No finance degree needed - we explain annuities like you're five
Think of an annuity like this: You know how you get Social Security checks every month when you retire? An annuity is like that, but you create it yourself with your own money.
You give money to an insurance company, and they promise to send you checks for the rest of your life. That's it. That's an annuity!
What if you live to 95 but your savings runs out at 85? That's scary! 😰
Annuities guarantee you'll get checks no matter how long you live! 😊
Like a savings account at a bank, but better interest. Super safe!
Your money is invested. Could grow more, but could also go down.
Goes up when stock market goes up, but doesn't lose when market goes down!
Start getting checks next month! Good if you're already retired.
Mary is 65 and retiring. She has $100,000 saved.
Without an annuity: She worries her money might run out if she lives past 85
With an annuity: She gets $500/month guaranteed for life, even if she lives to 100!
*Numbers are just examples to help you understand
Yes! Insurance companies are highly regulated and your state has protections.
Many annuities let you take some money out, but there might be penalties early on.
Most annuities have options to leave money to your family.
It depends! That's why we offer free, no-pressure help to figure it out.
No confusing finance talk. No judgment. Just patient, friendly help understanding if annuities make sense for you.
A licensed annuity specialist will call you to explain everything in plain, simple terms - no cost, no obligation