Veteran-Owned · Licensed Independent Insurance Agent · 16 States · NPN 16025160 (407) 800-1380 · guy@gjretirementsolutions.com
Annuities · Veteran-Owned Agency

Turn Your Savings Into Income You Can't Outlive

An annuity is a contract with an insurance carrier that turns a lump sum or series of payments into guaranteed income, often for life. Guy Jean, a U.S. Navy veteran and licensed independent agent, compares fixed and fixed indexed annuities from carriers like F&G and National Life Group so you can see the real numbers before you commit.

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  • 3 Annuity Types Compared
  • Veteran Owned
  • $0 Cost to Talk
Your lifetime income Illustrative
$1,600/mo

from a $300,000 premium, single life at 65

Premium to convert
$
Your age
Income for
Estimated annual income$19,200
Illustrative payout rate6.40%
Income durationLife

Illustrative sample only. Payout rates, guarantees and surrender terms are set by the issuing carrier and vary by product, age and state. Guy quotes your real numbers from the carrier.

An annuity is a contract with an insurance carrier: you hand over a lump sum or a series of payments, and the carrier promises income back to you later, in most cases guaranteed for life. Fixed and fixed indexed annuities protect your principal from market losses while turning savings into a retirement paycheck.

Why Retirees Buy Them

The One Paycheck That Never Stops

Pensions are mostly gone. An annuity rebuilds that floor of guaranteed income underneath everything else you have saved.

Money arrives every month

A set amount lands in your account on schedule for as long as you live, whatever the market is doing that year.

A bad year cannot shrink your base

Fixed and fixed indexed contracts shield your contributions from market losses, so a downturn does not cost you principal.

Gains compound without a yearly tax bill

Growth inside the contract is tax deferred, so more of it keeps working. Taxes come due when you take the money out.

Your spouse keeps getting paid

Joint-life options continue the income to your husband or wife after you are gone, so the household budget survives you.

Riders that match your actual plan

Add inflation adjustments, a long-term care benefit or a death benefit so the contract solves your problem, not a generic one.

A carrier strong enough to pay

Every guarantee rests on the issuing insurer. Guy places annuity business with established carriers including F&G and National Life Group.

Know Your Options

Three Common Annuity Types

Each one trades growth, protection and access differently. Guy walks you through which trade fits your timeline.

Fixed AnnuityCertainty first

A guaranteed interest rate for a set term, similar in shape to a CD but issued by an insurance carrier. The simplest way to protect principal and still earn.

  • Rate is locked and predictable
  • Principal protected
  • Often used instead of a CD
Fixed IndexedGrowth with a floor

Interest is tied to a market index such as the S&P 500, with a floor at zero. You share in the up years and sit out the down ones.

  • Upside participation, subject to a cap
  • No loss from market drops
  • Income rider available
Immediate IncomePaychecks now

Convert a lump sum, often a 401(k) or IRA rollover, into guaranteed monthly income that can start within a year and continue for life.

  • Income begins right away
  • Single or joint life
  • Nothing to manage afterward
Why It Matters

How an Annuity Fits Into Your Retirement Plan

Social Security and a pension, if you still have one, rarely cover every expense in retirement. An annuity fills that gap with guaranteed income, so a market downturn does not force you to change how you live. Guy reviews your whole retirement picture, Medicare included, before he names a carrier or a product.

How It Works

Your Income Plan in Three Steps

No obligation, no jargon, and no cost to you.

01

Map what you need

Guy looks at your savings, your timeline and how much guaranteed income the plan has to produce each month.

02

See the real numbers

Fixed and fixed indexed options from multiple carriers, side by side, with the caps and the surrender period spelled out.

03

Turn the income on

Pick the contract that fits and Guy handles the paperwork. He is still your agent when your situation changes.

Common Questions

Annuities FAQ

How does an annuity work?

An annuity is a contract with an insurance carrier where you deposit a lump sum or series of payments in exchange for guaranteed income later, often for the rest of your life. Fixed and fixed indexed annuities protect your principal while still allowing for growth.

What is the difference between a fixed and a fixed indexed annuity?

A fixed annuity pays a set interest rate for a set period. A fixed indexed annuity's growth is linked to a market index like the S&P 500, with a floor that protects your principal from market losses while allowing for higher potential growth than a traditional fixed rate.

Can I lose money in an annuity?

Fixed and fixed indexed annuities are structured so your principal is protected from market downturns. Surrender charges can apply if you withdraw more than the allowed amount early, which is why matching the annuity's term to your timeline matters.

Are annuities only for people who are already retired?

No. Many people purchase an annuity years before retirement to lock in future guaranteed income, while others use one immediately at retirement to convert a lump sum, like a 401(k) rollover, into steady monthly income.

Related Coverage

Often Paired With Annuities

See What Guaranteed Income Looks Like for You

Fixed and fixed indexed options side by side, with the caps and the surrender period spelled out.

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