Steady Income Stream:

• Annuities provide a reliable stream of income over a specified period or even for life.

• This consistent income can supplement Social Security and other retirement investments.

Market Volatility Management:

• Annuities can help mitigate market fluctuations.

• Unlike investments directly tied to stock markets, annuities offer predictable payouts, reducing exposure to market volatility.

Longevity Risk Mitigation:

• The fear of outliving savings is real for retirees.

• Annuities address this by offering lifetime income, ensuring financial stability even if you live longer than expected.

Inflation Protection:

• Rising prices can erode purchasing power over time.

• Some annuities provide inflation-adjusted payments, safeguarding against the impact of inflation.

Tax-Deferred Growth:

• During the accumulation phase, your premium grows tax-deferred.

• This means you don’t pay taxes on the growth until you start receiving income.

Customization Options:

• Annuities come in various types:

  • Fixed Annuities: Guarantee a fixed interest rate during accumulation.

  • Variable Annuities: Allow investment in underlying funds, potentially leading to higher returns.

  • Indexed Annuities: Link growth to stock market indices.

• Choose the type that aligns with your financial goals.