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.
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