The definition of safe money is money you cannot afford to lose.
A safe money place as one where your principal is protected from loss as long as you follow the initial guidelines, and if you do decide to take your money and leave, you know pretty much what leaving early will cost. The opposite is a risk money place where if you decide to take your money you don't know what you will get back. It could be more than you put in - risk money places offer the potential for much higher returns than safe money places - but it could also be less than you started with or even zero. If you would like to find our more about Safe Money Places, please visit our Learning Center for educational material or visit our educational website safemoneyplaces.com for more information regarding all Safe Money Places such as Certificates of Deposit and Savings Bonds. |
watch our Fixed Index Annuities 101 video > |
Fixed annuities are a great way to supplement lost income during retirement. Fixed annuities provide guaranteed streams of income you cannot outlive.
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The best type of life insurance is the type that is enforced when you pass away. These policies are a great way to financially protect your family and transfer wealth to beneficiaries in a tax efficient manner.
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With longer life expectancies, more seniors are needing some form of long term care during their retirement. Long term care helps to cover health care that is not covered by Medicare or Medicare Supplements.
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