Retirement planning is one of our specialties at Cloran Financial Planning. We offer a wide range of retirement products that are only available through life insurance companies. These products guarantee you a minimum life annuity while protecting your legacy value for your loved ones.
Guaranteed life withdrawal benefits (GLWB)
In exchange for a single lump sum investment, an insurer makes guaranteed regular income payments to an investor that contain both interest and a return of principal. Annuity payments can continue for the lifetime(s) of one or two people, or for a chosen period of time.