Wealth2k CEO David Macchia to Address NAFA'S Focus on the Future Conference on September 26, 2006.
National Association for Fixed Annuities Producer Expo and Forum.
HINGHAM, Mass.--(BUSINESS WIRE)--June 19, 2006--.
Future retirement income solutions which incorporate both fixed annuities and investment products will be the subject of David Macchia's address at "Focus on the Future," the National Association for Fixed Annuities' 3rd annual Producer Expo and Forum to be held at Harrah's Las Vegas, September 25-27, 2006..
While experts debate the potential severity of our nation's retirement income challenge, there are good reasons to be optimistic that most Americans will manage to achieve a degree of retirement security. "One of the most powerful reasons for optimism is the indefatigable spirit of American ingenuity which is even now driving the development of innovative retirement solutions," argues Macchia, President & CEO of Wealth2k, Inc. .
"Due to their inherent and critically important guarantees, many of these new income solutions will synergistically combine fixed annuities with various types of investment products. Laddering structures are being developed which will offer retirees greater predictability and safety without sacrificing long-term, inflation-adjusted income potential," he explains. .
During his address, Macchia will demonstrate Wealth2k's The Income for Life Model™, a proprietary retirement income solution which utilizes the benefits of annuities in a time-weighted asset allocation strategy. Says Macchia, "We show that annuity contract guarantees provide critically important psychological comfort to investors. This peace-of-mind allows them to ride out normal market downturns. When you know that the income you are receiving is guaranteed, it makes it much easier to keep invested assets in place for the long term. To help investors realize the potential returns the markets can deliver, I believe that there is no better approach than using fixed annuities in a laddered strategy".
