Variable Annuities - More Information

Elinor and Robert Louis of CA have about $1 million, or half their retirement savings, in variable annuities with a guarantee. �Without it, it�s like Russian roulette,� said Robert Louis, 62. �You don�t know what�s going to happen.�
The extra fees for the rider are worth it because the product provides the potential for growth, downside protection and the ability to pass money to their heirs, said Elinor Louis, 62. 

Do you need income guaranteed for life?


If you�re saving for retirement and want to lock in a future income on favorable terms, consider buying a variable annuity with lifetime guarantees.


A key determining factor that affects the choice between an annuity and a traditional portfolio is the individual's need for guaranteed income. For someone with little or no risk tolerance or limited financial resources, an annuity may provide the needed guaranteed income stream. 

Some variable annuities guarantee minimum payout of the initial investment capital, regardless of market fluctuations.
Variable annuities provide some protection even when insurers suffer losses.
Variable annuities will provide a guaranteed income for the rest of your life and provide an inheritance for your heirs.

Are Variable Annuities Safe? Not only are they safe to trust your retirement to, they can provide for your beneficiaries after your are gone. The death benefit states that should you die prior to retirement, your family will receive the payout.

E-mail us with your questions: mminter@mintcofinancial.com