Retirement Income

Safety First

Safety of Retirement Income is Possible

Sonoma Financial’s main priority when helping you craft your retirement strategy is keeping your retirement income safe.

In fact, we only focus on retirement options that will keep your money safe from losses. Protection of principal is possible, and our firm can prove that to you.


Our 3 core values are:

  • Safety first
  • Expect a reasonable rate of return
  • Keep your strategy simple

Why Keeping Your Retirement Income Safe Matters

Earlier, during your working years, you probably had a higher risk tolerance. When you’re decades away from retirement, your finances have time to recover from the loss caused by something such as a stock market drop. In contrast, retirees and pre-retirees no longer have the luxury of time. If a stock market crash occurs, such as the ones in 2008 and 2020, your ability to retire may be affected. Or, worse yet, if you’re already in retirement when the crash happens, you may end up without a way to pay your bills. This is why finding a way to keep your retirement income safe is so important. You should be confident in your retirement strategy, and have peace of mind from the knowledge that your money is safe, regardless of market conditions.

senior couple on couch talking retirement income

Strategies to Keep Your Retirement Income Safe

Many people, when building wealth, invest in the stock market. The idea is, that if you keep your money in the market for the long haul, it will eventually grow. For the most part, this is correct. However, when you’re retired, your needs change. You aren’t making money via employment anymore. Your retirement lifestyle needs to be funded by your savings.


If you’re counting on a certain amount of income in retirement, you’ll need to take steps to ensure your principal is protected. Sonoma Financial can help you protect your retirement income, using products like fixed indexed annuities (FIAs) and various life insurance products. These options can protect your wealth, while potentially providing other benefits.


A Way to Keep Your Retirement Income Safe?

So, all things considered, a fixed indexed annuity (FIA) may be an ideal solution to keeping your retirement money protected. Firstly, FIAs offer guaranteed* income. This is because the issuing insurance company is required to set aside a reserve to protect the contract owner’s money. Another benefit offered by FIAs is tax deferral. Unlike other savings options like a CD or mutual fund, you don’t have to pay taxes on the money that your FIA accumulates. You don’t have to pay taxes until you withdraw the money. It grows tax-deferred. Our team can meet with you to explain the specifics of how FIAs work. Could one be the right option for you? It depends on your individual situation. Reach out to us to learn more.

holding senior hand retirement income

Avoiding Loss

Bottom line? Keeping your retirement income safe comes down to preventing losses. Our clients all have different financial situations, but they all typically have some things in common. Firstly, they don’t want to risk losing the money they’ve worked hard for. Second, they’re looking for a reasonable rate of return.** And third, they generally want a retirement strategy that’s simple, so they can understand it and be confident in it. If these three values appeal to you, reach out to us. Our team is here to answer your questions, and help lead you towards a safe and fulfilling retirement.

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