Annuities
What is Annuities?
An annuity is a financial product that provides a guaranteed income stream, typically used for retirement planning. It can be structured to pay out for a specific period or for the lifetime of the annuitant.
What Problems Does Annuities Solve?
- Running out of money in retirement
- Exposure to market volatility – Fluctuations in the stock market can lead to significant losses.
- Legacy Planning
Guaranteed Income
Annuities offer guaranteed income for life or a specified period, ensuring you have a reliable source of funds throughout your retirement.
This eliminates the worry of outliving your savings and provides financial stability.
Protection against market volatility and potential growth
Annuities offer various options, such as fixed or indexed annuities, that can provide protection against market volatility.
With fixed annuities, you get a guaranteed interest rate, while indexed annuities offer potential growth linked to a market index with downside protection.
Legacy Planning
Annuities can include beneficiary payouts, ensuring that your loved ones receive financial support even after your passing.
Additionally, death benefit riders can guarantee a specified amount for beneficiaries, even if the annuity’s value has decreased.
Ready to Secure Your Financial Future?
Have questions about how annuities can help you? Our experts are here to provide personalized advice and explore your options.
Key Features of Annuities
Guaranteed Income
Ensure a steady income stream for life or a specified period
Protection Against Volatility
Safeguard your retirement funds from market fluctuations.
Flexible Options
Choose from fixed, indexed, or variable annuities to suit your needs.
Beneficiary Payout
Provide a financial legacy for your loved ones
Tax-Deferred Growth
Maximize your savings with tax-deferred investment growth.