Lorem ipsum dolor sit amet, elit. Cras.
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias,numquam enim ab voluptate id quam harum.
Name
Discover Peace of Mind With
Life Insurance & Annuities
Whether you’re planning for retirement, building generational wealth, or safeguarding your loved ones against the unexpected, our life insurance and annuity solutions offer financial security you deserve.
Our Products At A Glance
Morbi quis erat nec diam vestibulum laoreet. Aliquam suscipit, lectus
Universal Life Insurance
Morbi porta vene
Flexible policies that adapt to your changing needs.
Fixed Annuities
Lorem porta vene
Stable, predictable income with guaranteed returns
Indexed Annuities
Morbi venu lane
Nulla facilisi. In hac habita , consectetur adipiscing elit. Etiam purus magna, consequat quis ex nec etiam purus magna, consequat quis ex nec magna, consequat qui.
What You Need To Know
About Insurance Products We Recommend
The Basics Of
Long-Term Care Insurance
Long-term care insurance helps cover the costs of extended care services, such as nursing home care or in-home care, not typically covered by regular health insurance.
Long-term care insurance helps protect your assets and ensures you have coverage for care if you need assistance with daily activities due to age, illness, or disability. It provides peace of mind by covering potentially high costs of long-term care.
It's best to purchase long-term care insurance in your 50s or early 60s, when you are still healthy and premiums are more affordable.
Schedule a consultation to have us assess your current situation, help identify your long-term care needs, and recommend a customized long-term care insurance plan that fits your goals. We’ll guide you through every step of the process, ensuring you make informed decisions for your future.
When considering long-term care insurance, avoid policies with unclear terms, excessive exclusions, or low coverage limits. Steer clear of plans with escalating premiums that could become unaffordable later in life. Be cautious of policies that don’t offer inflation protection, as rising care costs could outpace your coverage. Also, avoid waiting too long to purchase, as waiting until you are older or have health issues can result in higher premiums or denied coverage.
The cost of long-term care insurance depends on age, health, coverage level, and policy type. Younger, healthier applicants pay less, while waiting increases costs. Factors like benefit amounts, coverage length, inflation protection, and gender also affect pricing. Insurer guidelines and market conditions play a role as well.
Underwriting Process
Takes Approximately 2-4 Weeks
Stage 1
General Health & Wellbeing Evaluation
If a long-term care policy is right for you, you will begin by filling out a quick questionnaire about your general health and wellbeing focusing mainly on any health events or diagnoses you may have received in the last 7-10 years.
Stage 2
Cognitive Wellbeing Phone Interview*
Depending on the carrier you may be required to complete a phone interview testing your cognitive abilities (some of these interviews will also check things such as your balance). This is not a paramedical exam where they take your blood pressure, blood draw, etc.
*Stage may be skipped depending on carrier
Stage 3
Carrier Review & Rating
In stage 3 the carrier will review your information and give you a rating based on their findings. This rating will help determine your benefits and cost of insurance.
Stage 4
Application & Premium Submission
In stage 4 an application will be submitted to the insurance company. Once this is processed by the carrier your first premium will be paid.
The Basics Of
Indexed Universal Life Insurance
Indexed universal life insurance (IUL) is a type of permanent life insurance that combines a death benefit with a cash value component that grows (generally tax-free) based on a stock market index, such as the S&P 500, offering potential for higher returns while protecting against market losses.
Indexed universal life insurance (IUL) provides a number of benefits to help you secure your future in retirement. These include a death benefit, chronic and terminal illness benefits, principle protected growth, and tax-free growth and distribution.
Indexed universal life insurance (IUL) is typically best suited for individuals in their 30s to 60s who want permanent life insurance with flexible premiums and the potential for cash value growth, especially those looking for a balance between life insurance protection and investment opportunities.
