Older Americans Month: Planning for Retirement With Confidence Using Fixed Indexed Annuities
May 22, 2025
Many factors contribute to a fulfilling life, but few can match the richness gained from experience. Each May, during Older Americans Month, we celebrate the wisdom, resilience, and invaluable contributions of those aged 60 and above. It's an ideal time not only to honor their impact but also to reflect on your personal path toward financial stability and security.
As you look ahead to your retirement years, it’s important to consider strategies that offer both security and growth. A fixed index annuity (FIA) is one such option that provides a balance of stability, growth potential, and long-term protection. With the right investment strategy and proactive planning, you can step into the next chapter of life with confidence, prepared for both meaningful opportunities and lasting financial peace of mind.
Why Retirement Planning Looks Different Today
Retirement today looks quite different from a generation ago. People are living longer and leading more active lives well into their 70s and beyond, with more people reaching the century mark than ever before. As a result, retirement is no longer a short phase of life — it can last 20 to 30 years or more. That means your savings must stretch further, and your planning must be more precise.
At the same time, today’s retirees face added challenges: economic uncertainty, market volatility, and the rising cost of healthcare. These factors make guaranteed income more valuable than ever. Having a steady and reliable financial foundation can help you focus on enjoying your retirement instead of worrying about it.
What Is a Fixed Indexed Annuity?
A fixed indexed annuity is one of several retirement account options designed to offer both growth potential and principal protection. Unlike direct investments in the stock market, an FIA ties its earnings to a market index such as the S&P 500 — but without exposing your funds to direct market losses.
Key features of FIAs include:
- Guaranteed minimum interest
- Tax-deferred growth
- Optional lifetime income riders
- Protection against market downturns
A fixed indexed annuity is an appealing solution for pre-retirees seeking a balanced mix of security and opportunity, especially in an uncertain economic climate.
The Advantages of FIAs for Pre-Retirees
If you're preparing for retirement, a fixed indexed annuity can be a powerful part of your overall strategy. Here are just a few of the benefits:
- Preserve your savings: An FIA helps protect the wealth you've worked hard to accumulate while still allowing it to grow.
- Predictable income: Create a steady income stream during retirement to help cover daily living expenses without fear of market downturns.
- Peace of mind: With no exposure to direct market risk, you can rest easier knowing your nest egg is secure.
- Customization: Many FIAs offer flexible features, such as income riders and death benefits, to support legacy planning and long-term goals.
How 1891 Financial Life Supports Your Retirement Journey
At 1891 Financial Life, we understand that retirement planning isn’t just about the numbers — it’s about your goals, your values, and your peace of mind. As a fraternal benefit society, we offer annuity products designed to provide financial protection while also making a positive impact on the community.
Our fixed indexed annuities are backed by over a century of financial stability and service. When you work with us, you get more than a product — you get a partner. Our team takes the time to understand your unique needs and helps you create a retirement plan that reflects what matters most to you.
At 1891 Financial Life, we specialize in providing tailored insurance solutions that cater to diverse needs, including the benefits of a fixed indexed annuity for pre-retirees. Our team is equipped to help you navigate the challenges you’re facing in uncertain times. Contact us today for personalized assistance and to explore your options.
About 1891 Financial Life
Our culture is about looking out — for you, for others, for family, for the community. That is how we go “Beyond Life Insurance.”
At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs. In 2023, 1891 Financial Life was listed by Forbes as one of "The World's Best Life Insurance Companies."
Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.