Annuity Authority
Your Trusted Guide to Annuities for a Secure Retirement
Now What Are Annuities?
Types of Annuities:
Pros & Cons
How to Choose
Annuity Readiness Quiz
Annuity Calculator Book
What Are Annuities?
Annuities are financial products offered by insurance companies designed to provide a steady income stream, often for retirement. You make a lump-sum payment or series of payments, and in return, the insurer guarantees periodic payments to you, either immediately or in the future. They act as a form of longevity insurance, helping protect against the risk of outliving your savings. Annuities can be complex, so understanding the basics is the first step in your shopping journey.
Learn About Types of Annuities
There are several types to suit different needs:
Fixed Annuities:
Offer a guaranteed interest rate and predictable payments. Ideal for conservative investors seeking stability.
Variable Annuities:
Payments vary based on investment performance. Higher potential returns but with market risk.
Indexed Annuities:
Returns linked to a market index (e.g., S&P 500) with some downside protection. A middle ground between fixed and variable.
Immediate Annuities:
Start payments right away after a lump-sum investment.
Deferred Annuities:
Accumulate funds over time before payments begin.
Consider your risk tolerance and time horizon when evaluating types.
Explore Pros & Cons
Pros and Cons of Annuities
Pros:
Guaranteed income for life (in many cases). Tax-deferred growth. Protection from market volatility (fixed types). Customizable riders for added benefits like inflation protection.
Cons:
High fees and surrender charges. Illiquidity – hard to access funds early. Potential for lower returns compared to other investments. Complexity and varying tax implications. Weigh these carefully based on your financial situation.
How to Choose the Right One
How to Choose the Right Annuity
Shopping for an annuity involves several mental stages:
Awareness: Recognize your need for retirement income security.
Research: Learn types, compare providers, and understand costs.
Evaluation: Use tools like calculators to model scenarios.
Comparison: Get quotes from multiple insurers.
Decision: Consult an expert for personalized advice.
Key factors:
1. Your age
2. health,
3. investment amount ($100k+ for significant benefits)
4. goals (income now or later).
Take Our Readiness Quiz Annuity Readiness Quiz
Answer these questions to gauge if you're ready:
1. What's your primary goal?
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Guaranteed income
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Growth potential
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Tax advantages
2. Investment amount?
$10,000 - $50,000
$50,000 -$100,000
$100,000 - $500,000
$500,000 - $1,000,000
$1,000,000 - $5,000,000
$5,000,000 - $10,000,000
$10,000,000 - $50,000,000
$50,000,000 - $100,000,000
$100mm +
3. Risk tolerance?
Low
Medium
High
Submit Quiz
This simple quiz helps you reflect
– for real advice, book below.
Try Our Calculator Annuity Payout Calculator
Estimate your potential income (simplified example):
Investment Amount ($): ________
Annual Interest Rate (%): ________
Years to Payout: 1, 5, 10, 15, 20, 25, 30
Calculate Now
Ready to discuss real options?
Book now.
Book Your Free Annuity Consultation
If you're ready to rollover or invest $100,000+ in an annuity, schedule a no-obligation call with our experts.
We'll review your situation and guide you to the best options.
Disclaimer:
Annuities are complex products. Consultations are for educational purposes; no investment advice without proper licensing. Past performance not indicative of future results. Minimum $100k investment required for discussion. © 2025 Annuity Authority. All rights reserved.
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