Veteran Retirement Rescue:
create a retirement income stream that can't be outlived: using fixed indexed annuities
Are you a military veteran who's looking for a safe and reliable way to create a retirement income stream that can't be outlived?
With a fixed indexed annuity (FIA), you'll know exactly how much money you'll have each month for the rest of your life. This will give you peace of mind knowing that you won't outlive your retirement savings.
Contact us today to learn more about how an FIA can help you create a retirement income stream that can't be outlived.
Why aN FIA is a great option for Veterans
Whether you are considering continuing to grow your savings while reducing risk, creating a source of lifetime income or protecting and building a legacy for your loved ones, a fixed indexed annuity (FIA) may help.
Helpful FIA Resources
What is a fixed indexed annuity?
A fixed indexed annuity is a contract you purchase from an insurance company that provides the opportunity to earn interest on your retirement savings based on the changes in an index such as the S&P 500® Composite Price Index. Regardless of index performance, indexed annuity contract values will not be impacted by negative index returns.
Insuring an Investment:
A fixed indexed annuity is not a stock market investment and does not directly participate in any stock or equity investment. It is an investment strategy contracted with an insurance carrier.
An End to Risk:
A fixed indexed annuity may be appropriate for those individuals who want the opportunity to capture upside potential while having a level of protection from market downturns.
Key knowledge point:
Withdrawals taken before age 59½ may incur a 10% early withdrawal federal tax penalty in addition to ordinary income taxes; withdrawals may trigger surrender charges, reduce your death benefit and contract value and may also reduce any guaranteed lifetime withdrawal benefits
Lifetime income or an enhanced death benefit may be provided through the purchase of an optional rider for an additional cost. Lifetime income may be provided through annuitization at no additional cost, and a base contract death benefit is available at no additional cost.
why your retirement needs to be rescued
The 7 Hidden Retirement Account Risks
Fixed Index Annuities can be designed to protect against the following risks:
health care cost
living too long
The retired (consuming) population is increasing
With less workers and more retired people, the government will have to find more money to cope with the higher benefits costs. This can cause everything from higher inflation to higher taxes. All things out of your control if you allow your retirement account to sit around and wait.
Using the Veteran Retirement Rescue strategy we help you design a fixed index annuity that reduces the impact of taxes, inflation, and all of the other risks on this list.
Timing Risk (aka Sequence of Returns)
Scenario: Both couples begin with a portfolio balance of $500,000 and over 30 years make 5% annual withdrawals ($25,000, plus annual increases to account for inflation) and expect the same average annual net return of 6.0%.
Dave and Joan experience poor early returns and strong returns later on, which results in a depleted investment portfolio by year 13 at their mutual age of 78. On the other hand, Jeff and Wendy experience positive returns in the early years, and negative later on, still leaving them with a comfortable portfolio at their mutual age 78 and well beyond.
Reducing sequence of returns risk Although retreating from the markets would reduce your exposure to sequence of returns risk, it may also lower the growth potential of your portfolio and lessen its ability to provide you with adequate long-term income.
To counteract the risk of poor returns early in your retirement, consider using a portion of your retirement income to purchase a product or products that include principal guarantees (the guarantees may be purchased for an additional cost and may be subject to limitations).
That way a portion of your assets are protected against declines in periods of poor returns, and you’ll still have the ability to benefit from potential market gains over the long term.
It is impossible for any investment professional to "time the market". And most investment advice is given only during the accumulation phase where a bad year is made up for over time. But what happens if there's a bad year when you are actually using your money. In that case, timing IS everything. And with the Veteran Retirement Rescue strategy you will now having timing back in your control.
The rising real cost of inflation requires benefit increase guarantees
In recent years, the real cost of inflation has been on the rise. This trend affects everyone, but it hits retirement account owners particularly hard.
Why? Because retirees rely on their nest eggs to cover living expenses, and those expenses are constantly increasing. In order to keep up with the rising cost of living, retirees need their investments to grow to keep up with inflation, but without taking the stock market risks they could when they were younger.
That's why the Veteran Retirement Rescue strategy leverages the advantages of modern fixed index annuities. They are the only financial tool designed specifically to guarantee a protected principle and lifetime income stream that will beat inflation consistently and with many FIA the cost of living increases can be guaranteed. Even your military pension COLA amounts are voted on annually, with no guarantees.
