05/08/2026
"What exactly IS an annuity?"
We get this question a lot. Here's the short version:
An annuity is a contract between you and an insurance company. You put in money (either all at once or over time) and in return, the company guarantees you regular payments, either starting now or at a future date.
Think of it as a way to create your own paycheck in retirement. It's not for everyone, but for people who want predictable income and don't want to outlive their savings, it can be a really solid tool.
There are a few different types (fixed, variable, indexed) and the right one depends on your goals. Drop a question in the comments or send us a message. We're happy to walk you through it, no pressure.