Allison Insurance can help eliminate the worries of outliving your income and savings by offering annuities that are designed to provide a reliable cash flow throughout your retirement. Our Sherman, TX insurance advisers can help you choose from a range of flexible plans that will allow you to protect your savings and generate a reliable stream of income for your golden years.
There are various benefits to purchasing an annuity to supplement your retirement including:
Receive a fixed monthly payment for life when you pay upfront. A fixed annuity provides you with a steady income that remains unaffected by market changes.
Variable annuities offer guaranteed income for life, in addition to the potential increase earnings from underlying investments. Despite a certain level of risk, this type of annuity offers the chance to significantly boost income while offering flexible payout options.
There are two primary forms that annuity payouts can take. Both have unique benefits, and drawbacks.