Putting Your Interests First: Vanguard Annuity

Vanguard annuity is established on 1st of May 1975. They have 11 worldwide offices with locations in South Korea, Pennsylvania, two in Australia, Belgium, Singapore, Netherlands, Arizona, Japan, North Carolina, and France. So whether you are in Asia, Europe, Australia or North America, you can be sure that Vanguard will be able to help you reach your financial goals.

They say that one of the most excellent retirement plans is having a Vanguard annuity. There are three kinds: the Vanguard Lifetime Income Program (VLIP), Vanguard Variable Annuity (VVA), and the Vanguard Fixed Annuity-Single 5 Program.

A Single 5 Program offers a tax deferred interest rate which is guaranteed for 5 years. After which, you can either withdraw up to 10% of your policy's accumulation value per year without a surrender fee or you can renew your policy for a new tax-deferred Vanguard annuity.

VLIP is a type of income annuity which is designed for you to outlive your savings and make your retirement assets last as long as you are able to enjoy it. The VVA has almost the same type of portfolios as the VLIP except for one portfolio: the Ttl Stock Market Idx which employs a passive management intended to track the performance of the Standard & Poor's (S&P) Total Market Index.

The difference of VLIP with Vanguard variable and fixed annuities is that it can offer both fixed and variable payments. Nonetheless, a Vanguard annuity will always offer the affordable and high quality service philosophy that they have employed—for more than 25 years now.

These are the types of VLIP and VVA you can choose from. Take note the keywords or main financial philosophy that goes with the type of portfolio:

Balanced Portfolio- assets are distributed between bonds and common stocks (example: 60-70% stocks or 30-40% bonds, whichever is agreed upon).
Capital Growth- invests on stocks with skilled management teams, solid industry positions, and above average prospects.
Diversified Value- concentrates in common stocks of undervalued mid- and large-capitalization businesses.
Equity Income- focuses on dividend-paying common stocks of established medium-size and large U.S. companies
Equity Index- retains all the 500 stocks that make up the unmanaged Standard & Poor's® 500 Composite Stock Price Index
Growth- Handles stocks of US companies with large capitals, above average earnings, huge growth potential and reasonable stock prices as compared to its expected earnings.
High Yield Bond- invests in high-yield corporate bonds with higher interest rates because of the greater risks.
International- invests in stocks of respected and seasoned companies based outside the United States.
Mid-Cap Index- employs index-investment approach on diversified index of stocks of medium-size US companies.
Money Market- concentrates on short-term but high quality money market instruments from various financial sources
REIT Index Portfolio- goes after shares in real estate investment trusts
Short-Term Invest-Gr- chooses short-term bonds, including high-quality corporate and US Treasury securities.
Small Company Growth- gives attention to a diversified group of small-company stocks which appear to yield favorable prospects for growth and price appreciation.
Total Bond Markt Idx- applies an indexing strategy to track the performance of the Lehman Brothers US Aggregate Bond Index.