Annuities & Retirement Income Planning in South Florida
Within 10 to 15 years of retirement, the question changes. It's no longer "how much have I saved?" but "how will my savings pay me every month, for as long as I live?" We help pre-retirees and retirees in Parkland, Coral Springs, Boca Raton and across Broward and Palm Beach County answer that question, and compare annuities from top-rated national carriers side by side.
What an annuity can do for your retirement
- Create income you can't outlive. Turn part of your savings into a guaranteed monthly paycheck for life.
- Protect principal from market drops. Fixed and fixed indexed annuities are not exposed to stock market losses.
- Defer taxes on growth. Interest grows tax-deferred until you take withdrawals.
- Fill the gap. Bridge the difference between Social Security, pensions and what you actually spend each month.
The annuity types we compare
Multi-Year Guaranteed Annuities (MYGA). A fixed interest rate locked in for a set term, usually 3 to 10 years. Many people use a MYGA the way they would use a CD, but it is issued by an insurance company.
Fixed Indexed Annuities (FIA). Interest is credited based on the performance of a market index, up to a cap or participation rate. Your principal is not exposed to index losses. Optional income riders can provide lifetime withdrawals.
Income Annuities (SPIA / DIA). You exchange a lump sum for guaranteed income that starts right away or at a future date you choose.
What to watch for
An annuity is not the right home for every dollar. Before you buy, we walk you through:
- Surrender periods and early-withdrawal charges
- Rider fees and how they affect your income
- Caps and participation rates, and how they can change after the first term
- How much money you should keep liquid outside the annuity
Free Retirement Income Gap Analysis
We start with a simple question: how much monthly income will you need, and how much will Social Security and any pension cover? Our free Retirement Income Gap Analysis shows the difference and the options for closing it, before any product is discussed.
Why work with us
- Independent. We are not captive to one carrier, so we can shop and compare.
- Local. Based in Parkland, serving Broward and Palm Beach County, in person or by video.
- Trilingual. Consultations in English, Hebrew and Spanish.
Also see: Life Insurance · Indexed Universal Life
Book a free 15-minute call
Call 954-326-0081 · wealthmanagement@infoshield-usa.com
Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are long-term products. Withdrawals during the surrender period may incur charges, and withdrawals before age 59½ may be subject to a 10% IRS penalty. Annuities are not FDIC insured.