Worried Social Security Won’t Be Enough? Here’s a Strategy to Look At

2 days ago 5

Christy Bieber

Tue, December 9, 2025 astatine 9:00 AM CST 4 min read

Social Security Card, benefits connection and 100 dollar bills. Social information funding, payment, status and national authorities benefits concept

Social Security replaces lone 40% of pre-retirement income and cannot prolong astir retirees’ surviving standards.
Annuities connection beingness income guarantees and tax-deferred growth.
64% of Americans fearfulness moving retired of wealth much than death, and an annuity could beryllium a bully solution for this fear.
If you’re reasoning astir retiring oregon cognize idiosyncratic who is, determination are 3 speedy questions causing galore Americans to recognize they tin discontinue earlier than expected. instrumentality 5 minutes to learn much here

Many pre-retirees and existent retirees stock 1 interest astir their aboriginal years: They fearfulness that they are going to tally retired of wealth excessively soon and not person capable to unrecorded on.

This is not an unfounded fear. Americans are, generally, redeeming excessively small for retirement. And portion Social Security benefits are going to beryllium determination for seniors and should past for life, these benefits lone regenerate astir 40% of pre-retirement income, and that is not capable for anyone to support their modular of living. That's particularly existent fixed that healthcare costs thin to summation dramatically arsenic you age.

So, what tin you bash if you are disquieted that your Social Security benefits are going to extremity up lacking and you'll autumn abbreviated of the funds you request to enactment yourself erstwhile you person nary much paychecks? Here's 1 strategy to consider.

One imaginable attack to backing your retirement, on with Social Security, is to acquisition an annuity. Annuities tin beryllium an perfect prime for those who privation a unchangeable income and who don't privation to slope their status information connected the show of the banal marketplace alone.

When you bargain an annuity, you acquisition it from an security company, and you wage for it successful either a lump sum oregon by making payments implicit time. Your annuity is capable to turn connected a tax-deferred basis, which is simply a bully boost to your savings from Uncle Sam. Your annuity continues to turn without you owing taxes connected the gains until you statesman making withdrawals from it.

Your annuity past pays retired either a lump sum oregon provides a dependable watercourse of income for a acceptable play of time.

In galore cases, you tin opt for an annuity that provides you with lifetime income. This makes it an perfect supplement to Social Security. Your status benefits from the authorities are guaranteed to past arsenic agelong arsenic you are inactive alive, and your annuity tin beryllium too, truthful you tin make a precise predictable and precise reliable root of beingness income for yourself without worrying astir moving your accounts adust successful your aboriginal years.