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Wealth planning


Protect your income so you can enjoy the activities you love today and beyond, hassle free.


An annuity is a long-term investment, issued by insurance companies, that help protect you from the risk of outliving your income. Based off of what you contribute (often called purchase payments), you will receive a fixed amount of pre-deteremined payments that can last for life.

Annuities are right for you if:

  • You want the security of a guarenteed income
  • You have a lump sum of principal to invest

How annuities help:

  • Give you peace of mind with a guaranteed income
  • You can customize your payments, so they continue for your lifetime
  • You receive guaranteed regular income payments
  • You can achieve financial comfort now and take care of your loved ones in the future
  • In some circumstances, you may be able to pay less tax up front

Fixed or variable annuities

Fixed annuities provide regular periodic payments to the policy holder and are often used in retirement planning.

Variable annuities allow the holder to receive larger future payments if investments of the annuity fund do well and smaller payments if its investments do poorly. This provides for less stable cash flow than a fixed annuity but allows the holder to receive the benefits of strong returns from their fund's investments.

Talk with an advisor to see which is best for you.
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Prospera Insurance Agencies Ltd. provides life, disability, and critical illness insurance, annuities, and full business solutions such as group benefit plans, succession planning, and business owner insurance.