Financial Planning

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Financial planning for individuals.

Is an annuity right for you?

There is much debate about whether or not individuals preparing for retirement should purchase annuities as a piece of their retirement puzzle. Before determining the usefulness of an annuity for you, make sure you are clear on what an annuity is and what its important components are. What is an annuity? An annuity is an insurance product, most often sold by those who also sell life insurance. Both annuity contracts and life insurance policies are designed to supply an individual or individuals with a sum of cash based on a person’s life [...]

2018-12-10T15:08:02+00:00June 28th, 2018|

What Can Annuities Do for You?

Insurance companies do not, as a rule, specialize in investments or financial planning, but they definitely offer investment tools. An insurance policy itself is an investment in the future, because it helps you regain your financial footing in the event of serious health setbacks, property damage, injury on the job and even lawsuits. But if you regard an investment as using your money for profitable returns, insurance coverage doesn’t necessarily fit that definition. One investment tool insurance companies offer is an annuity. An annuity, as its name suggests, is something you receive [...]

2018-12-10T15:24:19+00:00April 13th, 2017|