Asset value fluctuation during withdrawals means less income
With a fixed indexed annuity, you'll have peace of mind knowing that your retirement is secure from the volatility of the stock market and the high fees of Wall Street. Both of which not only cost investor's bottom line in their retirment account. It also costs you emotionally are you are frsutrated and confused about making the smart financial decisions about your retirement.
That's why we create the Veteran Retirement Rescue plan. Its the only simple solution to take market volatility our of your retirement porfolio and to bring protection guarantees and bonuses in.
There is a greater risk of outliving our income
Recent US census data continues to prove that Americans are living much long than the retirement system predicted when it was designed decades ago. And the assumption that you'd need less income in retirement also isn't true, and not for the reason's you'd think.
Part of living longer has meant a massive increase in spending for medical and assisted living care. This eats away at your retirement savings in three ways.
First, you have to spend more than you'd expect for health care.
Second, you have to pay for all the people who haven't saved for retirement through increases in the tax rates to pay for social security, federal debt and medicare.
Third, is the regret of having spent all the money without leaving a legacy.
A fixed index annuity is uniquely design to protect you against these hidden costs.
There is a 70% chance you'll need long term care
The concept of retirement in America has rapidly shifted from a a rocking chair on the front porch for a few year to a longer life span with increased medical costs. The risk is that you will be force to use your retirement savings before qualifying for health insurance. Meaning that there would be less left for a meaningful legacy.
If there was a way to protect your retirement savings with a provision that would double or triple the amount available for long term care costs, you'd want to know about it, right?
Schedule a call with a US VetWealth expert today if you have concerns about long term health care insurance coverage and premium costs. This is the better alternative you didn't even know you were looking for.
Tax rates are going to go up
Do you have the majority of your retirement savings in traditional TSP/401k/IRA accounts? If so, then you may be shocked at the future tax implications of withdrawing that income after the low income tax rates expire.
The good news is that we offer a tax-reset option for the Veteran Retirement Rescue strategy. If you qualify (Age 50, $250k minimum in qualified accounts), then you can leverage a strategy to "pre-pay" your retirement taxes so that you have more of your savings available when you need it.
Veteran Retirement Rescue
designed by US VetWealth
Grow and protect your retirement savings
with Fixed Indexed Annuities (FIA)
A safe, reliable option for creating lifelong financial security
The Veteran Retirement Rescue Strategy is designed using modern fixed index annuities to generate increasing lifetime income, grow your premium, and protect against market downturns while helping you navigate retirement with greater confidence
Growth & protection
100% principal protection with the potential to grow your cash value based on index performance.
Legacy & care
Protect yourself and your loved ones with options for life’s unexpected events and likely outcomes.
Increasing lifetime income
After you begin withdrawals, create a source of retirement income that may grow with your needs.
The SECRET to the RESCUE
The Lock & Reset Advantage
work with us vetwealth
How to Avoid the Retirement Account Risks
1. Identify the problems you want to solve from the list above.
Fixed Indexed Annuities are a great way to insure the guarantee of a stream of income in retirement. Modern improvements have increased the variables and choices to give you the best customized solution.
2. Schedule a zoom call with a US VetWealth subject matter expert to review your assets and intentions.
We know that the best approach to understanding your retirement investment options is the simplest approach. We offer you a free consultation to learn about you, your financial resources, and educate you on fixed index annuity and other options that may work for you.
3. We work with you to smartly conduct transfers, rollovers, or exchanges in a tax efficient way.
Once we agree on a strategy over via email and follow on zoom calls we will develop an implementation plan to help you with the administrative process of applications, qualification and asset transfers.
4. Enjoy that your assets a then insured against loss AND inflation so you can enjoy your wealth.
After your new fixed indexed annuity is in force you no longer have to be concerned with tracking the daily market performance of your accounts. Instead you can let it grow until you need to begin taking income, and once you do, that income will be guaranteed for life.
Protect Your Retirement Today.
Schedule a call with a US VetWealth Veteran Retirement Rescue qualified expert.
This material is not a recommendation to buy, sell, hold or roll over any asset, adopt a financial strategy or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition or particular needs of any specific person. You should work with your financial professional to discuss your specific situation.