Annuities are often referred to as personal retirement plans. While there are different options available, they all have one thing in common: when you retire, annuity products are designed to guarantee a steady stream of income at a future point in time, helping you safeguard against the risk of outliving your assets. With Annuities, you can receive a fixed, guaranteed income, for life, while protecting you from potential loss, giving you the best of both worlds.