When you’re in your 40s and 50s and juggling immediate financial responsibilities — monthly bills, student loans, saving for your child’s college tuition — it can be easy to let long-term goals like securing your retirement take a backseat. But delaying retirement planning can leave you playing catch-up later. The good news? Even small steps now can lead to big rewards down the line. Here are some tips that can help you balance today’s responsibilities with tomorrow’s dreams. 

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How to Survive a Stock Market Downturn

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Taken a look at your 401k or investment portfolio lately? Market volatility, inflation and an evolving interest rate environment could send many consumers to their financial professionals to reevaluate their retirement strategies. Those seeking greater security may be interested in learning about fixed indexed annuities (FIAs), which have a unique combination of features that can be beneficial to investors. Through these unique products investors can enjoy gains without stock market risk.

While they’ve been around for decades, fixed indexed annuities (FIAs) saw record-breaking sales of $125.5 billion in 2024, 31% higher than 2023. What makes FIAs popular now? And, more importantly, how do you know if a FIA is right for you? 

FIAs have several features that may be helpful depending on your circumstances, needs and comfort with risk. Here are a few hypothetical situations where people chose a FIA and why the choice worked for them.