Retirement Income That Never Runs Out

Transform your savings into a lifetime of guaranteed monthly income. Retirement should be about living, not worrying.

Retirement is your time to relax, explore, and enjoy the life you've worked so hard to build. But behind the excitement, a critical question remains: "Will my savings last?" With an income annuity, you can move forward with confidence, knowing you’ll have a steady income for life.

What is a guaranteed income annuity?

A Guaranteed Income annuity is a financial product that converts your savings into guaranteed income for life or a specified period, ensuring your financial needs are met even after your paycheck stops. Whether you're seeking lifetime income or greater flexibility in payout options, income annuities can be customized to match your unique retirement goals.

Why choose an income annuity for your retirement income?

Guaranteed income for life Guaranteed income for life

Imagine the peace of mind that comes from knowing you will receive a steady income no matter how long you live. Income Annuities ensure your income never runs out.

Customizable payout options Customizable payout options

You choose how and when you receive your payments, whether monthly, quarterly, or annually. You can also decide between lifetime payments or a fixed period.

Inflation protection Inflation protection

Some income annuities offer optional riders that adjust your payouts for inflation, helping you maintain your purchasing power throughout retirement.

Tax-deferred growth Tax-deferred growth

Money invested in an annuity grows tax-deferred until withdrawals begin, allowing your savings to accumulate faster.

Flexible terms Flexible terms

Annuities offer a range of terms and benefits, allowing you to align the payout structure with your retirement goals.

For details on annuity options and payouts various financial institutions offer, please consult an insurance and financial professional for personalized information and guidance. Note that state restrictions may apply.

Let's Discuss Guaranteed Income Annuities
Alex Murphy

Alex Murphy

Insurance Broker
CAP®, MBA

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Strategic Guidance for Lasting Success

Personalized Insurance & Financial Solutions

As a Life & Health Insurance Agent, I am committed to helping my clients secure their financial future with personalized insurance solutions.

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About Me
20 Years of industry experience

I am an accomplished Life and Health insurance agent with over 10 years of experience. I am known for my empathetic approach and deep understanding of the complexities of life and health insurance; I have a proven track record of providing clients with personalized insurance solutions that meet their unique needs. My mission is to empower my clients through education and personalized service, ensuring they make informed decisions about their insurance needs. I am committed to building relationships based on trust and integrity, providing peace of mind through tailored insurance solutions.

Murphy Insurance Agency

Murphy Insurance Agency

2929 Chicago Avenue, #501 Minneapolis, MN 55407

(526) 981-0324

Guaranteed Income Annuities - How does it work?

You make a one-time or series of payments to an insurance company

Step 1

You make a one-time or series of payments to an insurance company.

Your investment grows tax-deferred over time

Step 2

Your investment grows tax-deferred over time.

Once you retire, the insurance company provides you...

Step 3

Once you retire, the insurance company provides you with a consistent income stream, either for a set number of years or for life.

For details on annuity options and payouts various financial institutions offer, please consult an insurance and financial professional for personalized information and guidance. Note that state restrictions may apply.

Who benefits from income annuities?

Income Annuities are perfect for pre-retirees and retirees who want the assurance of a predictable, lifelong income source. Annuities can be an ideal solution if you're concerned about outliving your savings, dealing with market volatility, or want to supplement your Social Security benefits.

Benefits from income annuities

Ready to secure your retirement?

Think of your retirement plan as a house. Social Security, savings, and investments are strong pillars, but adding an income annuity strengthens your foundation, ensuring it stands firm through any financial storm.

Why Expert Guidance is Essential

Tailored solutions for your unique needs

Because your values and goals are personal to you, a one-size-fits-all solution simply won't do.

Get the ideal solution for you

Consulting with an experienced professional can help you explore options to find the right balance of benefits tailored to your needs.

Together for the long haul

As your life evolves, so do your needs. I'll be there to help you every step of the way.

We have got you covered

Lifetime income you can count on. Let’s discuss guaranteed income annuities.

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