Insurance Advisory

Annuities

Turn savings into income you won't outlive.

An annuity can convert a portion of your savings into guaranteed income for life — addressing the one risk markets can't solve: outliving your money.

An annuity is a contract with an insurance company. In exchange for your premium, the insurer can provide tax-deferred growth and, when you're ready, a stream of income — including options for guaranteed income for life. Fixed annuities offer a set interest rate and principal protection; fixed-indexed annuities credit interest based on a market index within a cap and floor. Used appropriately, annuities address longevity risk — the very real possibility of outliving your savings — and add a predictable, paycheck-like layer to retirement.

Annuities also have trade-offs, including surrender periods and limited liquidity, so suitability matters. We help you weigh them honestly.

How They Help

What annuities can offer

Guaranteed income options

Income you can't outlive, including lifetime payout options.

Tax-deferred growth

Earnings grow tax-deferred until you withdraw them.

Principal protection

Fixed annuities protect your principal from market loss.

Longevity protection

A predictable income layer that lasts as long as you do.

Who It's For

For retirement income certainty

Annuities tend to fit people focused on stable, lasting income:

  • Pre-retirees and retirees who want guaranteed, predictable income.
  • Those worried about outliving their savings.
  • People seeking principal protection for a portion of their assets.
  • Anyone wanting to complement Social Security with another income floor.

Keep Exploring

Related solutions

Questions

Good to know

Are annuities safe?

Annuity guarantees are backed by the claims-paying ability of the issuing insurance company — not the government — so the insurer's financial strength matters. Fixed annuities protect principal from market loss. As with any financial product, suitability depends on your situation, and we focus on matching the right type to your goals.

What types of annuities are there?

Broadly, fixed annuities (a set interest rate), fixed-indexed annuities (interest credited based on an index, within a cap and floor), and income/immediate annuities (which begin paying income soon after purchase). Each serves a different purpose; we help you understand which, if any, fits.

What about liquidity and fees?

Annuities are long-term vehicles and typically have a surrender period during which withdrawals above a set amount may incur charges; withdrawals before age 59½ may also face tax penalties. That's why we treat an annuity as one part of a plan and size it so you keep appropriate liquidity elsewhere.

Insurance and annuity products are offered through licensed professionals and affiliated brokerages, based on a suitability assessment of your needs. Product features, riders, and availability vary by state and by insurer. Guarantees are backed solely by the claims-paying ability of the issuing insurer and are not guaranteed by Lithos or any government agency. This page is educational and is not a recommendation to buy any specific product. Annuities are long-term vehicles designed for retirement; withdrawals may be subject to surrender charges and, if taken before age 59½, possible tax penalties. Annuities are not bank deposits, are not FDIC insured, and are not guaranteed by any bank.

Let's build something that lasts.

A conversation costs nothing and clarifies everything. Tell us where you are, and we'll show you what coordinated, layered planning can look like.