Retirement and Financial Planning
Build a custom financial and retirement strategy that helps you accomplish your financial goals and preserve your legacy.
Learn more about annuities, estate and retirement planning below.
Annuities are arguably the most common, most utilized, yet most misunderstood financial products available to consumers today. In fact, most investors have no idea that there are actually four very different and unique types of annuities available to them. Instead, most people have been misled by both the media and certain financial personalities who misrepresent and lump all annuities together as if each one works exactly the same.
What is an Annuity?
An annuity is an amount of money that is systematically paid to a person for a specified period of time, often for the rest of his or her life. Essentially, an annuity is just a good old-fashioned income stream.
Today there are four different types of annuities available to consumers, and it’s often likely that it would make sense for you to have at least one of them in your overall retirement plan.
*Guarantees are based solely on the financial strength and claim-paying ability of the issuing company and compliance with product requirements.
You’ve worked hard for the past few decades, been disciplined in saving what you could, and gone through the ups and downs of the stock market. You’ve reached the top of the mountain. But while you might think that the journey to this point was the most difficult part, now the real hard part is actually about to begin. Studies show that retirees’ whose retirements fail did so because they failed to plan.
Distributing your assets is arguably more important than accumulating them – especially in retirement. At Domingo & Associates, we are able to formulate a custom-tailored retirement plan just for you and your family so that the anxiety of possible “what-ifs” fade away.