Looking for a conversation starter? June is National Annuity Awareness Month, providing a great opportunity to engage with clients about the role that annuities can play in their retirement strategies.
Rising inflation, market volatility, job markets and global uncertainties may be top of mind for some. The idea of guaranteed income in the form of a risk-control annuity may be just what your clients are looking for.
National Annuity Awareness Month is an opportune time to share about these innovative products, especially for clients who may not feel confident about having enough income in retirement. The fear of running out of money is very real.
Annuities can help provide the security that other investment options may not. However, some clients may not be familiar with how annuities work, might think there’s only one kind, or believe common misconceptions about annuities.
Annuity talking points
It’s important to educate your clients about all their retirement options and help ensure that they are making informed decisions when choosing whether or not to include an annuity in their retirement portfolio.
You can start with these simple overviews:
- Fixed annuities are insurance products instead of investment products, so they earn interest instead of returns or gains
- Registered index-linked annuities feature earned interest linked to market performance, up to a cap
- Variable index-linked annuities combine diversification with protection, offering customized, guaranteed limits on loss
- Income annuities offer guaranteed lifetime income, which can help ensure that savings last as long as your client lives or through a chosen period of time
National Annuity Awareness Month is a great opportunity to give your clients the facts they need about annuities and offer the power of risk control. Learn about the wide range of available annuity products and their benefits. Click the button below to access detailed annuity information.