We offer solutions to help protect your retirement outlook by evaluating what you currently own that may expose your retirement assets to potential losses. We then establish what your unique tolerance level is, and design your retirement income plan and strategy around that level.
Rubino and Liang offer risk management solutions in Newton, MA and the greater Boston, MA area including Needham, Waltham, Brookline, Quincy and more.
Susan – Did you know that there’s a product available that will give you gains and not losses?
Sam – That’s right, there is such a thing. I know, it sounds too good to be true but it is and it does exist. It’s called a fixed index annuity or FIA. A fixed indexed annuity is an annuity that’s issued by an insurance company. The concept started in the mid-90s, where the insurance company actually takes on all the risk, you receive interest and during that interest is based on some type of a strategy that you link your money to. Your money is not in the strategy but a lot of times people use the S&P 500 index. Now here’s how it works. As the index goes up you got a portion of the gains and you get a portion of that upside. Now the nice thing is that if the index goes down you’ll do nothing and the interest is just simply zero. Personally, I’ve actually used this for my IRA and I use this for my own retirement accounts and over the last maybe five or six years I’ve averaged five to six percent. Not so bad for not having any risk to my principal.
Susan – Not so bad? Wow, is what I would say. If you’d like to learn more about the financial product that will give you gains and not the losses simply click on the link to set up a meeting a free consultation with Sam.