Dealing with inflation and Maximizing Returns for Retirement saving.
For many years, the main concern for working-class individuals has been whether the money they save for retirement will be enough to cover their expenses. Did you know that, for example, $100,000 today will have less purchasing power in 5 or 10 years due to an average annual inflation rate of 3.4%? This is why early retirement planning is crucial.
Our strategies aim to ensure that, for example, the $100,000 in retirement assets can beat inflation rates and provide significant returns to supplement your retirement income, including double the income benefits for medical impairment. In this program, both principal and profits are guaranteed not to be lost in case of a stock market crash.
Our leading financial carriers in the industry offer various benefits, such as consistent annual/monthly payments for life, increased payments in case of illness, and continued payments for the spouse and heirs in case of the account holder's death.
Please be aware that IRAs and 401(k)s are not guaranteed; when the stock market declines by 1% - 30%, IRAs, 401(k)s, and others may decrease by the same percentage.
If you have any questions about Traditional IRA, SEP IRA, ROTH IRA, SIMPLE IRA, 401(k), 403(b), 457, retirement planning or financial strategies, please feel free to contact SP Finance Services for free advice and consultation.
Phu Nguyen
Financial Speacialist & Consultant