Annuities

Annuities are financial products offered by life insurance companies that provide a steady stream of income, typically during retirement. In exchange for a lump sum or series of payments, the insurance company guarantees regular payouts for a set period or for the rest of your life. This makes annuities a valuable tool for securing long-term financial stability, supplementing other retirement income sources, and protecting against the risk of outliving your savings. Some annuities also offer growth potential, death benefits, or tax-deferred earnings to help you plan confidently for the future.