Structured Settlement Talk:  Retiring Attorneys,

Structured Settlement Talk: Retiring Attorneys, “Now What?”

You’ve spent a career laser focused on advocating for your clients.  You’ve tried cases.  You’ve negotiated settlements.  But now you’re thinking it may be time to “hang up the laces,” hand the reigns over to someone else and head for the barn.

Mixed metaphors aside, are you ready for this transition?

Risk is inherent in the life of any successful plaintiff attorney.  It’s what you’ve lived for.  And let’s face it.  If it was easy, anyone could do it.  Many don’t have the stomach for the uncertainty.   The competition.  You do.

Ironically, it is precisely this comfort with risk taking that leaves many plaintiff attorneys in a precarious position when they decide to retire.

Structured Settlement Money TreePersonal retirement savings accounts invested in funds promising growth potential may have been wise right out of law school.  But when retirement beckons, future happiness requires a philosophical shift in risk tolerance.  Your willingness to take risk, so attractive during your years as a practicing attorney, can obliterate your life savings if a shift away from risk is not considered.

The solution, according to an abundance of recent research, may be just an annuity away.

What is an Annuity?

Perhaps you’ve structured your attorney fees throughout your career.  If so, congratulations!  You understand the value of fixed annuities and have a jump start on the concept.  You’re a few steps ahead of the game.

But if you’re among the 70% of Americans who have no idea what an annuity is, you owe it to your future to watch the short videoWhat is an Annuity? from the Insurance Information Institute.

Fixed annuities can offer plaintiff attorneys the security they could never count on when complete strangers were deciding their client’s fate.

So, go ahead.  Direct your own verdict!  Look into getting yourself a fixed annuity.

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