Annuities come in all shapes and types, and the only real way to determine if an annuity is a good investment for you is to have a plan.

There are many strong opinions, and perhaps some misconceptions, about annuities and what they may be used to accomplish. It’s important to keep in mind that first and foremost an annuity is an insurance product, which means it may be a product that can help reduce risk.
While we don’t believe that an annuity is a good fit for everyone, we may look at annuity products when a client wants some principal protection – either through use of a death benefit or an income stream. Depending on the individual client’s goals, a variable or fixed annuity can offer some stability and even be used as a foundation piece for the overall portfolio.

An annuity can offer some stability and even be used as a foundation piece for the overall portfolio.