To get an Indexed universal life insurance (IUL) policy, click the button below to schedule a complimentary consultation for us to assess your needs and financial goals as it relates to life insurance. We’ll help you choose a policy with the right level of coverage, investment strategy, and flexible options tailored to your unique situation. We will then guide you through the application process and provide ongoing support as your policy grows.
When considering indexed universal life insurance (IUL), avoid policies with overly complex terms, such as high fees or unclear illustrations of cash value growth. Avoid policies that don’t offer sufficient flexibility in premium payments, as your financial needs may change over time. It’s also important to avoid focusing solely on the investment potential without considering the life insurance component, as the balance between death benefit and cash value growth is crucial for a well-rounded policy.
The cost of universal life insurance depends on factors like age, health, coverage amount, and policy features. Premiums are generally lower for younger, healthier individuals and increase with age or medical risks. The flexibility of universal life allows policyholders to adjust premiums and benefits, but maintaining sufficient cash value is crucial to keep the policy active. Additional features like no-lapse guarantees or riders for long-term care can also impact overall costs. Market conditions and the insurer’s pricing structure play a role as well.
Underwriting Process
Takes Approximately 3-6 Weeks
Stage 1
Submit Application
If indexed universal life insurance is right for you we will work with you to fill out an application to submit to the carrier containing information on you as the owner/insured, the amount you would like to be insured for, the funding source for this policy, etc.
Stage 2
Healt Evaluation & Exam
Next you will go through an extensive online medical questionnaire as well as a paramedical exam where they will send a licensed health professional (they will cover the cost of this) to you to check your blood pressure, take a blood draw, etc.
Stage 3
Carrier Review & Rating
Once completed the carrier's underwriters will review your application and give you a rating that will determine your benefits and cost of insurance.
Stage 4
Final Review & Premium Payment
Lastly we will review your final illustration with you and have you sign it. Upon receiving your signed documents the carrier will then bill you for your first premium.
The Basics Of
Fixed Indexed Annuities
A fixed indexed annuity (FIA) is a type of insurance contract that offers a guaranteed minimum return along with the potential for additional earnings based on the performance of a stock market index, such as the S&P 500, while protecting your principal from market losses.
Fixed indexed annuity (FIA) offers the opportunity to grow your retirement savings linked to a market index, while protecting your principal from market downturns. It can provide predictable life-long income to supplement your Social Security in retirement with the ability for the income to increase over time.
Fixed indexed annuities are typically best for individuals nearing retirement (usually in their 50s or 60s) who want a stable, low-risk investment with the potential for growth and guaranteed income in retirement. They are ideal for those looking for safety, growth, and predictable income.
To get a fixed indexed annuity, schedule a consultation with one of our specialists who will evaluate your retirement goals and financial situation. We’ll help you choose the right FIA with the appropriate index options, interest credits, and income riders that align with your needs. Our team will guide you through the process and ensure the annuity complements your overall retirement strategy.
When considering annuities, avoid policies with high fees or hidden charges that can eat into your returns. Avoid products with overly restrictive withdrawal options, as they can limit your access to your money when you need it most. Also, steer clear of annuities that don't offer inflation protection or fail to align with your long-term financial goals, as they may not keep pace with rising costs or evolving needs.
The cost of fixed indexed annuities depends on factors like the insurance company, contract terms, optional riders, and withdrawal provisions. While they typically do not have upfront fees, costs can arise through rider charges for benefits like income guarantees or long-term care features. Surrender charges may apply if withdrawals exceed the free withdrawal amount within a certain period. Additionally, the annuity's interest earnings are influenced by index performance, with caps, participation rates, and spreads affecting potential returns.
Underwriting Process
Takes Approximately 2-4 Weeks
Stage 1
Illustration Review
If annuities are right for you we will review the illustration for the recommended annuity and how it fits into your Risk-Based Plan.
Stage 2
Submit Application
We will work with you to fill out an application that provides the carrier with information on you as the proposed owner and annuitant of the policy and funding sources.
