Retirement Investment
Your Guide to Retirement Income Investing
To enjoy a comfortable retirement, you must create and follow a retirement investment plan. But there are different types of investments available, which is why you need a financial advisor to help you sort through your options. There are investment options primarily designed to grow your asset base, while other investments generate interest or produce an income. At Artesian Financial, we help you make the most of your retirement income investing decisions.
Personal Investment Management
With the myriad investment options available to you, it’s important to work with a financial professional to choose the right investment vehicles and funds for you. Managed investment accounts give you the flexibility to create an investment strategy that works for your specific financial goals. Our financial advisors can offer portfolio advisory services or we can manage your investment accounts, creating and following an investment strategy that meets your needs. This includes using tax-deferred and Roth accounts to minimize your tax burden now and during retirement.
Investing for Growth
Every investment portfolio should include investments with the potential for growth. Examples of these types of investments are mutual funds and exchange-traded funds. These investment options can build your retirement savings, but they can also generate an income for you. Our financial advisors can help you select the right mutual funds and ETFs for your portfolio, monitor their performance, and protect your assets from inflation and taxes. You won’t need all your retirement savings as soon as you retire, which is why we may invest a portion of your assets for growth.
Investing for Regular Interest Payments
Some investments, including cash and cash equivalents, provide regular interest payments. If you’re investing for retirement, you can keep reinvesting the interest and take advantage of the power of compound interest. Examples of investments that provide interest payments include bonds, CDs, and money market funds. These investments are typically low risk and offer easy access to your money. For example, money market accounts are a superb choice for your emergency savings fund, because you can have access to the money when you need and earn interest when you don’t.
Guaranteed Income Options
During retirement, you need an income you can count on. That’s where annuities come in. When you purchase a deferred income annuity, you can provide yourself with a guaranteed income, much like a paycheck. Annuities can be fixed or variable. Fixed annuities offer the same guaranteed payout every month, while a variable annuity’s payout will fluctuate with the value of the annuity and its underlying index.