Retirement Income For Life - 3 Guaranteed Sources

💡 Mini-Course on Annuities ($10 OFF Coupon Code: KZbin):
www.yoursafemoneypeople.com/o...
Did you know there is only 1 thing you need in order to retire? What is that? Well, its a PAYCHECK. You need money coming in, or you are not retiring.
In this video I am going to show you 3 guaranteed sources of retirement income and how you can secure your paycheck for life!
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⚠ If everything you believed to be true about money and retirement turned out to not be true, when would you want to know?
There are so many myths and misconceptions around the subject and our goal is to provide you with the FACTS and teach you why it's more important to learn "how to invest" versus "what to invest in."
If I were to send you out to play in a pro golf tournament tomorrow... would you want your favorite golfers clubs or their swing? You see most people out there are selling "clubs" or an investment product without fully educating you on the "swing" of how money works. If you know anything about golf, the SWING is what makes the golfer.
If you believe like most financially educated people that taxes will be higher in the future, what is your plan?
There are only 3 ways to grow your money:
🌱 TAXABLE
🌱 TAX-DEFERRED
🌱 TAX-FREE
Are you going to be reactive or proactive? It really is your choice.
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👇 Use the links below to connect with us further and to get more education or to set up a 1 on 1 no-cost, no-obligation appointment with James where he can review your current plan and give you more clarity, balance and focus going forward.
💻 www.yoursafemoneypeople.com
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[@yoursafemoneypeople]

Where are you planning to get your retirement income from? 💬👇 💡Mini-Course on Annuities ($10 OFF Coupon Code: KZbin): www.yoursafemoneypeople.com/offers/g4EznzFj

[@Beadgcfb]

I get it, but take it a bit deeper. I could have ‘principal protected income for life’ by putting cash in a coffee can and only taking out the right amount, no fees or commissions involved. What I want to know is how annuities or other fixed income holdings compare to that and to each other, in other words beyond return of principal.

[@yoursafemoneypeople]

While burying the money in your back yard in a can might appear to protect you, it does not as Inflation will eat away at that money. Not all annuities have fees, and commissions do not come out of your money they come from the insurance company, unlike the fees in any brokerage account which come out of your pocket. . I will be happy to show you how, and if annuities make sense for you, simple set up a time here calendly.com/jjsafemoney/appointment

[@tonylevine2716]

New subscriber. Retired this past Oct at 55 with a military pension and VA disability. Have a 401k and IRA accounts. Have liquid cash accounts also. The Rule of 55 applies to me but I don’t plan to use it. I want to continue to let my retirement accounts grow as long as possible-maybe till RMD. I plan to take Social Security at 62 and invest it. Great info!

[@yoursafemoneypeople]

There may be a better way. Take the time to reach out. Leave your check book at home you don't get to buy anything. calendly.com/jjsafemoney/appointment

[@financiallydisciplined]

Owning annuities in your portfolio is just like buying yourself a pension! That is exactly what it is. Guaranteeing an income for life is a pretty damn attractive feature considering people are living longer and longer these days

[@yoursafemoneypeople]

That is correct. Most people focus on the bads or what they hear but don’t truly understand the benefits of securing an income for life. Every financial decision has pros and cons. It’s a matter of if the pros outweigh the cons and if it’s in alignment with your goals. And to retire you need a paycheck!

[@steveambrose2349]

Why give up control via an annuity for life when we can make the same % growth in other investments that yet gives us personal control?

[@yoursafemoneypeople]

@@steveambrose2349 There are numerous answers to this questions. First if you are using qualified money (ira's 401k etc.) you never really had control in the first place. After all at what point are you going to cash it out. Second an Annuity can provide something most investment cannot. Safety, some liquidity, most of the gains of market without the losses,, and most important when it runs out of money it does not run out of income. If you take any investment and use the same draw down rate that a annuity guarantees, they will both run out of money, yet the annuity continues to pay and is some cases continues to increase throughout life hedging for inflation. Want to know how this applies to you set up a time to talk here calendly.com/jjsafemoney/appointment

[@financiallydisciplined]

@@steveambrose2349 simple. because an annuity is 100% guaranteed. no other investment is going to provide a lifetime income that you cannot outlive. if you live long enough your money in the stock market can run out. people are living longer. its just a form of safe money that people should consider having. not necessarily all of their money, but securing a portion to guarantees is a smart idea in my opinion

[@cryptoricardo]

Great point sir

[@yoursafemoneypeople]

Which point?

[@cryptoricardo]

@@yoursafemoneypeople That annuities are not to be discarded

[@yoursafemoneypeople]

@@cryptoricardo Not only are they not to be discarded most everyone regardless of net worth should be using them in some fashion or another.

[@DrDRE4391]

030, ERISA killed the pension. Congress had good intentions when they enacted it in 1974. Corporations didn't want to HAVE TO make sure the money would be there for their pensioners. They shifted the burden onto the workers.

[@yoursafemoneypeople]

Or depending on what you believe the big money convinced Congress to pass the pension protection act which was the biggest oxymoron ever. If gave the the right to do away with pension in turn letting the fox into the hen house. Currently they are passing regulations that will destroy the middle classes ability to get sound advise on their qualified funds. Now is the time to move while things are higher then they have ever been and you still have a no legislation limiting your choices.

[@DrDRE4391]

@@yoursafemoneypeople to: . Planning To Retire? I Can't & Won't. Here Is Why. Hoffman . Good historical information about retirement before ERISA.

[@DrDRE4391]

@@yoursafemoneypeople Good historical information about retirement before ERISA. Planning To Retire? I Can't & Won't. Here Is Why. Hoffman

[@vincentferrera6649]

He never said what an annuity is.

[@yoursafemoneypeople]

Rewatch it! I said what it is 🤙

[@acilirp]

Meh, if I have to pay ordinary taxes then it's not worth it.

[@yoursafemoneypeople]

What’s not worth it? I teach many tax strategies as well