Please ensure Javascript is enabled for purposes of website accessibility Skip to main content

Annuities

Invest in a secure future.

Annuities provided by Gary Thacker Insurance.

Home » Personal Insurance » Annuities

Annuities can be a valuable investment, but there are risks to consider. Our experts will help you decipher the different types of annuities so you can decide whether this type of investment is right for you.

Extended Care: A Patchwork of Possibilities

What is your plan for health care during retirement?

Charitable Giving: Smart from the Heart

Do you have causes that you want to support with donations?

The Latte Lie and Other Myths

Check out this video to begin separating fact from fiction.

How do they work?

Annuities are the main way of turning a pot of cash into an income stream. In very simple terms, they work like a life insurance policy in reverse–you pay them a lump sum upfront, then they pay you regularly until you die.

What are the risks involved?

There are two specific types of risk with annuities. The first is the risk that you die early and, thus, don’t receive as much money back as you paid upfront.

Available in fixed and variable options.

The second risk only applies to some forms of annuities. You can get annuities that pay a fixed amount, often based on factors such as your age, gender, and health status when you buy the annuity. However, you can also get variable annuities in which the insurer invests the money, meaning the amount you receive depends on the performance of the investments. To mitigate this risk, you can opt for the middle-ground of an index-linked annuity.

Are they the right investment for you?

Whether annuities are right for you and what level of risk is appropriate will depend on your financial circumstances. You’ll also need to carefully consider the tax implications, particularly if you want to retire early.

Contact us today to discuss your options.

Annuities - Couple Embracing in the Morning Sunlight at Home

Get Started Today

As an independent agency, we are here to help you find the right Annuities coverage.

Get a Quote

  Annuities Quote Request

As an independent agency, we are here to help you find the right coverage.

  • By clicking Submit, you expressly authorize Gary Thacker Insurance and its partners to call/text you with non-marketing and marketing offers and reminders at the number you provided, which you certify is your own number, including through the possible use of automated technology and recorded messages. You are not required to consent in order to participate as you may reach us by calling instead.

  • This field is for validation purposes and should be left unchanged.

Get a Quote

It only takes a minute to get started.

  • Fill out the form, we’ll be in touch.
  • Review options with an agent.
  • Get the coverage you need.

Would you rather discuss this in person? Get in touch with an agent today!