Retirement Annuity

Are you looking for a Retirement Annuity to protect your life savings?

Effective retirement planning means protecting and growing your life savings to make sure you have access to a guaranteed income for when you need it the most.  This is exactly what a retirement annuity is designed to do.

A Retirement Annuity is nothing more than a contract between you and an insurance company.  You purchase certain guarantees and promises, and pay for those guarantees with premiums to the company.

The insurance company in turn invests your paid in premium, and because of the tax rules governing insurance companies, the money grows tax-deferred.  The company commits to pay you either a lump sum, or a stream of income, at some future date from the funds you have invested with them- your premiums.

The specifics of how and when your money comes back to you are all laid out in the annuity contract in the beginning.

This is the essence of a retirement annuity.

Types of Retirement Annuities

There are two main categories of Retirement Annuities, based on the timing of payments to you and on the appreciation rate on your money.

1) Timing: In terms of timing there are either Immediate Annuities, or Deferred Annuities. These two choices refer to the timing of the payments from the insurance company to you.

2) Appreciation:  In terms of the rate of appreciation on the capital you give the insurance company, there are either Fixed Annuities ,  Variable Annuities or Indexed Annuities

Fixed Annuities are the simplest annuities to understand- they grow at a fixed rate and are an appropriate place for safe money.

Variable Annuities fluctuate up AND DOWN based on stock and bond portfolio allocations that you select.

Index Annuities- (which can be termed Equity Index Annuities as well as Fixed Index Annuities)- tie their appreciation rate to a market index that you have some participation in but do NOT have exposure to market downside risk.

We make it sound simple, right? Well there are millions of ways to complicate even the most straightforward concept, and annuities are no exception.  We cut to the chase and help you understand annuities in The Annuity Report. If you determine that an annuity might make sense for you, we are at you service.

First, enter your name and email to the right- The Annuity Report is an essential guide in choosing an annuity, and it’s available for free.  Then when you are ready, Make an Appointment and let us find the best retirement annuity for your unique situation.