A number of the annuity products currently on the market can help provide a secure stream of income during retirement. Some annuities that may be suitable for your unique situation are fixed annuities, with principal protection and no market exposure, and fixed index annuities, with principal protection and the potential for higher earnings with increases in a linked Market Index.
Riders are usually available, for an additional annual premium, to include protection against inflation and other benefits. Some of the policies available will include an up-front bonus that begins earning interest along with your premium amount immediately.Some of the features that are available to you through fixed index annuities are bonuses, various crediting methods, and allocation options that give you choices for your money.