Choosing the Best Company for Retirement Annuity

Online, March 16, 2010 (Newswire.com) - OVERLAND PARK, KANSAS - March 12, 2010 -- Baby boomers are redefining retirement, and are looking for new ways to finance it. Improved medical care means longer life spans, so retirement funds have to last longer than ever. Those at, or near retirement, want guarantees that they will not outlive their money.

"We spend our working lives saving for retirement," said Craig Hernke, President and Founder of BuyAPension.com. "When the day finally comes, we need to know how to spend the money we've saved so that it doesn't run out."

Investing retirement assets in an annuity can provide that protection, but choosing the right annuity company can be complicated. At BuyAPension.com, those planning for retirement can find simple solutions that offer annuity income throughout retirement, no matter how long you live.

The BuyAPension.com web site includes interactive tools that demonstrate how an annuity provides retirement income that will last for a lifetime. Users can request free annuity quotes and speak to an annuity specialist who will answer all their questions in a straightforward, understandable way. The process to buy an annuity at BuyAPension.com is fast and easy.

BuyAPension.com will help boomers understand how annuities work, what the guarantees are and what the tax advantages are. The site explains how much income you can expect in retirement, based on the amount of your investment, and can show different options for couples who want to invest in a joint annuity to last throughout both of their lives. BuyAPension.com is essentially an insurance annuity for retirees. Modeling tools show the impact of inflation, taxes and health care costs.

"You've worked hard to save for a comfortable retirement," said Hernke. "Make sure that money lasts for the rest of your life."