Sunshine and Security: How Annuities Let You Enjoy Retirement on Your Terms
June 17, 2025
Retirement can be such an exciting time. For many of us, it’s the first chance we’ll get to live life without the day-to-day responsibilities of work or caring for children. You can explore new passions, travel, volunteer, or simply enjoy having free time to spend with loved ones.
These dreams are only made possible, however, with some kind of financial stability. This article explores how annuities can help create that stability and offer the security and confidence you need to enjoy the freedom of retirement.
What Annuities Are and Why They Matter in Retirement
Annuities are financial products designed to provide a steady income stream, usually to be used in retirement planning. Some of the main advantages include:
- Predictable income payments
- Protection from market volatility
- Tax-deferred growth
- Customizable payout options based on your goals
All of these benefits add up to less financial stress and more time to sit back and enjoy your retirement. Whether you’re recently retired or planning ahead, annuities are a great way to invest in your dream retirement lifestyle.
Enjoying Retirement on Your Terms
Financial freedom in retirement means that you get to choose how you spend your time, without worrying about outliving your savings. Annuities allow retirees to:
- Travel with confidence
- Take on hobbies or part-time work for the joy of it, rather than necessity
- Help adult children or grandchildren when they need it
- Maintain a sense of independence and dignity in later years
The steady income that annuities provide ensures that you’re free to create a retirement on your own terms — whether that means traveling to Italy for an extended holiday or helping a grandchild with college tuition.
How Annuities Support a Lasting Legacy
Annuities don’t just support a more joyous lifestyle. They can also support your legacy. Structured correctly, an annuity can support long-term goals such as:
- Providing for a surviving spouse
- Supplementing long-term care needs and not placing pressure on loved ones to cover these expenses
- Supporting charitable giving or community involvement
The safety net that annuities provide can extend beyond just ensuring that your retirement funds stretch far enough. They can also serve a purpose beyond yourself and support a lasting, loving legacy.
The 1891 Financial Life Difference
At 1891 Financial Life, we offer various MYGA and deferred annuity solutions. Each one is designed to fit real people’s retirement goals, not just financial projections.
As a fraternal benefit society that values service, stability, and community, we’re uniquely positioned to combine financial products with member-focused values. We’re here to make your retirement dreams a possibility, not just serve shareholders, and have more than 130 years of experience to support that endeavor.
Your Retirement, Your Way
Retirement should be filled with sunshine and bliss, not financial worry. Annuities can help turn your savings into the steady income you need to enjoy your life as a retiree with a sense of freedom and purpose.
Speak to an 1891 Financial Life representative today to learn how annuities can help support the retirement lifestyle you’ve worked so hard for. We’ll tailor the process to your needs and retirement dreams so that you get to do things your way.
About 1891 Financial Life
Our culture is about looking out — for you, for others, for family, for the community. That is how we go “Beyond Life Insurance.”
At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs. In 2023, 1891 Financial Life was listed by Forbes as one of "The World's Best Life Insurance Companies."
Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.