Phoenix Fixed Index Annuity & Annuities
If you are considering your retirement years and want to enjoy financial stability, you may have given Phoenix fixed index annuities some thought. Most people look forward to their retirement years, and want to live comfortably without the worry of how to pay the bills, buy groceries or even travel occasionally to see places they have never seen. If you are curious about what a Phoenix fixed index annuity is and how it works, MyAnnuityGuy.com™ works to help those just like you choose safe, secure products so that you can look forward to your retirement years with peace of mind.
What is a Phoenix fixed index annuity? Actually, this type of annuity is a cross between a fixed and variable annuity. In fact, many people refer to it as a Hybrid Annuity. Who benefits most? Those who are at or nearing retirement and desire principal protection, but who also want a measure of equity market participation find that Phoenix fixed index annuities are especially suitable for their needs.
These annuities offer optional rider premiums, some with no imposed annual fees or deductions. More people today are moving toward Phoenix fixed index annuities than at any time in history, much of this thought to be due to richer benefits and lower fees. In fact, in 2010 fixed index annuities sales hit record highs, and for good reason. These annuity options are investor friendly, and ideal for investors who desire potential growth while at the same time protection of the principal investment.
Essentially, with Phoenix fixed index annuities you get to enjoy much of the upside movement of the stock market, but without the risk of losing your initial investment, as your contractual rate of return will never go “in the red,” or below zero. In plain terms, your account can never move backward, so even in years when the market goes down, you do not suffer a loss.
A Phoenix fixed index annuity allows the investor, without participating in the market directly, to earn interest based on potential index gains in the market. If this is a product that sounds suitable for your needs, you will likely be curious about how interest is credited, along with other aspects of this type of annuity. Feeling secure about the future and your retirement years is important; after a lifetime of working and raising a family, you’re ready to relax and enjoy financial freedom. At MyAnnuityGuy.com™, we take the guesswork out of planning for financial stability in retirement. Questions about Phoenix fixed index annuities? Give us a call any time, day or night – we’re here to answer your questions and offer the guidance you need to make an informed decision.