Women have longer life expectancies than men, making lifetime income annuities especially valuable. A fixed indexed annuity with a lifetime income rider provides guaranteed income for life, regardless of how long you live. An independent agent can compare annuity options for women.
Key Points
- Women: longer life expectancy — lifetime income annuities especially valuable
- Fixed indexed annuity with lifetime income rider: guaranteed income for life
- Cannot outlive the income stream
- Joint and survivor option: provides income for both spouses
- An independent agent can compare annuity options for women