Cost of Cash
Will inflation erode your purchasing power? Symetra's fixed indexed deferred annuities may be able to help.
From December 2008 until March 2014, the overall Consumer Price Index (CPI) has
increased by 13.2%. For a person on a fixed income who retired in 2008, their
income buys only 87% of what they bought when they retired.
(Source: "Inflation Rate Low? It Depends on What You Buy," Mark Dotzour, Chief Economist and Director
of Research at Texas A&M University, June 26, 2014. http://blog.recenter.tamu.edu/2014/06/inflation-rate-low/Li)
Start the conversation! Download our client-facing Cost of Cash resources below.
Inflation, the Quiet Erosion:
"Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. If inflation rises, every dollar will buy a smaller percentage of a good."
When do single digit returns look great?
If your portfolio is currently over-weighted in cash for your retirement savings needs, there may be a cost to waiting to get back into an asset or product with greater return potential than cash is offering.
Cash allocation worksheet
Use this worksheet when you meet with your advisor to help determine if you are holding an appropriate amount of cash or cash equivalents for your current and long-term savings needs.
|For advisors interested in hosting a client seminar:
Our campaign offers a consumer facing video that can be forwarded as a link, or we can provide you with an email invitation and presentation to help you tell the Cost of Cash story to a broader audience. For more information, please contact our Retirement Sales Desk at 1-800-706-0700,firstname.lastname@example.org, or complete this request form.
Not a bank or credit union deposit or obligation
Not insured by any federal government agency
Not FDIC or NCUA/NCUSIF insured
Not guaranteed by any bank or credit union
May lose value
Symetra Life Insurance Company and First Symetra National Life Insurance Company of New York (collectively, "Symetra") are subsidiaries of Symetra Financial Corporation. Each company is responsible for its own financial obligations.
Annuities are issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Products are not available in all U.S. states or any U.S. territory.
In New York, annuities are issued by First Symetra National Life Insurance Company of New York, New York, NY. Mailing address is P.O. Box 34690, Seattle, WA 98124.
This material is not intended to provide investment, tax or legal advice.