Planning for your retirement can be broken down into three primary objectives. For most retirees, these three objectives allow them to meet their retirement goals. These retirement objectives are:
Each of these objectives is best met through specific that optimize for that objective. Diversifying across a portfolio provides you protection and ensures that all of your goals are met. Some complicated products available in the market today promise growth, liquidity and income all wrapped into one. However, diversification within one product typically leads to a confusing, expensive offering that never meets any one objective as well as other products uniquely suited for an objective.
Use the table below to better understand which financial product best meets your retirement objectives:
At Blueprint Income, we specialize in the income goal by offering a marketplace of simple income annuities. We also have a marketplace of fixed annuities for those looking for a guaranteed return. In both cases, we aim to have the most insurers (30+ now) and most competitive pricing out there.
If you are interested in some personal advice on how to considering adding a fixed or income annuity into your retirement portfolio, email us at [email protected]
Interested in getting retirement insights delivered right to your inbox? Sign up for our monthly annuity newsletter.
At Blueprint Income, we're working to make the annuity market a simpler and easier space to navigate. Each day we're focused on offering a better service and product that makes sense for you.
The habits that help us build our retirement nest-egg also prevent us from spending as much as we can in retirement. Annuities can help solve this challenge of underconsumption in retirement.
Bonds and income annuities have unique features that make them important components of your retirement portfolio. Understanding the role each plays in preparing for retirement can help you optimize the conservative, or safe, portion of your portfolio.