Income Planning
Retirement income planning with fixed indexed annuities
For most of your adult life, you likely relied on a paycheck that arrived consistently a couple of times each month. That regular income made it easier to plan, budget, and feel confident about your financial future.
Once you retire, however, that steady paycheck goes away. Instead, you may need to depend on Social Security, IRAs, and other personal assets to cover your living expenses and maintain your lifestyle.
A fixed indexed annuity may provide another reliable income option in retirement. With this type of annuity, you can receive a steady income stream paid over a specific period—or even structured to last for your lifetime—helping to bring back a sense of financial predictability.
Unlike some other retirement savings tools, fixed indexed annuities do not have IRS contribution limits. This means you can generally contribute as much premium as you’re comfortable with, giving you greater flexibility when planning your retirement income strategy.
Contact us today to learn how fixed indexed annuities may help you maximize and protect your income throughout retirement.
