What If Part of Your Retirement Income Was Guaranteed?

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See your monthly income potential

Want to Know What Your Savings Can Actually Produce Each Month?

One of the biggest questions in retirement is simple: how much income can your savings really generate-and will it last. Many people worry about outliving their money or not having a clear plan for steady income. Guaranteed income annuities are designed to convert a portion of your savings into a predictable stream of income that can last for life. Community Choice helps you evaluate these options clearly so you understand how the income works before making a decision.

When guaranteed income may make sense

Situations Where Guaranteed Income Annuities May Fit

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Creating a Retirement Paycheck

If you want income that shows up consistently, these strategies can turn savings into a structured monthly payment you can plan around.

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Planning for Longevity

If you're concerned about living longer than expected, lifetime income options can help ensure you continue receiving payments regardless of how long you live.

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Reducing Dependence on the Market

If market fluctuations make you uneasy, guaranteed income can provide stability that doesn't rely on investment performance.

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Coordinating Income for Couples

If you're planning with a spouse, joint payout options can help ensure income continues for both partners.



How guaranteed income annuities work

How Guaranteed Income Annuities Work

At a high level, these strategies convert a portion of your savings into a stream of income based on your age, timing, and selected payout option.

Immediate Income Annuities

Income starts shortly after funding, making them useful for those already in or near retirement.

Deferred Income Annuities

Income begins at a future date, allowing payments to be higher later in retirement.

Lifetime Income Structure

Payments can continue for as long as you live, regardless of market conditions.

Based on Contract Terms

Your income amount depends on the terms selected, including payout option, age, and timing.

Choose how your income continues

Payout Options That Shape What Happens Next

The way your annuity is structured affects both your income and what happens to the money over time.

Life-Only Income
Provides the highest possible payment, but income stops when you pass away.

Life With Period Certain
Guarantees payments for a minimum number of years, even if you pass away early.

Joint Life Income

Continues payments for both you and your spouse, helping protect household income.

Refund or Cash Value Options
Some structures provide a return of unused funds to beneficiaries, depending on the contract.

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What to ask about guaranteed income

Questions to Ask Before Choosing an Income Annuity

  • How much monthly income will this create based on my situation?

  • When do payments start, and how long do they last?

  • Are there optional income riders, and what do they cost?

  • What payout options are available, and how do they affect income?

  • What tradeoffs am I making between higher income and leaving money behind?

These questions help you evaluate the structure clearly and make decisions you can feel confident about.

Common pitfalls in income planning

Common Mistakes That Can Impact Long-Term Income

  • Choosing Income Without Understanding the Tradeoffs
    Higher payments often mean fewer guarantees for beneficiaries. Understanding this balance is key.

  • Waiting Too Long to Plan Income
    Delaying decisions can limit your options or reduce flexibility. Planning earlier gives you more control.

  • Not Comparing Payout Options
    Different structures can lead to very different outcomes. Reviewing them side by side helps clarify your priorities.

  • Skipping a Personalized Illustration
    General estimates don't reflect your actual situation. Seeing real numbers tied to your details makes decisions clearer.

Take the First Step Today

Ready to See What Your Income Could Look Like?

Most people don't need more theory-they need real numbers they can evaluate. Community Choice helps you request personalized income illustrations so you can compare options and understand exactly what your retirement income could look like.

Whether you're in Omaha, Lincoln, Grand Island, Hastings, or Scottsbluff, you can meet in person, by phone, or by video to review your options and get clear next steps.