Annuity

Most people spend decades saving for retirement — and then face a harder question: how do you turn savings into income that actually lasts as long as you do? That's the problem an annuity is designed to solve.

An annuity is a contract with an insurance company: you contribute money (either as a lump sum or over time), and in exchange, the insurer provides you with a stream of income, often guaranteed for life. Depending on the type — fixed, indexed, or variable — an annuity can offer predictable growth, growth tied to market performance with downside protection, or income that starts immediately or years down the road. The right structure depends entirely on your situation, which is why this isn't a one-size-fits-all product.

Before recommending anything, we like to walk through the full picture with you:

• What assets do you currently have?

• What liabilities are you carrying?

• What's actually at risk if the market drops or income stops?

• What protection do you already have in place?

• Do you have a will and trust set up?

These aren't rhetorical questions — they're the starting point of every annuity conversation we have, because the right answer is different for every family. Let's go through them together.