Both Indexed Universal Life Insurance (IUL) and annuities offer compelling benefits for safe, long-term income. But which one is right for your retirement goals?
What Is an Annuity? An annuity provides guaranteed lifetime income, usually starting at retirement. You contribute money, and in exchange, you receive predictable payouts regardless of market performance.
How IULs Differ:
- IULs focus more on growth and tax-free access
- Annuities are more about security and guaranteed income
- IULs allow more flexibility and potential higher returns
Which Should You Choose? If you’re younger and want flexibility, IULs may be better. If you’re older and want stable, predictable income, annuities might be the way to go. But in many cases, a combination strategy is ideal.
Book your free strategy session to compare IULs and annuities tailored to your needs.
