Florida is not only known as the sunshine state, but it is one of the nation’s biggest retirement locations. However, you are still young, why should you be thinking about retirement? It is never too early to start saving money and planning for retirement. Whether you have a 401(k) or if you are putting money away on your own, you should start saving for retirement as early as possible.

There are many different options available for planning for retirement. From 401(k)’s to retirement bonds, the choices are endless. One such retirement planning option is an annuity.

What Are Annuities?

Very simply explained, an annuity is a financial product that is used to provide a steady stream of income for someone during their retirement years. It is a contract between you and your insurance company. Initially, you will make a lump-sum payment or a series of payments and then, in return, your insurer will make payments to you at some point in the future. There are several different types of annuities and each one can be slightly tailored to fit your needs and expectations, but how do you know if an annuity is right for you? What are the best annuity rates? What are the differences between the different types of annuities?

At Annuity Genius, we are annuity specialists and financial professionals. We understand that annuities can be confusing. Our team of professionals is here to help you make the most educated decision possible when it comes to planning for retirement and which annuity is best for you. Whether you want a fixed annuity or a variable annuity, our expert guidance and annuity services will help you make the right decision.

It is never too early to start planning. Make sure you are prepared for retirement. Contact the specialists at Annuity Genius today to get started with your free consultation.