Every retirement is different. Whether it’s protecting hard-earned dollars, securing steady income for life, or establishing a legacy, you’ll want to know that your money is going to be there when you need it.

If you’re concerned that your current and planned savings may not be enough to last through retirement, an annuity might be the right choice for you.

An annuity provides you with the opportunity to increase your savings while you’re working—and the security of income after you retire. An annuity can provide:

  • Stable, tax-deferred growth while ensuring safety of principal
  • Income for life for you and your spouse
  • Long term care benefits should you need extended care
  • A legacy for your children and grandchildren
  • Peace of mind, knowing your funds are protected by the assets of a highly-rated insurance company

What is an annuity?

An annuity is a contract between you and an insurance company. You can purchase an annuity with a portion of your retirement savings in either a single payment, or with multiple payments. In exchange for premium paid, you can receive a fixed rate of return, a lump sum, or a future income stream that you and your spouse can’t outlive.

Who should consider an annuity?

Consider an annuity if you’re over age 50 and are concerned about:

Market risk. An annuity offers true market safety.

Growth potential. With an annuity, you can lock in gains annually.

Tax deferral. Taxes are deferred on annuity interest until the funds are withdrawn.

Longevity risk. An annuity can provide an income stream that you and your spouse will not outlive.

Supplemental income. An annuity can augment your retirement income portfolio.

Your legacy. A guaranteed death benefit help build your legacy.

Is an annuity right for everyone?

While the safety of an annuity is appealing, an annuity may not be for everyone.  If you’re unsure, our Advisors can help you determine if an annuity is the right fit for you.


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