Annuities

Preparing for retirement requires more than just saving—it’s about ensuring that those savings support you for years to come. Annuities offer a way to create a steady income stream, providing predictability and security that can supplement Social Security and other retirement savings. At Roderick Green – Avani Financial Services, we specialize in helping you select an annuity that suits your goals, whether you seek guaranteed income, growth potential, or a mix of both.

Annuities come in several types: fixed, variable, and indexed. Fixed annuities guarantee a consistent payout, making them ideal for conservative investors who prioritize stability. Variable annuities, on the other hand, allow you to invest in portfolios, offering growth opportunities but with greater market risk. Indexed annuities are a middle ground, tying earnings to an index like the S&P 500 for potential growth while limiting exposure to losses. We’ll help you understand the pros and cons of each option and how they align with your retirement objectives.

Additionally, the tax-deferred nature of annuities allows your investment to grow over time without immediate tax implications, making them a valuable tool for retirement planning. We’ll guide you through terms like “accumulation phase,” where your investment grows, and “annuitization,” the point when you begin to receive payments. At Roderick Green – Avani Financial Services, we ensure that every step is clear so you feel informed and confident in your retirement plan.