Happy and rich retirement is not really so difficult to achieve.
It is well known that, in order to be safe and never run out of money in retirement, you should invest conservatively and only draw [about] 4% of your account value per year.
Here is great news for you if you [are] old enough and plan to retire soon. There is at least one product on the market, readily available, that can provide 7% or more for life—no matter how long you live. And you can even start immediately.
For example: if you are 62 and would like to start receiving income in a year, here it is:
7% of your income for life, protected from market ups and downs. (See the image below.)
And really, that’s not the whole story.
You can (and likely will) receive more in later years, since the annuity is indexed and grows with the market.
Write us at info@ask-money.com and we can help you start building a happy retirement today.
Even better to start at 55
- You can start at 55 and withdraw in 7 years, and get 115K/year till the end of your life, from the same starting point.
So next time you see someone sitting in business class sipping champagne, you won’t have to wonder how they can be so sure they’ll never run out of money—they’ve already secured their future and can relax while enjoying life.
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