• Discover the many opportunities available to help secure your financial future through the use of a comprehensive suite of investment and insurance products.

    At Retirement Income Strategies, we can help you determine a strategy appropriate for your financial situation.

  • Immediate Annuities in Fitchburg

    Whether we like it or not, planning for retirement is changing and will continue to do so. The amount of pensions is dwindling year after year and the future of Social Security is up in the air. This means it is very important to prepare now for what will happen in retirement. For many, immediate annuities are a product that can help them accomplish this goal.

    What Is An Immediate Annuity?

    First of all, it’s important to understand what annuities are. Basically, an annuity is a financial product that is an agreement between a person and an insurance company. The person buying the annuity makes a lump sum payment to the company and the company agrees to make regular payments back to the owner at a later time. Relating to when these payments happen, there are two basic kinds of annuities: deferred and immediate. Deferred annuity payments commence at later date while immediate annuities can start payouts almost immediately.

    Immediate annuities are often chosen by people who want steady income payments and need them to start soon. Another important feature of these annuities is they are tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.

    You have a lot of different options when it comes to immediate annuities, which can make this choice difficult. The great thing about choosing Retirement Income Strategies for retirement planning is that we are able to work with many of these financial institutions to provide our Fitchburg customers with options. This structure allows us to select the immediate annuity that will best fit your needs.

    Contact Us

    Ready to learn more about immediate annuities? Talk to one of our experienced financial professionals in the Fitchburg area. After a simple conversation on your current finances and retirement goals, we should be able to figure out if an immediate annuity is a good choice for you. Please call us today and schedule your appointment.

    Kristian Finfrock


    Our founder and top financial professional, Kristian Finfrock, wants you to maintain a retirement savings that is not majorly impacted by today's volatile market. Contact us at 888.275.3935 to learn more.

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    Ed Slott’s IRA Corner

    Ed Slott runs the Elite IRA Advisor Group dedicated to spread the word about smart retirement strategies.

    Members of Ed Slott’s Elite IRA Advisor GroupTM are dedicated to being leaders in the IRA industry and protecting their clients’ families’ futures.

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    Upcoming Events

    Retirement planning is simple when you partner with the wealth management professionals at Retirement Income Strategies.

    Our retirement planning professionals offer a number of events to provide education and assistance with senior life insurance, financial planning, and more. Click below to view our upcoming calendar.

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    At Retirement Income Strategies, helping you meet your financial needs is our FIRST priority

    Contact us at info@ri-strategies.com or call us at 888.275.3935 to schedule a time to discuss your financial situation and the potential role of insurance or investments in your financial strategy.