The Powerful Benefits of a Fixed Income Annuity

When you’re nearing retirement—or already enjoying it—one of the biggest questions on your mind is probably this: Will my money last as long as I do?

Enter the fixed income annuity.

Think of it like a personal pension. You give an insurance company a lump sum (often from your retirement savings), and in return, they promise to pay you a guaranteed income for the rest of your life—no matter how long you live.

It’s simple, stable, and designed to help you sleep better at night. Let’s walk through some of the biggest benefits and why a fixed income annuity might be a valuable piece of your retirement puzzle.

Guaranteed Income for Life

This is the biggest draw. Once your payments start, you’ll receive a predictable, steady stream of income for the rest of your life. That means you never have to worry about outliving your money—a fear many retirees face. This feature alone can offer powerful peace of mind.

Peace of Mind in an Unpredictable World

Markets rise and fall. Interest rates change. But your annuity check? It stays the same. That stability can dramatically reduce financial stress during retirement. No more guessing games or watching the market with a pit in your stomach.

Simplicity at Its Finest

A fixed income annuity isn’t complicated. You pay a lump sum, and in return, you receive a fixed payment—monthly, quarterly, or annually. No ongoing investment decisions. No maintenance. Just income you can count on.

Protection from Market Volatility

Unlike stocks, bonds, or mutual funds, your annuity income doesn’t fluctuate with market changes. That makes it a great fit for conservative investors who prioritize security and consistency in retirement.

Legacy Options for Loved Ones

Worried about “losing” your investment if you pass away early? Most annuities offer optional features like a “period certain” rider, which guarantees payments for a set number of years—even if you’re no longer here. There are also death benefit and refund options to help protect your legacy.

Joint Lifetime Options for Couples

Want to make sure your spouse is also protected? Many annuities allow for joint lifetime payouts, which means income continues as long as either of you are alive. It’s a smart move for couples who want to build long-term financial security.

So, is a fixed income annuity right for you?

There’s no one-size-fits-all solution in retirement planning—but for many, income annuities offer a powerful combination of security, simplicity, and peace of mind.

If you’re curious how much income a fixed annuity could provide based on your age and investment amount, we’d love to run the numbers for you.

At Iowa Retirement Benefits & Solutions, we help individuals and couples create clear, customized retirement plans that prioritize confidence and clarity.

Let’s make sure your money lasts as long as you do—and beyond.

Ready to Take Control of Your Retirement?

Schedule a free and confidential strategy discussion today!

Email us at info@iowaretirementsolutions.com
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Investment advisory services are offered through Fusion Capital Management, an SEC registered investment advisor. The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. SEC registration is not an endorsement of the firm by the commission and does not mean that the advisor has attained a specific level of skill or ability. All investment strategies have the potential for profit or loss.