Insurance is one of the simplest ways to protect everything you are working to build. The right coverage can keep a medical event, disability, or early death from turning into a financial crisis, especially in retirement when there is less time to recover.
Instead of collecting random policies over the years, you benefit from a coordinated insurance plan that fits your broader financial strategy. That includes protecting income, managing healthcare costs, funding long term care, and supporting the people who rely on you.
Our role is to help you sort through the noise, understand what you actually need, and choose coverage that supports your goals without overpaying for benefits that do not.
Annuities can be used to help create a more predictable income plan, but each type works differently and includes important tradeoffs. Immediate annuities generally exchange a lump sum for a stream of payments that may last for a set period or for life, which can help cover essential expenses but typically limits access to principal.
Fixed annuities and fixed indexed annuities credit interest based on the contract terms and generally grow tax-deferred. They may be considered as part of a conservative allocation, but they often include surrender charges, withdrawal limits, and other contract restrictions that should be reviewed carefully.
Variable annuities invest in underlying subaccounts that can rise or fall with the market and may offer optional features such as income riders or enhanced death benefits. These features can be useful in the right situation, but they add cost and complexity, so annuities are best evaluated within the context of your overall retirement plan, liquidity needs, and risk tolerance. Guarantees, if any, are subject to the claims-paying ability of the issuing insurer.
