Income for life, no matter how long you live.
Sam and Alice had long, rewarding careers, and they want their retirement to be just as rewarding. A fixed immediate annuity helped them ensure that part of their savings would last the rest of their lives – so they can enjoy their retirement years.
Just one month after they purchased their annuity, Sam and Alice received their first income check – and they’ll keep getting one every month for the rest of their lives. It provides regular monthly income like social security.
Alice and Sam know they can depend on their annuity income check to help cover property taxes, medications, utility bills and more. They may even have money left over to enjoy lunch out with friends, going to the theater and other activities.
Since their annuity helps cover their basic expenses, Sam and Alice feel more comfortable spending their savings on fun things, like trips in their RV and buying lots of presents for their grandkids. They know they can trust New York Life to make income payments for the rest of their lives.
What You Should Know
55% of retirees
underestimate their life expectancy1
Get the facts on life expectancy and how it affects your savings plan.Read More
Length of time an average couple’s savings last2
Find out if you have enough money to last a lifetime.Read More
2 to 1
Annuity owners are 2 times as likely to be confident in their retirement savings3
Find out how owning an annuity can help you maintain financial independence in retirement.Read More
If you have questions, New York Life is here to help.
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