One of the biggest challenges during retirement is ensuring that you will have income that will last.  The last thing anybody wants is to run out of money and then have to go back to work.  Annuities present a solution to guarantee an income stream.  Guarantees are based on the claims paying ability of the issuing company.  You will receive regular disbursements throughout your retirement years, no matter how long your retirement lasts.  Annuities give you confidence and allow you to focus on what matters most during your post-career years.

Insurance companies sell annuities, but annuities aren’t like most other insurance products, which typically only pay out under specific circumstances.  For instance, life insurance may serve to replace income lost after a spouse or loved one passes away.  In contrast, the purpose of an annuity is to provide a source of guaranteed lifetime income to supplement your retirement years.

You can purchase an annuity by making either a one-time payment or a series of payments over several years.  Plan 4, Inc., is licensed to sell both variable and fixed annuities. We can inform you about all the benefits and implications of adding annuities to your retirement plan.

Talk to one of the experienced financial advisors at Plan 4, Inc. to see if annuities are the right investment vehicle for your retirement.  We are licensed to sell variable and fixed annuities, and we’re happy to examine how they may fit into your financial plan.  Let us help you prepare for retirement.  Contact us today for more details.

Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.