Annuities & Other Income Strategies
Generate Income for the Years Ahead
As you enter retirement and leave your full-time career, you may be looking for other sources of income. Fortunately, we can help you create a predictable income stream by:
- Identifying your basic and discretionary expenses
- Anticipating future expenses
- Optimizing current sources of retirement income
- Developing a personalized income strategy
- Addressing ways to manage the on-going changes in healthcare during retirement
Supplement Retirement Income with Annuities
Annuities are investment contracts issued by insurance companies that provide retirement income for a specified period of time. Payments can begin immediately, or you can defer your annuity and grow your investment, tax-deferred, until your payout begins. We will explain annuity types and help you determine whether a fixed, variable or indexed option is right for you.
To get an estimate of your Social Security benefits, visit the Social Security Administration website.
Did you know…once you reach normal retirement age, you can earn as much as you want without affecting your Social Security retirement benefit. A financial advisor can help you decide when to start taking your benefit.
Contact the CFS team to schedule a complimentary, no-obligation appointment.