Annuities in Austin, TX
Retirement is a life-changing event. As you adjust to your new lifestyle in Austin, TX, you’ll need to think differently about your finances. Moving from earning an income to drawing on your retirement savings and investments can be a big shift mentally.
An annuity is a simple, secure financial product that can provide an income over a period of time (either a fixed period of time or a lifetime) in return for a lump-sum investment. The rate of return is fixed at the outset, and is not affected by share market fluctuations or interest rate changes.
An annuity in Austin, TX can help you protect or grow your retirement savings, giving you confidence that you'll have the income you need to do more of what you love in retirement.
Types of Annuities
Finding the right annuity for your financial goals in Austin, TX starts by understanding the four main types, each of which has specific characteristics and offers some protection, either for the investments or even the income being paid, that can vary by the insurance company offering them:
Benefits of an Annuity
Annuities in Austin, TX complement other retirement investments and sources of income giving you security over your income and flexibility to do the things you want to do in life.
If you value the security of a regular income for a fixed term or for the rest of your life, then an annuity could be a suitable investment option for you. You can enjoy the certainty that your income won't be impacted by the performance of the share market.