Bobby M. Collins, Annuity Education
Bobby M. Collins is an annuity education expert, with over 30 years of experience helping retirees increase income and reduce tax burdens in Dallas/Fort Worth and North Texas areas.
How Bobby M. Collins Can Help You and Your Retirement
Starting in 2002, Bobby helps to find the best annuity for the right person through individual meetings–often traveling over three hundred miles a day to personally meet with you in North Texas.
Meet.
Educate.
Comprehensive retirement planning include three major types of annuities:
- Fixed
- Immediate
- Fixed Indexed
Help.
Bobby assists retirees and those preparing for retirement in learning strategies to increase their income and reduce tax burdens.
Bobby M. Collins: Annuity Education Specialist in Dallas/Fort Worth, North Texas
Solidifying retirement, especially here in the Dallas/Fort Worth Metroplex and North Texas, requires careful consideration. One option is annuities.
What Are the Different Type of Annuities?
What is an annuity? It’s a contract with an insurance company where you make payments, either as a lump sum or in regular intervals, and in return, they promise you regular income in the future. For a comprehensive understanding of all your options, reach out to Bobby M. Collins.
Why Consider Annuities for Retirement?
Investing in the stock market can result in high gains as well as risking losing a significant portion of your savings due to surges and dips. Bank CD interest rates are low and when inflation is on the rise, income can be lost.
Annuities help shield against these kinds of excessive losses by offering a guaranteed income.
An annuity offers many excellent benefits. It can be a great way to balance long-term financial goals with risk you’re willing to take. It can also provide a steady income, which is especially important for retirees here in the Dallas/Fort Worth and North Texas areas.
Why Consider Annuities in Dallas/Fort Worth and North Texas
Financial Security
A major factor in picking the right place to retire is financial stability (per WalletHub). Also, less than one-third of respondents said they felt “very confident” they had enough money to remain financially comfortable in retirement (conducted by the Employee Benefit Research Institute’s 2021 Retirement Confidence Survey).
How Does Texas Rank for Retirees?
Despite the warm weather, great food, and friendly people, DFW/North Texas cities rank poorly for retirement according to WalletHub. The personal finance site found that Arlington is ranked 10th-worst in the country for retirees, Garland is 19th-worst, Fort Worth is ranked at a lowly 100, Dallas slightly behind at 106, and Grand Prairie at 142. These rankings suggest that, despite their attractive qualities, these cities may face challenges in affordability, healthcare access, and overall quality of life for retirees.
What Does This Mean for Retirees in North Texas?
Seniors are drawn to locations where their money stretches the furthest (among other things). Since the Dallas Metroplex and North Texas aren’t considered ideal for retirees based on financial indicators, effective money management becomes increasingly important for those retiring or nearing retirement. In this region, finding the right financial vehicle, whether it’s annuities or another option, is crucial to ensuring financial stability and maximizing retirement funds. It’s essential to explore all options to make informed decisions that align with individual financial goals and needs. (That’s where I come in: reach out with any questions or pick up the phone.)
