Annuities convert a lump sum or a series of contributions into a stream of guaranteed income, so your retirement paycheck does not run out. Family Life Solutions compares fixed and indexed annuity options so retirees can match income to the plan they already have.
Illustrative sample only. Actual annuity rates and terms vary by carrier, product, deposit amount and age, and are not guaranteed until a contract is issued.
An annuity is a contract with an insurance carrier that converts your savings into a stream of income, either right away or starting at a future date. Depending on the type, an annuity can offer a guaranteed interest rate, growth linked to a market index, or income you cannot outlive, no matter how long you live.
Retirees around Clarksville and Nashville often use an annuity to cover essential monthly expenses so Social Security and other income sources are not carrying the full load. For military retirees near Fort Campbell, an annuity can also help smooth out income alongside a pension that may not be adjusted for inflation every year.
Certain annuity types can provide income payments for life, removing the risk of outliving your savings.
Fixed and fixed indexed annuities are designed to protect your original principal from market downturns.
Earnings inside an annuity generally grow tax-deferred until you begin taking withdrawals or income.
Every annuity works differently. Les compares real numbers with you before you commit.
Pays a guaranteed, predictable interest rate for a set period, similar in feel to a CD with tax deferral.
Credits interest based on the performance of a market index, with principal protection and a cap on gains.
Converts a lump sum into income payments that can begin right away, often for the rest of your life.
Tell Les when you want income to start and how much of your savings you want protected.
Les compares fixed and indexed options from multiple carriers and shows the real numbers side by side.
Choose the option that fits, complete the paperwork, and set your income to start on your schedule.
Local annuity coverage details for towns across the Clarksville-Fort Campbell trade area.
See all service areas.
An annuity is a contract with an insurance carrier where you contribute money, either as a lump sum or over time, in exchange for guaranteed income later, or in some cases immediately. Different annuity types offer different combinations of growth, protection and income.
Fixed and fixed indexed annuities are designed to protect your original principal from market losses, subject to the terms of the specific contract and any early withdrawal charges.
An indexed annuity credits interest based on the performance of a market index, but your money is not directly invested in the market. Gains are typically limited by a cap or participation rate, and principal is generally protected from index losses.
It depends on the annuity type. Immediate annuities can begin paying income right away, while deferred annuities are designed to grow for a period before income starts on a schedule you choose.
Yes. Family Life Solutions serves Clarksville, TN and the surrounding Fort Campbell, Oak Grove and Hopkinsville, KY communities, and Les is licensed in TN, KY, OH, VA, TX and NY.
Talk with Les about fixed and indexed annuity options built around your retirement timeline.
Tell us a bit about what you're looking for and Les will follow up with your exact numbers.
Your information has been sent to Lesley David Varisce at Family Life Solutions, who will call with your exact numbers within one business day.
Illustrative sample only. Actual annuity rates and terms vary by carrier, product, deposit amount and age, and are not guaranteed until a contract is issued.
