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THREE SHORT STEPS TO DECIDE, DESIGN AND FIND THE ANNUITY FOR YOU

 

How Annuities Help Investors Like You



Decide

Whether annuities are right for you.

YOUR Annuity

ABOUT YOU

  You Spouse

SELECT ONE




WHY Annuities


These annuities provide guaranteed income for life or for a fixed period. They offer options to continue income to the beneficiary or a second annuitant.
Get a Quick Estimate for a basic form of annuity



To get your questions about
Immediate Annuities answered, go to 		FAQ/Immediate Annuity
If you'd like to do your own
analysis, go to 		Current Income Learning Center


WHAT EXPERTS SAY !

From a Pension Research Council paper

“An enduring empirical puzzle in the economics literature is why individuals so rarely purchase annuities to insure against length-of-life uncertainty, despite the substantial value that annuities have been shown to provide in standard life cycle models. This paper provides experimental evidence that individuals have difficulty valuing annuities, and this difficulty - rather than a preference for lump sums - can help explain observed low levels of annuity purchases.”

From The Wall Street Journal

"But for those grappling with investment losses, annuities today have an undeniable appeal. At first glance, they offer a way to restore some financial security to what are supposed to be your golden years. There is even evidence that retirees with regular paychecks are happier than those who rely exclusively on 401(k)s to supplement their Social Security."

 

Increased Cash Flow

  • Situation: Frank, a widower age 65, planned on retiring with income from his pension, Social Security, and interest on his savings. He’s now getting less than 1% per year on his $250,000 of bank savings. He has reached the mandatory retirement age at his place of employment, and has not been able to find full or even part time work. He is in good health, and is afraid that by taking drawdowns from his savings, he will run out of money. He also wants to leave his home to his children.


    Solution: By purchasing an annuity with $200,000 of his savings, he increased his monthly income from this source by nearly 6 times – to over $13,000 per year. He elected a Life with 100% Refund Annuity and still has liquidity in case of an emergency.