Annuities seem to get more popular with every passing year. Part of the reason for this lies in their tax deferred growth benefit. This is to say that money put into an annuity does not have its earnings taxed. Eventually though, the owner of the...
Many people are looking at their Retirement portfolio and thinking, “What happened?” Here is an interesting way to look at your Retirement with Real Estate as an example.
So.. in this current economic climate, what if there was a Real Estate contract that had these features?
- The Sale price on your new home is GUARANTEED to never be less than the price you purchased it at as long as you keep your new home for at least a year.
- The value of your home is GUARANTEED to go up at least 2% every year, regardless of the market.
- If Real Estate prices rise significantly and the value of your home goes up say 7%, that home value increase is locked in and GUARANTEED never to go back down. Any future increases will also show the same result.
- If Real Estate prices drop dramatically, your home will retain its current value, even while the value of your neighbors home plummets.
- The Bank will let you share in the gains the market makes on your home but you NEVER have to feel the pain of any of the losses!
- If you stay in your house 5 or 10 years, there will be no Real Estate commissions charged to you when you sell.
- When you decide to sell your house, you get your money in 30 days. No more waiting 6 months.
IF THIS WAS HOW A REAL ESTATE CONTRACT WORKED, HOW MUCH REAL ESTATE WOULD YOU BUY?
Truth be told… this is not a “Real” Real Estate Contract at all… it’s a Fixed Indexed Annuity. While most people are watching their nest egg disappear, you could be protecting all that you have made and ensuring that you have the income you need for retirement…. Forever! An Annuity works great for that IRA, Roth IRA, or 401(k) as well.