If you have concerns about your retirement plan, you are definitely not alone. When it comes down to it, an overwhelming majority of Americans are nervous about retirement, concerned about not having lifetime income, and concerned about the risk of a financial surprise. So, if any of that sounds familiar, just know that you are in good company. However, it doesn’t mean that you should accept being in this all too common position.

Even though many people feel this predicament, not everyone knows the best techniques to deal with the process. After all, with interest rates so low, traditional safe money instruments simply do not provide the kind of growth that can truly help a retirement account. If you don’t believe that, simply check your local bank for some current CD, bond, and money market rates.

On the other side of the equation, getting too aggressive with your retirement financial strategy, such as over-investing in the stock market, can cause even bigger problems. Sure, the ability for growth is there, but your financial future will also be in the hands of a roller coaster. And, what happens when that roller coaster hits the bottom at the worst possible time? You have worked far too hard in your life to have to deal with this fate.

At the end of the day, there is a financial vehicle that has solved the retirement puzzle for many Americans. An annuity can provide the kind of guaranteed income that just about everyone could use, while also allowing for principal protected growth. The right annuity can really bring the best of all worlds to your family when you need it most. And, if that sounds like the kind of plan you can get behind, the Silac Denali Series of Fixed Index Annuities may be a great option to consider.

The Silac Denali is a fixed indexed annuity, and provides a number of options to customize things to your set of needs. It starts by offering different durations - 7, 10, and 14-year options, where the longer you invest, the higher your available interest becomes. Additionally, you get to choose multiple interest crediting strategies, including fixed and indexed options. With fixed rates set at over 3%, you will get around three-times more growth than your standard CD or savings account plan. And, with high participation rates available in strong index crediting options such as the  Barclays Atlas 5 and benchmark S&P 500 Index, there is plenty of opportunity to grow your money  by participating in market gains in the good years while shielding your nestegg from any market losses in the downyears.  This is accomplished by the 0% guaranteed floor and principal protection offered by the Silac Denali Fixed Index Annuity as well as many other fixed index annuities.

That peace of mind that your principal is protected from market losses is what makes a fixed index annuity so attractive. Knowing that during times of economic downturn, you are protected from any losses to your assets is a real game changer. In addition, when things are going well, you get to benefit from the positive upside growth, and lock-in your credited gains at at each contract anniversary date which is annually in the Denali Fixed Index Annuity from Silac.

One of the best features of the Silac Denali Fixed Index Annuity is that you have the ability to build a personal pension using the lifetime income feature built-in at no additional cost. After the first year, you can begin taking lifetime income withdrawals, setting you up with a replacement for those regular work paychecks. Even if your account value reaches zero, rest assured that the Silac Denali Fixed Index Annuity will continue paying your lifetime income stream for as long as you live. Additionally, this annuity provides a Wellness Withdrawal option, where those who can’t perform two of six Activities of Daily Living and need long-term care assistance, can actually receive an enhanced payout for those long-term care needs which doubles the original amount of lifetime income for up to five years . That is a fantastic ace up your sleeve for any potential long-term care necessities.

Despite bringing a ton of valuable tools to the table, nothing is perfect. The Equitable Denali Fixed Index Annuity has strong growth potential, but there are higher participation rates available if you look for them in the fixed index annuity industry. Additionally, there are other annuities that provide stronger death benefits, for those who place a premium on legacy planning.  It all comes down to your goals and the intended purpose of the annuity in your overall plan.  If safe accumulation and lifetime income is what you're looking for, the Denali Series Fixed Index Annuity from Silac Life Insurance Company is definitely one to compare and consider.