The 0.81 Second Lesson

Olympic Sprints, Retirement Strategy, and the Oceanview Difference

In the 2024 Olympics, Noah Lyles won gold in the Men’s 100m sprint with a time of 9.79 seconds. A century earlier, at the 1924 Games, Harold Abrahams won the same event in 10.6 seconds.

The difference? A mere 0.81 seconds.

This slim margin is surprising considering the past 100 years have seen:

• Groundbreaking advancements in training methods and sports psychology
• Revolutionary equipment design
• Leaps in medical care and injury prevention
• Vastly improved running surfaces and conditions
• Enormous financial investments in athletic development

Yet, despite all these innovations, the fundamental act of sprinting 100 meters has only marginally changed.

This phenomenon offers a valuable lesson that extends beyond the track – one that’s particularly relevant to retirement savings.

In personal finance, we’re often distracted by:

• Trending investment strategies
• New financial products
• Complex market analyses
• Enticing get-rich-quick schemes

These can divert our attention from what truly matters: the core principles of sound financial planning.

Just as in sprinting, the basics often make the biggest difference in retirement savings:

While new financial tools and strategies can be useful, they’re most effective when built upon these fundamental principles.

This is where Fixed Indexed Annuities (FIAs) and Oceanview Life and Annuity Company enter the picture. FIAs combine the stability of fixed annuities with the growth potential linked to market indices, offering a balance of security and opportunity.

Oceanview takes this concept further by focusing on the fundamentals that truly matter:

• Financial Strength: With an “A” (Excellent) rating from A.M. Best, Oceanview provides the stability and reliability you need for long-term retirement savings.
• Simplicity: Like the straightforward goal of a sprint, Oceanview’s annuities are designed with clarity, free from complex terms or hidden clauses.
• Competitive Rates: Just as athletes strive for peak performance, Oceanview offers some of the industry’s most competitive rates to maximize your retirement savings growth potential.
• Professional Guidance: Oceanview values expert advice, encouraging partnerships with financial professionals to help you make informed decisions.

The Oceanview Difference lies in its commitment to these fundamentals. By focusing on financial strength, simplicity, competitive rates, and professional guidance, Oceanview provides a solid foundation for your retirement savings strategy.

So, when you feel overwhelmed by the latest financial trends or worry you’re missing out on the next big thing, remember the 0.81 second lesson from the Olympics and the Oceanview approach. Focus on mastering the basics with a trusted partner like Oceanview, and you’ll be well on your way to winning your own financial gold medal.

Experience the peace of mind that comes with a secure financial future. Join the thousands who trust Oceanview for their retirement savings and make the Oceanview Difference work for you.

Disclaimers

Guarantees are based on the financial strength of the issuing carrier. The Single Premium Fixed Indexed Annuity Contract [ICC19 OLA FIA], or variations of such are issued by Oceanview Life and Annuity Company (d/b/a Oceanview Life and Annuity Insurancey Company in California). May not be available in all states. Not available in the state of New York or Vermont.  Product features, limitations and availability may vary. 

HARBOURVIEW ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY THE FDIC OR NCUA/NCUSIF OR ANY OTHER FEDERAL GOVERNMENTAL AGENCY. MAY LOSE VALUE. NO BANK/CREDIT UNION GUARANTEE. NOT A DEPOSIT. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT. GUARANTEES ARE SUBJECT TO THE CLAIM PAYING ABILITY OF THE ISSUING INSURANCE COMPANY.

Annuities issued by Oceanview Life and Annuity Company, 1331 17th Street, Suite 1050, Denver, CO 80202. In California, doing business as Oceanview Life and Annuity Insurance Company www.oceanviewlife.com.

Annuities are generally designed as long-term retirement solutions and have certain limitations. They are generally not intended to replace emergency funds, serve as income for day-to-day expenses, or support short-term savings goals.  Please review the contract for full details.  

A.M. Best Rating as of December 11, 2024, is subject to change. A (Excellent) rating is third highest of fifteen possible rating classes for financial strength. The outlook assigned to these Credit Ratings is stable.

This material is a general description intended for general public, educational use. Oceanview Life and Annuity Company is not providing investment advice for any individual or in any individual situation, and therefore nothing in this correspondence should be read as such. 

Neither Oceanview Life and Annuity Company nor any of its representatives may provide tax or legal advice.

Withdrawals in excess of any Free Partial Withdrawal amounts are subject to a Surrender Charge and Market Value Adjustment (MVA). The MVA may have the effect of increasing or decreasing the Surrender Value of the withdrawal depending on the market interest rate changes.

Contracts purchased in an IRA or other tax-qualified plan provide no additional tax-deferral benefit, since they are already afforded tax-deferred status. All annuity features, risks, limitations, and costs should be considered prior to purchasing an annuity within a tax-qualified retirement plan. For non-qualified annuities, tax deferral is not available to corporations and certain other entities.

Rates, renewal caps, and declared interest rates, will always follow contract provisions relative to minimums and maximums stated.  Oceanview determines, at its discretion, the rates, renewal caps and, declared interest rates above the contractual minimums that are guaranteed. Funds allocated to an index do not directly participate or invest in the stock market or any index.