Annuities

Incorporate Annuities Into Your Retirement Plan in Phoenix, Arizona

Annuity Strategies

The retirement planning professionals at Fullerton Financial Planning recognize that every Phoenix retirement saver is unique, meaning there’s no one-size-fits-all approach to retirement savings. The most successful retirement planners are those who include a healthy mix of retirement investment options to maintain the ideal balance of wealth generation and risk mitigation based on their own personal comfort level.


Annuities are one of the retirement savings tools that fit neatly into nearly any retirement savings plan. What makes these accounts so valuable is their reliability and exceptional risk mitigation potential.


How Annuities Work in Your Retirement Plan

In tumultuous economic times and market volatility, many retirement planners understandably put a premium on risk mitigation and guaranteed income in retirement. For many people, annuities offer the best option. What they sacrifice in growth potential, they make up for with reliability.



There are a variety of annuity investment options, but many savers choose annuities that provide a guaranteed stream of income for as long as they live. This provides a worry-free solution with no risk of depletion regardless of longevity. The income generated from annuities can be used for anything, whether it’s to cover essential living expenses or just to supplement other income sources.


Types of Annuities

It is vital that you choose annuities that are tailor made for your specific needs. Not all annuities are the same, and choosing the wrong annuity can have serious negative repercussions for you or your spouse. One of the benefits of consulting with the retirement planners at Fullerton Financial Planning in Phoenix is our in-depth understanding of annuities and our ability to recommend the ideal annuity and investment mix for your unique financial situation and retirement goals.

  • Immediate Annuities

    These are arguably the most straightforward of the annuities. You pay an insurance company a lump-sum up front and receive a guaranteed payout or a perpetual income stream for the remainder of your years. For retirement savers looking for a straightforward, uninterrupted and guaranteed income stream, immediate annuities are one of the ideal options. “Immediate” refers to when the payments start. Unlike some other annuities, immediate annuity payments begin quickly after the annuity is opened – generally within a year or less. 

  • Deferred Annuities

    These annuities share some similarities with other retirement investment options in that the money you put in has a chance to grow prior to you receiving income payments. Any growth within the annuity is tax-deferred, meaning you only pay taxes on interest and dividends decades down the line when the money is paid to you as income.

    Deferred annuities can be a great option if you would like the money you save in the annuity to grow before it’s paid out, but there can be more risk than some immediate annuities since your funds could be exposed to market volatility. 


  • Fixed Annuities

    The adjective “fixed” describes the rate of return on the money put into the annuity. The funds receive a guaranteed interest for a period of time specified in the terms of the policy. Both the principal and minimum rate of return are guaranteed by the insurance company. 

    Fixed annuities provide a stable, predictable income stream in retirement. Fixed annuities come in both deferred and immediate varieties depending on when you need payments to begin. 

  • Variable Annuities

    Returns of a variable annuity will be based on the performance of the assets in which the annuity funds are invested, like mutual funds, bonds and equities. These annuities offer more growth potential than annuities with guaranteed payouts but also more risk due to market exposure. These policies function like other annuities, they just offer more growth potential and more risk.

Which Annuity Is Right for You?

You don’t have to put all your eggs in one annuity basket. Including one or more annuities in your retirement savings plan may be a good option for you. Our team in Phoenix can help you understand which annuity types and products may be right for your situation.

Why Consult With a Retirement Planner at Fullerton Financial Planning in Phoenix?

Our role as your trusted retirement planning advisor in Phoenix involves helping you navigate the complexities of incorporating annuities into your retirement plan. We provide unbiased advice and guidance based on your unique needs and circumstances.


Personalized Planning: We begin by understanding your financial goals, current financial status and retirement aspirations. This enables us to provide personalized recommendations on the types of annuities that align best with your retirement strategy.


Expert Guidance: Our Phoenix-based team has deep knowledge and understanding of various annuity products offered by multiple companies. We’re committed to ensuring every client understands their annuity options, the risks, the fees and all the features so they can make informed decisions.


Monitoring and Advice: Some annuities are not turn-key, set-it-and-forget-it investment solutions. There may be scenarios where you can benefit from ongoing monitoring and adjustment of your annuity products. We’re with our clients every step of the way, including assistance with long-term maintenance.


Call us in Phoenix at (623) 974-0300 to discuss annuity options with one of our retirement planning professionals today