Planning for retirement often means finding ways to create a reliable source of income while balancing your long term financial goals. Depending on your individual circumstances, an annuity may be one option to consider as part of your overall retirement strategy.

At William Peterson Financial Planning, we take the time to understand your financial goals, retirement timeline, and income needs before discussing whether an annuity may be appropriate for your situation.

What Is an Annuity?

An annuity is a financial product offered by an insurance company that may help individuals accumulate assets for retirement or provide income during retirement, depending on the type of annuity selected.

There are several types of annuities, each designed to address different financial objectives. Understanding the differences is an important part of determining whether an annuity fits within your overall financial plan.

Is an Annuity Right for You?

Annuities are not one size fits all solutions. During our conversation, we'll help you understand both the potential benefits and important considerations so you can make an informed decision.

Together, we'll discuss:

• Your retirement goals

• Current income needs

• Future income objectives

• Risk tolerance

• Time horizon

• Tax considerations

• How an annuity may fit into your overall financial strategy

Frequently Asked Questions

Are annuities only for retirees?

Not necessarily. Depending on your financial goals, an annuity may be appropriate for individuals who are planning for retirement as well as those who are already retired.

Are all annuities the same?

No. Different annuities have different features, benefits, costs, and considerations. We'll help you understand the available options so you can make an informed decision.

How do I know if an annuity is right for me?

The answer depends on your individual financial goals, retirement timeline, income needs, and overall financial strategy. During your consultation, we'll discuss your situation and determine whether an annuity may be appropriate.

Any comments regarding safe and secure products, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Brookstone.

Schedule a Consultation

If you're curious about how an annuity could fit into your retirement plan or simply want a second opinion on an existing annuity, we're here to help.

Your initial consultation is complimentary and carries no obligation. We'll take the time to answer your questions, explain your options, and help you determine what may be appropriate for your unique financial situation.

Contact us today to schedule your complimentary, no obligation consultation.