Fete Lifestyle Magazine May 2023 - Women's Issue | Page 29

Photo Credit Josh Hild

For nearly 3 decades I have practiced four things and included them when answering what makes 1st Capital Wealth Management different. We believe in Principal Protection, Income For Life, Tax Protection and Legacy Building. This month and next I want to focus on income for life.

Two of my favorite tools I have helped clients build and have in my own portfolio are Index Income Annuities and Income Real Estate Property. This month I will share a few tips about Index Income Annuities.

Between a 401(k) and an Individual Retirement Account, you may think you have your retirement finances covered. You may also have investments but feel somewhat hesitant about investing more in the stock market in a recovering economy.

Fortunately, you can create an annuity with a portion of your current income/wealth as an alternative financial vehicle with a guaranteed income in retirement. Here are some of the top things a Guaranteed Income Annuity can provide you and your portfolio.