Investment Advice

Retirement Income Planning

There is never a one size fits all when it comes to a retirement plan.  A retirement income plan should focus on growth to meet your long-term needs, guaranteed income (Social Security, Pension, Fixed Income Annuities) to help with your essential expenses as well as the flexibility to refine your retirement plan over the years.

Social Security Optimization

Social Security is a critical component of an effective retirement income plan. Many investors across all income levels will include Social Security as a source of retirement income.

Accumulation & Distribution Strategies (Variable Annuities)

If you’re building a plan for your financial future and want the potential to grow assets tax-deferred, a variable annuity may be a portfolio addition to consider.

Accumulation: Growing your money

During the accumulation phase of a variable annuity, money paid into the contract ("premium") is allocated to investment portfolios ("subaccounts") where earnings have the potential to grow tax deferred. Many variable annuities offer investment portfolios that are actively managed by professional money managers, thereby allowing you to create your own investment strategy among the various subaccounts. This technique may provide you the opportunity to properly position your portfolio to grow during good times, while reducing risk and protecting capital during market downturns.

Distribution: Taking your money

During the distribution phase of the contract, a variable annuity can be converted into a series of income payments for your entire lifetime, over a set time period, or one lump-sum payment. If you begin taking withdrawal payments before age 59 ½, your withdrawals may be subject to additional taxes.

© 2021 by 1879 Advisors® which is the marketing name used by Bruderman Asset Management, LLC, an investment adviser registered with the SEC and which provides investment advisory products, and its affiliate, Bruderman Brothers, LLC, member FINRA/SIPC through which securities are offered. Before investing in any variable annuity, you should read the prospectus carefully and consider the investment objectives, risks, charges and expenses of the investment company. Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401(k) or IRA, and may not be available if the annuity is owned by a “non-natural person” such as a corporation or certain types of trusts. Guarantees are backed by the claims-paying ability of the issuing insurance company.