Real Clients Talk about What Having Guaranteed Income Feels like During a Market Meltdown

Published April 16, 2020
Blueprint Income's immediate annuity clients share how the guaranteed income they receive each month is bringing them peace of mind and helping to navigate the volatile market environment.

It’s been a rough start to the year for stock market investors, especially since mid-February. The coronavirus has wreaked havoc on our lives, on the economy, and on the stock market. Having guaranteed income in retirement, whether from a pension or an income annuity, is especially valuable at times like these.

If all of your spending needs are covered by guaranteed lifetime income sources, that means you don’t have to withdraw from your portfolio when stock prices are at a low. That helps you participate in the recovery if the stock market rebounds. Guaranteed income allows you to think of your stock portfolio as a long-term investment and not get scared by the volatility.

But don’t take our word for it. Recently, we asked several clients who recently purchased an income annuity to tell us what having lifetime income coming in during this difficult time has meant for them. Here’s what they had to say:

Bruce, Florida, Age 81

“As you might remember, I purchased a number of single premium immediate annuities over the ten-year period from 2009 to 2018 including the last one through you in late 2018. Although I have a portfolio of stocks and bonds and haven’t enjoyed watching its value decline, I have taken great comfort in knowing that I have regular reliable income from my small pension, Social Security and considerable guaranteed annuity income from strong insurance companies. In these unique and difficult times with the future somewhat cloudy, I can be confident I have my basic needs as well as comforts secured through these sources of revenue regardless of how long I live.”

Phil, Texas, Age 79

“The 8-1/2% comes in every month. It’s great not to have to worry. We guessed correctly. Thanks.”

Victoria, California, Age 73

“I am very thankful and appreciative of Lincoln for their dedication and professionalism. I have been able to count on my check to be deposited on time every month since I began using them.”

Jane, New York, Age 72

“I just want to tell you how great it is to have the security of regular income coming into my account from my immediate annuity! I am also glad that I locked in a 5-year fixed annuity last year at a decent rate! It is especially reassuring during this unprecedented time, when the markets are plummeting and my stock fund dips are too scary to look at. Thank you for all of your help in guiding me to the right annuities for me.”

Doug, Florida, Age 70

“If you haven’t taken advantage of securing guaranteed income for the rest of your life through the purchase of a suitable annuity product, I would strongly recommend that anybody who can should do so now. This financial tool has given me great peace of mind in “normal” times, but even more so in these economically uncertain times that we are living through now.”

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Have a question? Please give us a call at (888) 867-7620 or email us at [email protected]. We’d love to help!


Blueprint Income

Blueprint Income

Financial Planning Professional

We are a team of finance, insurance, and actuarial professionals working to make it easier for everyone to achieve a steady and comfortable retirement. We write about annuities (the good and the bad) and provide strategies to help Americans prepare for retirement.

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