Annuity Types as Vessels

Understanding these annuity "vessels" can help you navigate the complex waters of retirement planning more effectively, by choosing the option that best suits your financial voyage.

Rowboats (Fixed Annuities): Fixed annuities are like rowboats. They offer a stable, consistent pace, much like rowing steadily in calm waters. The interest rates are fixed, providing reliability and security, making it a straightforward and predictable choice.

Sailboats (Variable Annuities): Variable annuities are akin to sailboats. They harness the power of the market winds. Depending on market performance, your journey (returns) can be swift and exciting or slow and challenging. You adjust the sails (investment options) based on market conditions to navigate effectively.

Yachts (Immediate Annuities): Immediate annuities are like yachts. You invest a lump sum upfront, and your journey (regular payments) begins immediately, offering a luxurious and comfortable ride. This option suits those who want to start their retirement income right away without waiting.

Cruise Ships (Deferred Annuities): Deferred annuities are comparable to cruise ships. You board the ship (make the initial investment) today, and your voyage (payments) begins at a future date. During this waiting period, you have various amenities (investment options) and the potential for your investment to grow before setting sail.

Want to learn more?  Complete the form below and we will reach out to you shortly.

Ready to take the next step?  Whether you have questions, ideas, or just want to chat, don't hesitate to reach out. Our team is here to help. Contact us today and let's start a conversation.

Thank you!
Oops!
Immediate vs. Deferred Annuities

Immediate vs. Deferred Annuities

Looking forward to retirement? It's critical to understand the difference between immediate and deferred annuities.
Learn More
Navigating Retirement Pitfalls

Navigating Retirement Pitfalls

Why are they made again and again? Making sense of these errors in judgement.
Learn More