If you wake up in a cold sweat, it might just be that you were having a bad dream. Splash some water on your face, fix yourself a cup of hot chocolate, and everything will be okay. If you are wide awake and start to sweat because the Dow Jones just dropped 500 points, you may have a more serious problem. If you feel helpless while you watch the balance in your retirement account start to dwindle away, you may want to consider an annuity as a good place to put the money you can not afford to lose.
As you get closer to retirement, it is common to want to change the balance your portfolio of investments so a smaller portion is allocated toward growth and a larger portion is used to generate income. The money you need for income, or your safe money, should not be put into risky stocks. After considering your options, you may come to the conclusion that buying the best lifetime income annuity (immediate annuity) is the smartest investment you can make.
- Receive income for the rest of your life
- Know the exact amount of income you will receive each month
- Can provide income for your life and your spouse’s life
- You can set it up so you are protected against inflation (increase with CPI)
Finding the best lifetime income annuity is a bit more complicated than just looking for the highest income annuity rates. When making such an important decision with your money, you can benefit by getting the expert advice of an experienced professional who is versed in all aspects of annuities.
Our goal is to help you find the annuity that will be most beneficial for your income needs now and in the future. We understand the nuances about annuities and know that it can be confusing when you try to compare annuity income from annuities offered by all of the different insurance companies.
Instead of worrying about where your income will come from in the future, you can get guaranteed income for life. If that sounds good, we welcome the chance to help you. It is easy to get started. For free annuity quotes online, click on the big orange button.