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People are living longer, and annuities can help your savings last as long as you do! “Living Longer, Living Better …with annuities, -is the mantra of American Annuity Advocates. Fixed and fixed-indexed annuities enable you to take the risk out of retirement, so you can sleep better at night.
“Research shows that the road to retirement satisfaction is paved with good health and financial well-being. In particular, retirees who finance their retirement with annuities tend to maintain higher levels of satisfaction over time than those drawing income from liquid savings”.
When you place your savings in a Tax-Deferred Annuity, the United States Government, in an effort to give each and everyone of us an opportunity to fund our own retirement, allows our money to grow tax-deferred until we need to draw upon this money in our retirement years. Tax-deferred growth, safety, and liquidity are the chief reasons why tens of millions of people around the world are attracted to annuities.
(Source) Panis, Constantijn W.A. Annuities and Well-Being, Pension Research Council of the Wharton School of the University of Pennsylvania, 2003.
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