Is a fixed annuity right for you?
A fixed annuity isn't for everyone or every dollar. It's a targeted tool for a specific job — most commonly, turning part of your nest egg into income you can't outlive.
Common goals
Retirement income planning
Turn a portion of savings into a monthly paycheck aligned with essential expenses.
Guaranteed income you can't outlive
Layer contractual lifetime income on top of Social Security.
Principal protection with growth potential
Grow tax-deferred without exposing premium to market losses.
Legacy / wealth transfer
Pass an efficient death benefit directly to a named beneficiary.
Who typically benefits
The soon-to-retire saver
5–10 years out. Wants to lock in future income and de-risk the portfolio without cashing out equities entirely.
The new retiree
Just left the workforce. Needs a predictable monthly amount to cover essentials so market volatility is emotional, not existential.
The conservative saver
Prefers CDs and cash. An MYGA often offers a competitive rate with tax deferral and can extend guaranteed growth for years.
The estate planner
Wants a clean, named-beneficiary path for a portion of assets while still generating income during their lifetime.
When an annuity may not fit
- You need full liquidity on this money in the next few years.
- You haven't built an emergency reserve yet — cover the basics first.
- You want maximum growth and are willing to accept market volatility to get it.
Ready to see the numbers for your retirement?
No fees, no obligation — a straightforward conversation with Richard.