My interest income, after paying income taxes, is not enough to meet the increasing costs of living.

I need to increase my monthly interest income without adding any investment risk.

SOLUTION

With an annuity, it is possible to increase your after-tax income for either more monthly income right now.. .or more monthly income starting at some later date you pick. . .and lasting for your lifetime and beyond.

With an annuity, there's no market risk. Your money is safe, so you can count on the return of 100% of your money, in addition to a return on your money

I understand I can increase my current income or the tax-deferred growth of my assets by transferring some of my CDs, Mutual Funds, Money Markets, stocks, etc...into annuities, but I don't want to incur the transfer costs involved with such transactions.

SOLUTION

With a bonus annuity, it is possible to increase your principal by 5% immediately which will help recover transfer costs.