The recent service expansion comes in response to the growing interest in annuities by individuals nearing retirement, with sales of these financial products rising 22% in 2022 compared to the previous year.
More information is available at https://goldstonefinancialgroup.com/
Following the announcement, Goldstone Financial Group offers advice on annuities as part of its retirement income planning services, which have been developed to help clients ensure a secure stream of income in their later years. Annuities are among the arrangements they can consider to complement their existing income sources and achieve their financial goals, the team says.
Goldstone offers annuity advice as it believes that having multiple streams of income in retirement significantly increases an individual’s potential to robustly protect their investments from unfavorable market developments. Having a steady stream of income from a variety of sources also allows retirees to spread the risk while still having enough funds for the future, the team says.
Retirees can schedule a consultation with Goldstone, where one of the consultancy’s financial advisors will assess their sources of income to ensure that the money they will have at their disposal in retirement will be sufficient to cover their day-to-day expenses. The expert, in particular, will evaluate social security benefits, pension, and personal savings, and guide them towards viable options for complementing their main income, such as annuities. Goldstone will explain the differences between a fixed, variable, and indexed annuity plan and help them choose the most suitable contract based on their financial situation and retirement lifestyle goals.
The team can also guide clients towards other income options, including investments in stocks and bonds, investments in real estate properties, employer-sponsored retirement plans, and other low-risk assets.
“We understand retirement income planning is a complex process that requires expertise and knowledge of various financial products and strategies,” a Goldstone representative says. “Goldstone Financial Group can help you develop a plan that maximizes your income sources, minimizes taxes, and provides for your essential expenses.”
Additional details can be found at https://goldstonefinancialgroup.com/contact-us/
Goldstone Financial Group
18W140 Butterfield Road
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Florida Times Daily journalist was involved in the writing and production of this article.