As you approach retirement, the need for life insurance wanes and might be replaced by a need for income you can count on. Setting aside money in the form of an annuity offers protection that can safeguard you against running out of money several years into retirement.
There are many reasons to buy annuities, depending on your lifestyle needs. Among other benefits, they can provide you with guaranteed income for life, a way to provide for your loved ones, protection against losing your initial investment and help with long-term care costs.
In general, annuities provide safety, long-term growth and income. You can manage how much income and how much risk you’re comfortable with. Book an appointment today and let us help you determine if an annuity is a good fit for you.