I’ve written about “tools” in previous articles.  June happens to be “annuity awareness month” in our industry, so I thought I would cast a spotlight on them within this article.  Annuities are simply tools that offer a few distinctive and unique benefits.  Primarily, I’ve made use of annuities within client plans to the extent we’ve needed durable income.  “Durable” implies that you can neither outlive the income, nor can the market take it away.

Only an annuity can provide such an income to compliment a pension, or Social Security.