Annuities

At Ware Insurance of Texas, we offer more than insurance policies; we provide financial planning opportunities like annuities. Purchasing an annuity lets you plan ahead for retirement and have a guaranteed monthly payment to supplement your Social Security payments.

Investing for Your Future

Many individuals choose to purchase an annuity in lieu of or in addition to investing in a 401K. If you fall behind on investing in your 401K, you can catch up on planning for your future by investing in an annuity. You can purchase it outright or pay a little each month while you work. You can invest in an annuity as quickly as five or ten years or pay into it when you begin working. You fund it your way.

Why Annuities Make Sense

Ware Insurance understands that not every person manages money effortlessly. Not every person can maintain their current standard of living on just their Social Security. While stocks and cryptocurrency can fluctuate in price, as can the value of your 401K depending on your investment or earning method, an annuity retains its value. Think of it as buying a certificate of deposit.

When you buy an annuity, you’re purchasing a guaranteed monthly income after your retirement. You decide how much you’ll need to supplement what you’ll receive from other sources, such as Social Security, and purchase that in an annuity.

If you manage money wonderfully, but your spouse has trouble, you can protect your savings by ensuring that your spouse will continue to receive the monthly income from the annuity when you pass away. This helps your spouse manage the money appropriately, rather than providing a large sum.

Contact Us Today

Let Ware Insurance of Texas help you plan for your retirement. Our friendly, helpful insurance agents can assist you in choosing the right annuity plan for your age, marital status, and job situation. Call or email us today for more information on obtaining the right combination of insurance for you.