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retirement

A Do-It-Yourself Replacement for Indexed Annuities

Consider building a portfolio of CDs and index funds to protect your principal and potentially boost returns.

Indexed annuities and other principal-protected products have experienced strong sales in recent years. Investor fear stemming from the financial crisis of 2007 and 2008, along with persistent low interest rates, might offer an explanation for this. Unfortunately, the return potential offered by these vehicles usually leaves a lot to be desired.

About the Author

Kevin Peacock, CFP®, CAIA®

Managing Member, Astra Capital Management

Kevin Peacock is the managing member of Astra Capital Management, a fee-only investment advisory firm based in New York City. Astra Capital Management utilizes an evidenced-based approach to investment management and financial planning customized for each client's unique wealth objectives. Kevin is a CFP® professional and holds the CAIA® designation. His educational background includes a master's degree in Financial Engineering and an MBA with a finance concentration.

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