Trusted Assistance Evaluating Annuities in Bedford, NH

Planning for a secure financial future can feel overwhelming with the various investment options and the complexities of each. Cohen Investment Advisors offers assistance evaluating annuities for people in Bedford, NH and beyond who are considering these options. On the surface, annuities can appear to be a good way to produce income during retirement. However, they’re not all the same, and relying on experienced financial advisors like us is essential to fully understand what your investment will provide in retirement.

What Is Annuity Evaluation?

Annuity evaluation involves reviewing an annuity investment to assess its current performance, potential future value, and suitability for the investor’s financial goals. Evaluating annuities includes analyzing several key factors, such as fees, interest rates, the financial strength of the issuing insurance company, and the specific terms of the contract. Annuities aren’t included as an investment option for our clients, but we do review and provide an evaluation to uncover the potential pitfalls of these policies before you commit to one.

Annuity Evaluation Services in Bedford, NH

How Does an Annuity Evaluation Work?

Annuity evaluations with us are designed to give you a clear understanding of what you can expect from your investment. Using an annuity evaluation checklist, we help you answer critical questions such as:

  • What is the financial health of the company offering the annuity?
  • Are the growth projections of the annuity in line with your retirement goals?
  • Are there any hidden fees or expenses that might affect your returns?
  • Does the annuity provide the flexibility and control you need?

Types of Annuity Evaluation

There are several types of annuities, including fixed, variable, and indexed. We walk you through the nuances of each type, ensuring you have the information needed for an educated choice. Each comes with its unique features and risks, which must be carefully weighed:

  • Fixed Annuities – These provide guaranteed interest and principal and are the most stable option, limiting gains and losses.
  • Variable Annuities – With these, returns depend on the performance of underlying investment options. These are considered higher risk because payment varies on portfolio performance.
  • Indexed Annuities – These offer returns tied to a market index but with certain limits. They come with a minimum payment guarantee and are considered a middle-of-the-road option.

The Process of Annuity Evaluation

Cohen Investment Advisors comprehensive annuity evaluation process includes the following steps:

  • Gathering Information – We collect all details concerning your current annuity contract.
  • Analysis – Our team carefully analyzes the terms and performance of the annuity.
  • Comparison – We compare your annuity against other investment options in the current market.
  • Personalized Advice – We provide tailored recommendations based on your individual financial situation and goals.

Benefits of Getting an Annuity Evaluation

While the terms of an annuity might sound good as a retirement investment, having peace of mind and the analysis of an experienced and unbiased financial advisor is priceless. Benefits of working with us to learn how to evaluate annuities include:

  • Expert Insights – Our advisors possess deep knowledge of the annuity landscape.
  • Personalized Service – We take the time to know our clients and understand their needs.
  • Holistic Planning – Our approach looks beyond annuities to encompass your entire retirement plan.

Why Choose Cohen Investment Advisors?

We are a small, local financial advising company dedicated to fostering long-term relationships built on trust and personalized service. We make complex financial strategies and retirement options easily understandable to ensure you feel confident and comfortable with your investment choices. We’re always here for you to answer your questions and provide the guidance you need.

Professional Annuity Evaluation Services in Bedford, NH

When considering retirement income and investment options, contact Cohen Investment Advisors for help evaluating annuities to ensure you clearly understand the agreement. Annuities can sound attractive, but without the experience of a finance professional, you could end up in a contract dragged down by hidden fees or unexpectedly low returns. Contact Cohen Investment Advisors today for a consultation that sets your financial future on firm ground.