Annuities

Annuity Strategies That Fit Your Financial Goals

At Fullerton Financial Planning, we understand that retirement planning is personal, and every saver has unique needs. That’s why there’s no one-size-fits-all approach to planning your retirement. Our team takes the time to ensure that your strategy balances growth, security, and income generation to help you meet your financial goals. Annuities can play a key role in this balance, offering a reliable stream of income, risk management, and tax advantages depending on the type of annuity you choose.

How Annuities Support Your Retirement Plan 

In uncertain economic environments and during market volatility, many savers look for stable, reliable ways to supplement their retirement income. For those seeking a steady source of income, annuities offer a compelling option by providing a regular income stream that can last for life, complementing other retirement savings. This predictable cash flow can help retirees cover essential expenses or enhance their lifestyle.

Annuities are designed to suit your specific financial needs, allowing you to personalize your retirement strategy. Whether you’re looking for steady payments immediately or prefer to let your investment grow over time, there’s likely an annuity option that may fit your financial situation.

However, it’s important to consider that annuities can come with certain limitations, such as higher fees, commissions, and potential penalties for early withdrawals. Additionally, while annuities can provide security, they may lack the growth potential of other investments. By understanding both the benefits and limitations, you can make an informed choice about whether an annuity aligns with your financial goals.

Types of Annuities We Offer

At Fullerton Financial Planning, we help you select the best annuity for your needs, so you can avoid the pitfalls of choosing an inappropriate product. Below are some common types of annuities and their benefits:

Finding the Right Annuity for Your Needs

When it comes to annuities, there’s no need to settle for a one-size-fits-all solution. A personalized approach ensures that your investment aligns with your specific retirement goals and risk tolerance. At Fullerton Financial Planning, our team can walk you through the options, explain the benefits and risks of each, and help you determine which types of annuities will best serve your needs.

Why Choose Fullerton Financial Planning for Annuities?

Our team in Phoenix offers comprehensive retirement planning that incorporates annuities as part of a broader strategy. Here’s what you can expect: 

• Personalized Planning: We tailor your annuity recommendations based on your financial goals, risk tolerance, and long-term aspirations. This ensures your retirement strategy reflects what’s important to you.

• Expert Guidance: With years of experience, our advisors understand the ins and outs of annuity products from various providers. We’re here to explain the complexities, from fees to payout options, so you can make informed decisions.

• Ongoing Monitoring and Support: Annuities aren’t always set-it-and-forget-it products. We provide ongoing advice and adjustments as your financial situation evolves, ensuring your annuity stays aligned with your needs.

Schedule a Consultation With Our Team Today

Considering an annuity or curious about how it fits into your overall retirement plan? Contact us today to schedule a meeting with one of our retirement planning professionals. Together, we’ll develop a retirement strategy that’s tailored to your financial future.

Annuity Disclosure: 

An annuity is a contract between a buyer and an insurance company that provides the buyer with a regular series of payments in return for a lump-sum payment. Annuity commissions typically range from 1 percent to 8 percent of the total value, though you may pay as high as 10 percent or as low as 0 percent if you buy a commission-free annuity. Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details. 

Annuities contain certain fees, risks, limitations, and restrictions, including free withdrawals up to a specified limit, as well as potential withdrawal fees or surrender charges for withdrawals exceeding that limit or early withdrawals. Please speak with an agent for costs and complete details. You should carefully consider your financial needs before investing in annuity products and benefits. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 591/2, may be subject to a 10% federal tax penalty. If the annuity with fund an IRA or other tax-qualified plan, the tax deferral feature offers no additional value. Consult a tax advisor for specific information. 

Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

Fullerton is not acting in a fiduciary capacity when it comes to the sale of annuities. FIRM will receive commissions based on the sale of annuity contracts. Annuity contracts are made by and for the benefit of the buyer, who should bear responsibility for premiums and understand their financial conditions.