Most Americans are not financial experts and tend to think that income planning is just too difficult and frustrating. Really though, "plan" is not a four-letter word. True, it does take a little time and a little effort, but a thorough plan can help you to provide an income stream to last a lifetime. Imagine living a retirement dream where savings never run out and the money you need to live on just keeps rolling in. Now pinch yourself, because it's not a dream, wake up and discover the world of annuities.
Let's keep it simple, an annuity is just another purchase. In exchange for a sum of money, an annuity guarantees regular payments for the rest of your life. You can choose other amounts of time if you prefer — say 10 years or 20 years, and you can choose to have payments continue to your spouse after you pass away — these are all options open to you based on what type of financial lifestyle you want to buy.
Interested? Take a look at our Deferred Annuity products. Talk with one of our Membership Representatives today about how Navy Mutual's Deferred Annuity Products can work for you. Call 800-628-6011.
Instant Income Using an Immediate Annuity
Don't want to wait for a deferred annuity to accumulate? Then look to an immediate annuity instead. With this plan, you are purchasing your guaranteed income right now and starting to take the payment immediately. Here is an example of how that plan will work to provide you the guaranteed payments you need, for as long as you need them.
The monthly payments shown are calculated based on a $100,000 single premium deposit and a guaranteed interest rate of 5% for a 65-year-old male. An immediate payment plan with a guaranteed stream of income.
- Guaranteed income for you
- Numerous payouts options provide you with flexibility
- No surrender charges, sales fees or commissions
- Guaranteed level payments
Interested? Take a look at our Single Premium Immediate Annuity today. Talk with one of our Membership Representatives today about how Navy Mutual's Immediate Annuity can work for you. Call 800-628-6011.