Are you out of proportion?

Last year was a good one for the "stock market". The major stock indexes all had double digit gains. Of course there were some stocks that did much better- Google "2020 best stocks" and prepare to be shocked- it sure would have been nice (at least financially) to have had a crystal ball a year ago.

If you have stocks as part of your retirement savings you likely are enjoying gains in value. The longer you have owned these stocks the larger the likely gain. Is it time to lock in some of those gains?

Without that crystal ball that we mentioned earlier, we don't know what the future will hold. Consider if you want more of your retirement savings in accounts where there are guarantees.

These guarantees come in different types and often are offered in an "ala carte" manner. Some types of guarantees include- that your principal will never decrease, that any interest paid is also protected, that you can receive an income for your lifetime, that your beneficiaries are assured a minimum amount and that you have access to your money each year.

Stocks are an important part of many people's retirement plans. A little balance with some guaranteed accounts can be very helpful over time. Let us know if we can show you more about how these accounts are structured and what you can expect.