Annuities
Trusted guidance to help you create steady retirement income, reduce worry, and feel confident your savings will last.
Why Annuities Can Be a Strong Lifetime Income Strategy
Retirement planning is not just about saving money. It is about making sure your savings last as long as you do. One of the biggest concerns many retirees face is running out of income, especially as life expectancy increases and healthcare costs can change over time. Annuities can play an important role by adding stability and predictability to your retirement plan.
At Frana Wealth Management, we help you understand how annuities work in plain language, what they are designed to do, and whether they fit your goals. The focus is always on clarity, confidence, and building a retirement income plan you can depend on.
What an Annuity Does
An annuity is a financial product that can convert a portion of your savings into a guaranteed stream of income for a set period, or even for the rest of your life. This creates a predictable income source that can feel similar to a paycheck in retirement, helping reduce the stress of wondering whether your money will last.
Key Benefits for Retirees
Lifetime Income
Certain annuities can provide income that lasts your entire lifetime, helping protect you from the risk of outliving your savings.
Protection Against Market Volatility
Some annuities offer principal protection or guaranteed returns, which can help shield your retirement income from market swings.
Flexibility
Annuities come in different types, including fixed, variable, and indexed options, allowing income strategies to match your goals, risk tolerance, and lifestyle.
Tax-Deferred Growth
Earnings in an annuity may grow tax-deferred until withdrawal, which can support long-term growth compared to taxable accounts.
Spousal Benefits
Many annuities allow you to continue income for a spouse or loved one, adding another layer of long-term security.
Talk Through Your Options
Annuities are not just an investment. They are a retirement income strategy designed to help replace earned income, manage longevity risk, and create greater financial confidence. When paired with Social Security and other savings, annuities can help build a reliable foundation so you can enjoy retirement with more peace of mind.
Trusted by seniors and families across East Tennessee
During the seminar, Amanda did a great job explaining the Medicare options!
Amanda gave more information than my "former" agent did in the past 3 years total!
Great presentation. Amanda is an exceptional speaker. As a previous owner of a software education company, I would have loved to have you as one of our presenters.
Thanks for making this transition so smooth and painless. You are great at your job.
Questions?
We’re here to help.
How do I know which Medicare option is right for me?
We look at your doctors, prescriptions, budget, and preferences, then compare plans to find the best fit.
What type of life insurance is best for seniors?
It depends on your goal. Term coverage can protect loved ones for a set period, while final expense coverage is designed to handle end-of-life costs.
Are annuities safe, and how do they fit into retirement?
Some annuities can provide predictable income and protection from market swings. We help you understand the tradeoffs and whether it fits your plan.
Can you help if I’m under 65 and need health insurance?
Yes. We help individuals and families compare Marketplace plans and see if you qualify for savings.
Do I need estate planning if I don’t have a large estate?
Often, yes. Estate planning is about protecting your wishes, reducing stress for your family, and keeping decisions clear.
What happens after I choose a plan or policy?
We stay available for questions, annual reviews, and updates as your needs or coverage change.
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