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Retirement Planning

Starting with Prideland Insurance

 

Starting in your 20’s: Your whole life is ahead of you. So why should you care about retirement? One word: Time. When you’re saving for retirement, you’re putting compound interest to work for you. That means that the little bit of money you put in now has the potential to turn into a big chunk of change later. You also may be able to defer taxes. What’s not to like about that?

 

Starting in your 30’s: You’re probably on the road to your career goals. You might have bought a house or started a family. And you’ve probably started thinking seriously about your financial future. That’s a good thing - because with increased expenses, you need to be even more deliberate in saving for the future you deserve.

 

Starting in your 40’s: This time in your life you’ve found your groove. You know what works for you, and how to make the most of it. Can you say the same for your retirement finances? Sure, retirement isn’t exactly around the corner, but it’s not that far off either. The decisions you make now could have a huge impact on how you live later on.

                                               

Starting in your 50’s: By now, you might be feeling more rooted in life - you’ve done well, your family is established and you know how to get what you want. As retirement nears, your financial strategy should be taking root too. This is the time to solidify your plans for retirement and start thinking seriously about how you’ll make your money go the distance.

 

Starting in your 60’s: Congratulations! You’ve been saving and planning for your retirement, and it’s finally here. Now’s the time to take the steps to help your nest egg provide the income you intend it to. By taking a holistic view of all your assets, you can determine if you’re on track to getting the income you need to live the life you want and help make it last as long as you do.

 

Starting in your 70’s-80’s: You may have been retired for a while, or you may just be starting now. Either way, your emphasis now is on managing your portfolio so that you can live the retirement you want while striving to make your money go the distance. And of course, while there are years ahead of you, now might be a good time to ensure your estate is in order.

 

Whether you are in your 20's or in your 80's Prideland has the products, tools, resources, and expertise to help you reach your financial goals. No matter what financial goals or dreams you have in mind, our team of professionals will do everything physically possible to see you have the retirement and peace of mind you deserve. 

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Annuities 

The value of an annuity

An annuity is a long-term, tax-deferred investment that is issued by an insurance company. It is designed to create a customized plan for each investor’s unique needs while helping protect what matters most to them in retirement.

 

Lifetime income

An annuity can provide you income for as long as you live through annuitization,* which converts your assets into an income stream at no extra cost, or via an optional benefit rider available for an additional cost.

 

Legacy planning

An annuity can provide you the opportunity to create a living legacy by preserving funds for future generations in a tax-efficient manner.

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Spousal opportunities

An annuity can be used to protect and preserve assets for a surviving spouse through death benefits and/or living benefits to sustain their ongoing lifestyle.

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