with 401(k) You probably have a 401(k), but did you know that you might be able to purchase annuities right in your plan?
  • 35. Buy Annuities with 401(k) ● Advantages of Converting a 401(k) into an Annuity ○ Higher payouts ○ Lower costs
  • 36. Buy Annuities with 401(k) ● Types of Authorized Annuities in 401(k)s ○ Single Premium Immediate Annuity
  • 37. Buy Annuities with 401(k) However: ● If the annuity holder dies, the money left in the account will NOT be passed on to my heirs; the annuity company keeps it.
  • 38. Buy Annuities with 401(k) However: ● The reason why is because the policyholder would have used up protection living more than ten years
  • 39. Buy Annuities with 401(k) However: ● Or, take the example of a fifteen year annuity and the holder died in year ten
  • 40. Buy Annuities with 401(k) However: ● Heirs would receive the monthly checks for another five years, and the company keeps the rest
  • 41. Buy Annuities with 401(k) Be sure the offering has solid financial strength from rating agencies like AM Best
  • 42. Buy Annuities with 401(k) Additionally, check how fees and payments compare to an annuity available outside of your 401(k)
  • 43. Are Annuities For You ● Decision is complex ● Has a major impact on retirement ● Is very personal ● Know all the facts and comparing options is important to making the right decision
  • 44. About Bobby M. Collins ● Annuity educator with 30 years of experience ● Founded Collins and Cate Retirement Income Professionals in 2002
  • 45. About Bobby M. Collins Annuity education Expert, serving Texas ● 940-704-1415 ● 2928-A Loma Linda Lane Wichita Falls, TX
  • 46. About Bobby M. Collins ● Often traveling more than three hundred miles a day to meet directly with clients, ● Serves Dallas/Ft. Worth Metroplex, Denton County, Amarillo, Abilene and North Texas
  • 47. About Bobby M. Collins ● Some comprehensive retirement plans include three types of annuities such as fixed immediate and indexed fixed ● Experience in Roth IRAs life insurance 401K, as well as defined benefit plans