Would you like guaranteed income for life?

Generally seen as a very conservative purchase, an annuity is a contract with an insurance company whereby monthly payments will be made to the annuitant for the rest of their life.

An annuity is intended for the long run, with growth potential, tax deferral and protection against the risk of outliving income or assets.

Annuities can be set up with a single premium (with immediate or deferred payout), or with multiple premium payments and a future payout. The growth within the annuity may be based on a fixed interest rate (with no risk of loss),or based on the change in an equity based index (such as the S&P 500) which can result in growth but cannot decline in value.

Some carriers offer annuities with Long-Term Care features.

Annuities come in a variety of formats and it is always best to consult with an insurance professional who can help determine the type of annuity that will best serve your purpose.

I can help you design a plan to fit your goals.