Investments come in various forms. From stocks and mutual funds to real estate and IRAs, Capitol Financial Solutions can help answer all your investment questions. We can work with you to take your current financial portfolio and wealth attainment goals and form a comprehensive plan designed to preserve your wealth while potentially growing your investments in a method that aligns with your future in mind.
The term annuity refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future. Investors invest in or purchase annuities with monthly premiums or lump-sum payments. The holding institution issues a stream of payments in the future for a specified period of time or for the remainder of the annuitant's life. Annuities are mainly used for retirement purposes and help individuals address the risk of outliving their savings. (Investopedia). An annuity can be combined with other sources of retirement income. There are many different types of annuities with different costs and benefits. Annuities are not for everyone as they are not a one-size-fits-all solution. We'll work with you to see if it's a good fit for you.