Annuities
Guaranteed retirement income solutions for financial security
Lifetime
Income guarantee
Tax
Deferred growth
3-8%
Typical returns
Principal
Protection available
Annuities are financial products designed to provide guaranteed income during retirement. They offer a way to convert a lump sum or series of payments into a steady income stream, helping protect against the risk of outliving your money.
Key Benefits of Annuities
- • Guaranteed income you can't outlive
- • Tax-deferred growth during accumulation
- • Protection from market volatility (fixed/indexed)
- • No contribution limits like 401(k)s or IRAs
- • Professional money management options
- • Customizable payout options
Important Considerations
- • Surrender charges for early withdrawals (typically 6-10 years)
- • Fees can be higher than other investment options
- • Limited liquidity during accumulation phase
- • Income payments may not keep up with inflation (unless rider added)
- • Complexity requires careful evaluation of terms
Annuities work best as part of a diversified retirement strategy, providing the guaranteed income foundation that allows you to take more risk with other investments.
Retirement Scenarios
Conservative Retiree
Age: 65
Goal: Guaranteed income for life
Predictable monthly income with no market risk
Growth-Oriented Pre-Retiree
Age: 55
Goal: Accumulate wealth with protection
Market growth potential with principal protection
High-Net-Worth Investor
Age: 60
Goal: Tax-deferred growth
Investment options with tax advantages
Pension Replacement
Age: 62
Goal: Replace business-sponsored pension
Guaranteed monthly payments like a pension
Frequently Asked Questions
Secure Your Retirement Income
Don't leave your retirement income to chance. Explore how annuities can provide the guaranteed income foundation for your retirement security.