A recent survey by the Employee Benefit Research Institute (EBRI), found that nearly 4 in 10 Americans fear retirement could be forever out of reach. Unfortunately, that number is up nearly 10 percent from just a year ago. At Finseca, our mission is right there in our name, Financial Security for All. It's never too late to take control of your future to ensure long-term financial security.

For example, here are three simple tools you can leverage to get started:

• Talk to a Professional. Navigating the complexities of the economy and markets, as well as life, can be overwhelming. Someone should be in your corner. It is highly recommended that you seek professional guidance from a holistic financial security professional (FSP) when developing your financial plan. An FSP can assess your specific circumstances, help you understand the available options, and tailor a holistic strategy that aligns with your unique needs.
• Develop a Holistic Financial Security Plan. More than a year ago, Ernst and Young published a study that exhaustively analyzed how life insurance, especially permanent policies, investments, and deferred income annuities out-perform investment-only or investment-plus-other-products approaches, in every combination. Individuals and/or families who have life insurance, investments, and guaranteed streams of lifetime income through things like annuities are in a significantly better position to absorb the challenges that life throws their way.
• Regularly Reassess Your Financial Position and Goals. Life is great at throwing us curve balls. Regular assessments and reassessments of your financial position should be on your monthly and/or quarterly to-do list. Be sure to check for opportunities for growth as well as where you may be over-exposed to serious risk. Your FSP can help lead this exercise.

Peace of mind is a result of proper planning. Financial security is at your fingertips, but it starts by taking action today. Contact Annuity Alliance to get connected to a financial professional to learn about how annuities may help your retirement strategy by providing guaranteed lifetime income, protect from risk, and accumulation options.

Annuity Alliance is not affiliated with the Finseca. This article is for informational and educational purposes only. It should not be used to make a buying decision. If you would like to speak with a financial professional, please use Annuity Alliance’s contact form.