How Fixed Annuities May Be the Solution to Your Retirement Needs

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Senior Tax Advisory Group

Posted on

Jan 12, 2011

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Colorado - Colorado Springs

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In the quest to create wealth, many savers have struggled with how to buy low and sell high and have even found themselves doing just the opposite. If the expression -- if it aint broke don't fix it makes sense then what should you do if your financial plan is broke? Or how about the oft quoted definition for insanity being doing the same thing and expecting different results. Well, if you've had about all the risk and fluctuation you can handle there may be a great alternative for you.
In the early to late 1990s, people flooded out of the safe haven of various fixed products to get in on market-oriented products with the hope of capturing high returns. As the market began to move down and eventually crash, many people were told to hold on and be patient. When they did, it took most of them the next five to six years to recover their losses. Then, just as many investments were starting to break even, the current economic recession began, leaving people to wonder how long it will take, yet again to break even let alone grow.
When you no longer have time to hold on or the chance of recovering your balance is even less realistic, then the time is now for a different strategy!
Fixed annuities can be that wonderful solution for safety and security. They provide unique features such as income planning for now and later. They can also be a great tool for recovery of some of your losses, while allowing you to enjoy some upside potential with no downside risk. Simply put, once you make it you keep it, and you never risk losing it again.
There is a lot of media misinformation about this secure financial solution, so it is very important that you get educated by an advisor that you can trust to understand to see if a fixed annuity might be suitable for you. Solid information and innovative solutions help you make informed decisions and the sooner you start gathering the facts for your individual circumstances the better.
Editors Note: This article was submitted by Senior Tax advisory Group, Inc. For help, or further information, they can be reached at 719-596-4844

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Senior Tax Advisory Group

Financial Advisor 6775 Rangewood Drive, Colorado Springs, Colorado, 80918

"Senior Tax Advisory Group is a company that specializes in serving the retirement needs of anyone over the age of 50. We have helped over 3,000 people in the greater Colorado Springs area since 2002. Our Review and Discovery process helps you discover if your current strategies match up with your future plans. Our proprietary process helps guide you through retirement. Well help you make informed decisions, avoid costly mistakes, lower income taxes, increase your estate size, and we are experts at removing unnecessary risk This proven process helps us create a sound plan based on facts and logic not emotion and opinions. Thats what makes our firm different!"

Senior Tax Advisory Group

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"Senior Tax Advisory Group is a company that specializes in serving the retirement needs of anyone over the age of 50. We have helped over 3,000 people in the greater Colorado Springs area since 2002. Our Review and Discovery process helps you discover if your current strategies match up with your future plans. Our proprietary process helps guide you through retirement. Well help you make informed decisions, avoid costly mistakes, lower income taxes, increase your estate size, and we are experts at removing unnecessary risk This proven process helps us create a sound plan based on facts and logic not emotion and opinions. Thats what makes our firm different!"

Senior Tax Advisory Group

Fiduciary Services 6775 Rangewood Drive, Colorado Springs, Colorado, 80918

"Senior Tax Advisory Group is a company that specializes in serving the retirement needs of anyone over the age of 50. We have helped over 3,000 people in the greater Colorado Springs area since 2002. Our Review and Discovery process helps you discover if your current strategies match up with your future plans. Our proprietary process helps guide you through retirement. Well help you make informed decisions, avoid costly mistakes, lower income taxes, increase your estate size, and we are experts at removing unnecessary risk This proven process helps us create a sound plan based on facts and logic not emotion and opinions. Thats what makes our firm different!"