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Retirement

Planning

DID YOU KNOW?
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  • Only 6 states require high school students to take a class about money.

  • The average American household only has about $130,000 saved for retirement!

  • 62% of people age 44-75 actually fear running out of money in retirement more than they fear death itself.

  • 41 % of pre-retirees are expecting a decline in their standard of living at retirement.

Only 14% of Americans are secure in their retirement.

How do you feel?

 

Book your online retirement meeting to start the discussion.

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WHAT SHOULD I DO?

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Let us help you with the answer.  At Merritt Financial Group, our financial professionals specialize in retirement planning and will take you through the process online, step by step. We will help educate you with information that will empower you to make the best choices for your future.

RETIREMENT PLANNING 101

Annuities

An annuity allows an owner to contribute money (premiums) to an insurance company that may earn interest and expands on a tax-deferred basis with the agreement that the insurance company will then render a series of payments back to the customer at standard intervals.

 

People usually purchase annuities to provide or supplement retirement income they will receive from Social Security, pension benefits, investments and other sources. You can alter your annuity into a stream of income that can then be paid over a fixed period or for your lifetime. You can receive withdrawals of varying amounts when you need the income.

Types of Annuities

There are two different types of annuities:

IMMEDIATE:

Provides income payments that normally begin within a year after the premium is paid.

DEFERRED:

Yields income payments that begin later, often after many years. Deferred annuities are fashioned for long-term savings purposes.

  • Accessible to purchase using a single lump sum, or with flexible premiums over time.

  • When it comes time to take funds from your deferred annuity, you will have many options available to meet your needs.

  • Living Benefits
    Most people purchase Life Insurance to provide a legacy of financial security at the time of their death. But doesn’t it make sense for the benefits to extend and be available for the difficult financial times they have to face if a Chronic, Critical or Terminal illness precedes death? The industry calls the benefit an “Accelerated Death Benefit Rider.” We refer to it as Living Benefits. On most of our policies, Living Benefits are provided to you at NO additional cost. With out revolutionary process of buying life insurance online it has never been easy to put living benefits in place. Book-Online Meeting
  • Term Insurance
    Term Life Insurance could make sense for those who have a temporary need 10,15,20 or 30 years, financial limitations or large coverage amounts. Applying for term insurance online with our revolutionary application process has never been easier. Discuss. Apply. Approved. Features: Death Benefit is guaranteed for a fixed period Premium Fixed No cash value Protection is for a certain period of time (Term), normally for a specific number of years or to an age of the insured Premiums tend to be lower in the beginning but will eventually increase.
  • Whole Life Insurance
    This coverage was built for people who like guarantees and who are concentrated on providing Death Benefit protection over an accumulation of cash value. Applying for Whole Life insurance online with our revolutionary application process has never been easier. Discuss. Apply. Approved Features: Death benefit guaranteed Cash value guaranteed Possible additional cash value by the receipt of any dividends declared by the company. However not guaranteed, dividend payments are generally declared annually by the insurer Fixed premiums that will never change Book-Online Meeting
  • Universal Life Insurance
    Universal Life Insurance would be ideal for the insured who has a need for Life Insurance, somewhat conservative, and wants the guarantees of a fixed, minimum interest rate with the possibility for earning a higher return rate. Raising the Death Benefit may be subject to an approval from underwriting. Applying for Universal Life insurance online with our revolutionary application process has never been easier. Discuss. Apply. Approved Features: Death benefit flexibility Premium flexibility Policy cash values are credited at a current interest rate that is set by the insurance company, which can change, but will never be lower than a guaranteed minimum interest rate. Get a quote!
  • Indexed Universal Life Insurance
    Could be of interest to those who need Death Benefit protection but are concentrated on cash value growth for lifetime needs, such as a retirement income. Increasing the Death Benefit may be subject to additional underwriting approval. Applying for Indexed Universal Life insurance online with our revolutionary application process has never been easier. Discuss. Apply. Approved Features: Death Benefit flexibility Premium flexibility Accumulation of cash value is based on an interest crediting strategy that is tied to changes in a market index such as the S&P 500.4 Protection through minimum guarantees to make sure that your money will not be lost due to declines in the market
  • Variable Indexed Universal Life Insurance
    This policy design is for the customer who needs Life Insurance but would like to have the ability to choose how their cash value is invested. Guarantees are dependent upon the claims-paying ability of the insurer and do not protect the value of the variable product portfolios, which may fluctuate. Variable policy holders are subject to investment risks, including the possible loss of principal invested. Applying for Variable Indexed Universal Life insurance online with our revolutionary application process has never been easier. Discuss. Apply. Approved Features: Death Benefit flexibility Premium flexibility Accumulation of cash value is based on the performance of the professionally managed bond, stock and money market sub-accounts that you pick. You can create a portfolio to mirror your risk allowance and level of comfort. Cash values can change based on the sub accounts in which you are invested and may lose value, including principal. Book-Online Meeting
Annuities

  1. Guarantees are based on the claims-paying ability of the issuing company.

  2. Standard & Poor’s®, “S&P®, S&P 500®, Standard & Poor’s 500, and 500 are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Life Insurance Company. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of purchasing the product.

Guarantees are dependent upon the claims-paying ability of the insurer and do not protect the value of the variable product portfolios, which may fluctuate. Variable contract holders are subject to investment risks, including the possible loss of principal invested.

 

Variable contracts are sold by prospectus. For more complete information, please request a prospectus from your registered representative. Please read it and consider carefully a Fund's objectives, risks, charges, and expenses before you invest or send money. The prospectus contains this and other information about the investment company.

 

Flatirons Financial Group offers various types of annuities, each designed to help meet specific personal and business needs and objectives. If you would like more information, please contact us.

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