Annuities
Annuities are one of the few financial tools designed to provide guaranteed lifetime income you can't outlive.
Whether you're planning for retirement, protecting your savings, or looking for more predictable income, we'll help you understand your options and determine whether an annuity is the right fit for your financial goals.
Built Around Your Goals
At Caplan Financial, we design annuity strategies around your specific goals—whether you want income starting soon or need to grow money safely for the future.
Our focus is simple: create reliable lifetime income and real peace of mind.
What Is an Annuity?
An annuity is a contract with an insurance company. You pay a premium—or a series of premiums—and in return, the company provides a stream of income.
Unlike life insurance, an annuity is designed to help you accumulate money and convert it into income, most often for retirement. An annuity can also provide payments designed to last as long as you live.
A Contract for Future Income
You fund the annuity with one payment or a series of payments. The insurance company then provides income according to the terms and options you select.
Understanding the Contract
Choose When Income Starts
Immediate Annuity
Payments typically begin within one year. This may be appropriate when dependable income is needed soon and is usually funded with a single premium.
Deferred Annuity
Your money grows tax-deferred during an accumulation period. Payments begin later, often years from now, when you are ready to create retirement income.
Whether you want income now or growth for later, the right annuity can provide more predictable cash flow and greater confidence in your retirement strategy.
Ready to Explore Your Options?
Whether you are looking for guaranteed income now or planning years ahead, Caplan Financial will help you understand your choices and determine whether an annuity fits your retirement goals.