Stage 3
Suitability Review
Annuities have a suitability review where the carrier reviews your general financial situation and the annuity that is being applied for to ensure that the product is suitable for your goals. After submitting the application the carrier will complete their suitability review.
Stage 4
Fund Annuity
When suitability is passed the carrier will submit the paperwork for funding your annuity and once funded your annuity will be in place.
Pros & Cons
Compare Each Tool
Long-Term Care Insurance
⭐️ ⭐️ ⭐️ ⭐️ ⭐️
Pros
- Locked In Coverage Solution
- Peace of Mind
- Choice of Care
- Inflation Protection Options
Cons
- Premiums May Be Expensive
- Policies Can Be Complex
- Eligibility Is Not Guaranteed
- Benefits May Be Limited
Indexed Universal Life Insurance
⭐️ ⭐️ ⭐️ ⭐️ ⭐️
Pros
- Growth Potential
- Flexible Premiums
- Downside Protection
- Tax Advantages
Cons
- Policies Can Be Complex
- Costs May Seem High
- Risk Of Over Distributing The Cash Value
Fixed Indexed
Annuities
⭐️ ⭐️ ⭐️ ⭐️ ⭐️
Pros
- Principal Protection
- Growth Potential
- Guaranteed Income
- Tax-Free Options
Cons
- Policies Can Be Complex
- Restrictions On Withdrawals
- Possible Surrender Charges
Guide For
Selecting The Advisor Best For You
Advisor Classification
Step 1
Restricted Advisor
Are limited in what financial products they can promote, sometimes resulting in you being promoted products that don’t fit your overall plan or have much upside potential to what you are trying to accomplish.
Independent Advisor
Are free to use any financial product, giving them a larger selection to find what strategies will work best for you.
Step 2
Insurance Only
This type of advisor only offers insurance products as a way to meet you retirement needs.
Investment Only
This type of advisor only offers investment products as a way to meet your retirement needs.
Planning Only
This type of advisor does not offer insurance or investment products, but rather focuses on helping you create a plan for your retirement.
Hybrid
This type of advisor combines the above options into their business model to better meet your needs.
Step 3
Fee-Based
Advisors who charge a fee for the services they will provide to you. This fee is often charged on an annual or quarterly basis.
Commission-Based
Advisors that are paid solely on a percentage of the financial products sold.
Hybrid
Advisors who take a more holistic approach to your planning with the goal to allow you to have all of your planning done in one place.
Step 4
Insurance Licensed
- Life and health
- Life insurance, annuities and long-term care
- Regulated by each state
Series 6, 7, 63, 65, or 66
- Used for managing and investing assets.
- Regulated by the SEC, each state or both.
- Fiduciary duty
Certified Financial Planner (CFP)
- Available to any advisor by taking a class and passing an exam
- Focus is on more than just investing
- Regulated by a private organization
Personal Financial Specialist (PFS)
- Most stringent credential in the industry.
- Focuses on holistic planning
- Regulated by the Association of Certified Public Accountants (AICPA)
- Must be a CPA to get
Our Responsibility
Your Best Interest Is Our Priority
Our responsibility is to asses your need for insurance products, recommend solutions to reduce risk, and provide education on the benefits these products provide.
CONTACT US
1309 Coffeen Avenue, Suite 3851, Sheridan, WY 82801
Email: support@retirementriskadvisors.com
Toll free: 1 (855) 491-0400
Text us at: 1 (307) 264-2902
CONTACT US
1309 Coffeen Avenue, Suite 3851, Sheridan, WY 82801
Email: support@retirementriskadvisors.com
Toll free: 1 (855) 491-0400
Text us at: 1 (307) 264-2902
RETIREMENT PLANNING
© COPYRIGHT 2024 RETIREMENT RISK ADVISORS. ALL RIGHTS RESERVED.
© COPYRIGHT 2025 RETIREMENT RISK ADVISORS. ALL RIGHTS RESERVED.