There are many different types of annuities and each is designed to fulfill a different need for the owner. So, if you are wondering whether an annuity is right for you, ask yourself “what would I like an annuity to do for me?”. Our advisors can help guide you through this process and help you determine if an annuity would be in your best interest to fulfill one or multiple financial goals you have. Annuities can also add a high level of guarantee and predictability to a financial plan and help improve and protect your financial quality of life.
There are also multiple companies that offer different annuities, and not all are equal. At Barkdull Financial Group we offer annuities from only highly-rated companies and will always be transparent of which annuities currently offer the best performance.
Some common protections and benefits of annuities include: protection from stock market losses while earning a similar rate-of-return, a guaranteed rate of return, 100% protection from creditors, tax deferral of growth, guaranteed income for life, no matter how long you live, Long Term Care benefits at no additional cost, a death benefit at no additional cost, and greater accessibility to your money than CDs and other investment products.