brightpeak’s Guaranteed Retirement Plan, a fixed annuity, fills this gap by providing a guaranteed stream of income when you retire until the end of your life.
A fixed annuity is a contract between you and your insurance company that allows you to contribute money every month over time and receive fixed payments (kind of like a paycheck) when you reach a certain age in life. When you enroll in our Guaranteed Retirement Plan, you begin receiving payments when you retire.
The money you contribute to your Guaranteed Retirement Plan buys you income to prepare for your future expenses, and unlike a savings account, you can’t run out of money—no matter what.*
Mike contributes a $250 per month premium to his Guaranteed Retirement Plan.
At 68 years old, he’ll receive a guaranteed lifetime annual income of:
$16,847 per year
($1,404 per month).
With dividends, this could reach:
$22,545 per year
($1,879 per month).*