Annuities
An annuity is a financial product that allows you to convert a lump sum of money into a regular income stream for the rest of your life or a specified period. It is a popular choice for those seeking a steady and predictable income during retirement.
Annuities provide you with a reliable income stream that you can depend on for the rest of your life or a chosen period. This can help you plan your expenses and maintain your desired lifestyle.
Annuities offer various options to suit your unique needs. You can choose between lifetime annuities, fixed-term annuities, or enhanced annuities, depending on your circumstances and preferences.
Lifetime Annuities
These annuities provide a guaranteed income for life, ensuring you receive regular payments until you pass away.
Fixed-Term Annuities
With fixed-term annuities, you can choose a specific period for which you will receive payments. This option allows flexibility if you have specific financial goals or plans.
Enhanced Annuities
Enhanced annuities consider your health and lifestyle factors, potentially providing higher income payments if you have certain medical conditions or lifestyle habits.
Investment-Linked Annuities
These annuities offer the opportunity for income growth by linking your annuity to investments such as stocks or bonds. However, returns are subject to market fluctuations and risks.
We will take the time to understand your unique circumstances and help you choose the most suitable annuity option for your retirement goals.