Protecting your future
The challenge in this area is that sometimes your retirement program investments don’t do so well. Perhaps you remember that in the late 1990’s everyone’s investments were going crazy, it wasn’t uncommon to see 40 percent growth or more in those days. But then the “dot.com bust” occurred and a little while after that – 911. All of a sudden a lot of the money that had grown so wonderfully in the 1990’s had gone up in smoke. People loved the stock market when it was going up, but when it started down…. A lot of people decided they didn’t want to put their money in such volatile investments again.
So the investment companies realized they had to come up with a way to somehow both build and preserve wealth in a volatile environment. This brought about the birth of fixed and indexed equity annuities. These are annuity contracts that are tied to a particular equity index, such as the Standards & Poors 500 or the NASDAQ. There are a number of ways this tool can be set up to credit the investor with the growth of the index it is linked to. Several of the strategies have an annual reset, which means that whatever level the investment has grown to at the end of its policy year, it is locked in at that point. Some of the strategies also employ monthly resets. If the index it is linked to goes down the next year, it doesn’t matter, the investment has been locked in at the level it had grown to the previous month or year. This allows you to take advantage of some of the gains in the equity markets, while not participating in the losses. The full scope and operation of these strategies is too complicated to fully explain here. My purpose is to only “wet your appetite” for the possibilities of these investment strategies. I need to have a few moments of your valuable time to ascertain your particular situation and which of these strategies will best suit your needs.
Protecting Your Wealth
Wouldn’t it be wonderful if life just went on without any serious incidents taking place? You get up everyday and never experience any serious health issues. You drive to work and never have any car accidents. You participate in recreational pursuits and never have any mishaps. You carry on commerce in your profession and no one ever gets mad enough at you to sue you. Your life just continues on and nothing “bad” ever happens to you. Wouldn’t that be wonderful?
But let’s face it – bad things happen to good people. We can try to bury our heads in the sand and hope that nothing bad ever “comes our way.” But we know it will. Here is where it is very important to have plans and programs in place to protect the wealth you are so diligently building and preserving. I offer number of services in this area including but not limited to:
- Short & long term disability insurance
- Long term care insurance
- Dental insurance
- Vision insurance
- Catastrophic health event insurance
- Cancer insurance
Once again, all I need is a few moments of your valuable time to determine what needs you may have in these areas. Please give me a call or send me an email and let’s set up a meeting time and place.
Why Choose Us?
At Pension Retirement and Insurance Services by Scott DeVore, we understand the value of reliability and performance. To remain successful, we must earn your trust by making sure that what you get is what you expect, and then some.
- Personalized retirement options and insurance plans for each client's needs
- Over 30 insurance companies to choose from
- An office conveniently located in Belen, NM, just 30 minutes from Albuquerque.
- With us you'll never worry about life insurance again
- Many years of experience with life insurance programs
- We are members of the National Ethics Association and have an A+ rating with the Better Business Bureau of New Mexico
- Independent New Mexico and Texas Retirement consultant and Life Insurance Agent
We want you to never worry about your Pension or Life Insurance again.
We are a web based Pension consulting, Term, Universal & Whole Life Insurance company for the greater Albuquerque metropolitan area. we also service the rest of New Mexico and western Texas. We specialize in assessing clients needs and setting them up with a program of life insurance that they will never have to change again. See how Scott DeVore can guide you to choose a plan that will protect your family, your future & your wealth!