Annuities - fixed annuity, income annuity, Fixed Indexed annuity, variable annuity

At Fortunium Wealth Management, we help individuals and retirees incorporate annuities into their financial and retirement strategies. Annuities are insurance-based financial products designed to provide structured income, wealth protection, and additional benefits based on individual needs. They are long-term investments designed for retirement purposes. Many people use annuities to establish a personal pension, creating a predictable income stream during retirement. The right annuity depends on factors such as retirement goals, risk tolerance, and income needs. 

 Fortunium is partnered with top A-rated insurance companies, providing access to a variety of annuity options tailored to each client’s situation.

Fixed Annuities

• How They Work: Fixed annuities provide a set interest rate for a specified period, offering consistent growth.
• Who They Help: Individuals seeking steady accumulation and a structured payout without exposure to market fluctuations.

Fixed Indexed Annuities

• How They Work: These annuities allow for potential growth based on the performance of an external market index (such as the S&P 500) while ensuring no downside risk if the market declines. They provide an alternative to traditional market investments.
• Who They Help: Individuals looking for market-linked growth with protections against losses.

Immediate Annuities vs. Deferred Annuities

• Immediate Annuities: Purchased with a lump sum and begin paying income right away. Often used for individuals needing structured payouts immediately after retirement.
• Deferred Annuities: Allow funds to grow tax-deferred before converting into an income stream at a later time. Used for long-term financial planning.

Variable Annuities

• How They Work: Unlike fixed annuities, variable annuities allow investment in market-based portfolios, offering the potential for higher returns but with market risk. Some include income riders at an additional cost that provide structured payouts over time.
• Who They Help: Individuals comfortable with market exposure seeking long-term accumulation with income options.

Annuities can be customized with riders, at an additional cost, to include additional benefits. Some provide long-term care features, offering funds if extended care services are required. Others include life insurance riders, allowing for financial protection for beneficiaries.

At Fortunium Wealth Management, we work with top A-rated insurance companies to offer a range of annuity solutions. Each option is selected based on individual financial goals, risk tolerance, and income needs, ensuring that annuities fit within a broader financial strategy.

fixed annuity, income annuity, variable annuity in Apollo Beach, Ruskin, Sun City Center