Request a Quote
What is a Life Annuity?
A life annuity is a powerful financial product that guarantees **lifetime income**, providing stability and peace of mind. It’s an agreement where you invest a lump sum with an insurance company, and in return, receive regular **payouts for life**. This can be an excellent tool for **retirement planning**, helping you avoid the risks of outliving your savings.
Guaranteed Income
Never worry about running out of money. A **life annuity** ensures a steady income for as long as you live.
Market Protection
Your funds are protected from market volatility, giving you a **secure financial future**.
Peace of Mind
With predictable **monthly payments**, you can focus on enjoying life, free from financial stress.
Who Should Consider a Life Annuity?
If you are **retiring soon** or looking for **stable, lifelong income**, a life annuity could be the right choice. It is especially beneficial for individuals who:
- Want a **reliable** source of income in retirement.
- Prefer **security** over risk in financial planning.
- Need an **alternative** to traditional pensions or 401(k) plans.
Types of Life Annuities
Life annuities come in different forms to match your financial goals:
Immediate Annuities
Start receiving payments **right away**, perfect for retirees who need **immediate** income.
Deferred Annuities
Let your investment grow tax-deferred, with payments starting at a later date, ideal for long-term planning.
How Do Life Annuities Compare to Other Retirement Plans?
| Feature | Life Annuity | 401(k) / IRA | Stocks & Mutual Funds |
|---|---|---|---|
| Guaranteed Lifetime Income | Yes | No | No |
| Market Risk | None | High | High |
| Tax Deferral | Yes | Yes | No |
| Steady Monthly Payments | Yes | No | No |
How to Get Started with a Life Annuity
Starting is simple! Follow these steps:
Assess Your Needs
Determine your **financial goals** and expected retirement expenses.
Choose Your Plan
Work with a **trusted agent** to select the right annuity type.
Secure Your Future
Make your investment and enjoy **lifelong financial security**.
Let’s Plan Your Secure Retirement!
At Toni Smith Agency, we are dedicated to helping you **secure your financial future**. Whether you're planning for retirement or seeking **a stable income**, a life annuity can be a game-changer. Our experienced team is ready to help you navigate your options and find the best plan for your needs.
Request a Quote
Contact us today at 303-504-4455 to learn more about how a life annuity can benefit you!