Annuities

Protection Benefits

Protection Benefits of Annuities:
Guaranteed* Income For Life

Looking for a way to get guaranteed* income for life in retirement? You aren't alone.

Making sure you don’t run out of money is something many people are concerned about. And a product that may be able to help to alleviate this concern is an annuity. Of course, not all annuities are the same. Some are less reliable than others. This causes these products to have a bad reputation. However, with the right types of annuities, you may be able to protect your money and secure guaranteed* income that never runs out.

A fixed indexed annuity (FIA) is a contract with an insurance company, that can allow you to save money for retirement while keeping it protected.* This, while getting reasonable rates of return.** So, how exactly does an FIA work?

First, you enter a contract with an insurance company. Then, you contribute money. After some time, you can then take set payments in the form of income. Of course, there may be rules about how much money you can take at a time, and there may be certain fees. It’s important to do your research. A fixed indexed annuity may not be the right option for you. But, if you believe it could be, then reach out to Freedom Dream Team.

happy couple smiling and hugging in kitchen guaranteed income freedom dream team california

Income Riders

Income riders are an optional addition to your annuity. The add-on allows your income payments to increase over time. Some retirees may choose this option, because it allows them to compensate for inflation. Or, you may anticipate an increase in costs as you age for some other reason. For example, healthcare, cost-of-living adjustments, or certain lifestyle changes may impact your financial needs.

Flexible Guaranteed* Income

Once you reach retirement, your priorities most likely shift. For example, your risk tolerance may change drastically. You should determine how much money you need to have kept protected, and how much you’re willing to risk. An FIA is one surefire way to keep a large amount of money protected,* while still earning a reasonable rate of return.**

Want to learn more about these products, and how they can help you?

Reach out. You can reserve a spot at one of our seminar events to get educated, or schedule a one-on-one meeting with us, so we can answer your questions.

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