Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Use an Annuity in Your Retirement


Scott Burns of the Boston Globe was asked from a couple nearing retirement for some guidelines in their retirement planning.  In “Eliminating debt, assessing spending habits are essential to secure retirement,” the columnist gives his important steps towards retirement.

  1. Get debt and spending under control.  Do what you can to eliminate all of your debt.  Lower your spending by taking stock of what you really need.  It might be wise to downsize your living arrangements or sell real estate and rent.
  2. You must have a guaranteed monthly income.  An individual lifetime annuity or a joint and survivorship lifetime annuity will help secure the rest of your assets from being drawn down as much.
  3. Get investment expenses under control.  The easiest way to minimize these expenses is by becoming an index fund investor.  Be sure to diversify investments across asset classes.  Burns recommends you begin with “domestic fixed-income, expand to domestic stocks, and then branch out to international stocks, international fixed-income, REITs, energy and emerging markets.”
  4. Take just as much time to consider your spending as you do your investing.  Every $1,000 that you save instead of spend adds up to $25,000 in retirement savings.  Easy switches like using generic prescription drugs can put you on the path to spend less.

By taking stock of your spending habits, eliminating your debt, using 401k annuities rollovers to guarantee monthly income for life, and making smart investment decisions; you should be able to obtain the comfortable retirement that we all desire.

For more information about the product mentioned in this article contact us here:

Newest Blog Posts

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help. For the fastest response, please select 'Phone' as your Contact Preference.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).