Meet Your Retirement Goals With an Annuity Plan

Worried about your retirement savings? Forty-three percent of millennials nowadays reveal they are anxious about not being able to provide for their family’s financial needs after retiring. Inflation, market volatility, and global events can affect how we prepare for our financial future. But by purchasing annuity products, you can enter retirement with confidence.

Annuities are a way to grow and protect your retirement savings. They work by converting the premiums you pay into a lifetime of guaranteed income stream. When purchased alongside a life insurance policy, you can achieve your long-term financial goals.

Besides having a guaranteed income for retirement, here are more reasons to purchase an annuity:

• You can customize your annuity to meet your financial and retirement needs.
• You can earn interest and grow your money.
• Depending on the type of annuity, it can also provide lifetime income for your spouse.
• It lets you leave a legacy. Certain annuities offer a death benefit paid directly to your beneficiaries when you pass away.
• Income from your annuities is tax-deferred until you withdraw it.
• You can start receiving income as soon as you want or put off your payouts for future use.