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Why should you insure your future?

Preparing for a secure financial future starts with creating a financial plan that helps you build a diversified portfolio. The government plans 401 (k), 403 (b), or 457 (b) can maximize worker retirement plans. Insuring your financial future makes a huge contribution to your financial independence.
Why should you insure your future?

The Nationwide study proved the asset protection to be the financial problem #1 for investors, and the pandemic-related losses were the second in their portfolio. Investment insurance with a retirement annuity protects against market risk and increases your long-term wealth potentially.

If you are willing to take on some market risk in exchange for more upside potential, you can buy index annuities. These could be the S&P 500 or the Nasdaq 100 annuities. If you are a moderately conservative investor worried about downturns in the markets, a high security deferred retirement annuity is for you. If you are more conservative, you should choose fixed indexed annuities.

An annuity is the only product that provides a guaranteed income stream for a lifetime. With a predictable return on annuity you can cover basic expenses as you get older.

Source: https://www.kiplinger.com/retirement/retirement-planning/603410/you-insure-your-car-and-your-home-so-how-can-you-insure-your

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