How to Rid Yourself of Retirement Worry!

June 5, 2013 - PRLog -- When leading up to retirement now day one might happen to feel so discomfort when making this decision. The thought of not going to work sounds great, but the thought of there finances brings discomfort to this milestone in ones life. In fact in recent Gallup surveys it found that61% of people were very to moderately worried about not having enough money for retirement. When asked about not maintaining the same standard of living 51% were very to moderately worried . With 58% of people worried that they will not be able to pay for medical cost or major illness. Why are so many retires worried about what's suppose to be a great time in their lives?the real question that needs to be addressed is how do they avoid the worry?There seems to be a real need at retirement to be able to provide a way of financial stability for their health need and their lifestyle. The question is there anything that can help a retirees achieve the safety and security that is needed for today's retirees? In fact there is a vehicle offered by insurance companies that can help achieve the dream of retirement. These are know as Fixed Index Annuities or F.I.A's for short. They give the safety that one must have in order not to worry about retirement. The safety net F.I.A's allow you to protect what you have worked so hard to save for. This almost sounds to good to be true ,but its not. How these vehicles work is the money you put into them can't be lost. That means what you start with is guaranteed to be what you have no matter the market or economy. The way this is achived is by giving you moderate returns anywhere from 4%to 6%,but as you approach retirement Protecting your principle is key to ones pro folio. Income when you need it One of the most common things we hear is people worried about outliving the money they have saved. This is a very real and serious concern with pre and post retirees. Along with providing a safety net F.I.A's provide as source of income that will last the rest of your life. This type of income will provide a steady "paycheck"throught out your retirement. Allowing you to maintain the life style that your accustomed too. While allowing you to never have to worry about outliving your money. "What Ifs"( health and nursing homes) Inside the F.I.A's your able to build it in a way to achieve all your needs . Going along with that most people of retirement age worry; whether they or a spouse will end up in a nursing home or becoming terminally ill. Along with the fear of the cost of nursing homes and illness worries quit a few retirees. F.I.A's although they were designed for any one .They really provide a great vehicle to have in ones retirement pro folio.These types of vehicles allow you to receive extra benefit in these times of need allowing you to be able to focus on the situation at hand and not worry about the financial cost. Education When looking to plan out your retirement become educated. Granted you will need an advisor to implement your plan . It is best that you go to an advisor that fits your needs. The best way to figure this out is to get educated wether on F.I.A's or on other types of retirement vehicles know what you want before hand. Then when it's time to choose an advisor you will be able to better align yourself with one who best fits the needs of your plan. "F.I.As are not suitable for everyone, but everyone should at least seek an educated advisor as to whether an Indexed Annuity might be suitable for their portfolio and their future goals. This type of annuity allows a lot of protection along with a lot a guarantees that cannot be overlooked when balancing or creating a portfolio." Josh is frequently seen in FOX, NBC, CBS, ABC, The Chicago Chronicle, and CBS Money Watch. In his years as a professional, Joshua has seen the lifelong impact of retirement preparation – or lack of preparation—every day. Commenting on his career, Joshua says, “I feel blessed to have helped so many people prepare for the day when they don’t have to work any longer. As well as helping those in retirement keep it that way.” You can find out more about Josh at www.aaronmatthewsfinancial.com

Photo:
https://www.prlog.org/12151271/1