Summerlin Benefits Consulting Q&AAnswer
Oct 22, 2024 - 12:10 PM
Fixed Index Annuities (FIAs) play a crucial role in retirement income protection by providing a stable growth environment insulated from market volatility. They offer a guaranteed income source, addressing concerns about outliving savings, especially amid risks like longevity and underperforming investments. FIAs allow retirees to achieve reasonable returns while minimizing potential losses, making them a strategic option for those looking to secure their financial future.
