Income Annuities

When you are no longer drawing a paycheck, an income annuity can step in as a dependable, monthly "retirement paycheck" you can count on. I use income annuities to help you turn a portion of your savings into guaranteed payments you cannot outlive, so your essential expenses are covered regardless of what the stock market does.

Together, we decide how much of your nest egg should be converted into steady income, and whether those payments should start right away or at a future date. Immediate income annuities can begin paying within about 30 days, ideal if you are retiring now and want certainty from day one. Deferred income annuities allow you to lock in a future income stream, providing higher payments when you are ready to turn them on later.

You can choose options that protect a surviving spouse, provide income for a minimum number of years, or focus on the highest possible lifetime payment. My role is to walk you through each choice in plain language, show you how it affects your monthly income, and coordinate it with Social Security, pensions, and other assets.

The end result is simple and reassuring: a clear plan that transforms part of your savings into a reliable income base, so you are less dependent on market performance and more confident about covering the basics - housing, healthcare, groceries, and everyday living - year after year.