Annuities
Guaranteed income for life — so you never have to worry about outliving your retirement savings.
RETIREMENT INCOME EXPERT
Turn Your Savings Into a Paycheck You Can Never Outlive
One of the biggest fears in retirement is running out of money. An annuity solves that problem by converting your savings into a steady, predictable stream of income — guaranteed for life. Michael Tycott has been helping retirees and pre-retirees across all 50 states build financial security through annuities for over 30 years.
As an independent agent with American Senior Benefits, Michael has access to a wide range of annuity products from top-rated carriers, giving you the options and the clarity you need to make a confident decision.
Retirement should feel like freedom, not fear. An annuity gives you the income foundation to actually enjoy the life you worked so hard to build.
Experience
30+ Years in Insurance
COVERAGE
Licensed in All 50 States
AFFILIATION
American Senior Benefits
Peace of Mind Is the Best Gift You Leave Behind
Social Security alone was never designed to fund a full retirement. With pensions becoming increasingly rare and market volatility putting 401(k) balances at risk, more and more Americans are turning to annuities as a reliable way to secure their financial future.
Michael Tycott works with clients to understand their retirement goals, income needs, and risk tolerance before recommending any product. The result is an annuity strategy that complements your existing assets and gives you confidence that your money will be there when you need it most.
Fixed annuities offer a guaranteed interest rate for a set period of time, making them one of the most straightforward and predictable retirement tools available. Your principal is protected, your growth is guaranteed, and your income is stable. Michael will help you compare fixed annuity rates across multiple carriers to find the best fit for your timeline.
Fixed Index AnnuitiesFixed index annuities allow your savings to grow based on the performance of a market index, such as the S&P 500, without exposing your principal to market losses. You participate in the upside while being protected from the downside. Michael will walk you through how indexing strategies work and which options align best with your retirement goals.
Income Riders and Lifetime Withdrawal BenefitsMany annuities come with optional income riders that guarantee a specific level of income regardless of how the market performs. These riders are powerful tools for retirees who want the security of a paycheck they cannot outlive. Michael will explain exactly how these features work and whether adding one makes sense for your plan.
GUARANTEED INCOME FOR LIFE
Annuities provide a reliable income stream you can count on no matter how long you live, removing the fear of outliving your retirement savings once and for all.
PROTECTED FROM MARKET LOSSES
Unlike stocks and mutual funds, many annuity products protect your principal from market downturns while still giving your money the opportunity to grow.
TAILORED TO YOUR RETIREMENT TIMELINE
Whether you need income now or in 10 years, Michael will match you with an annuity structure that aligns with your retirement date, income needs, and long-term financial goals.
YOUR RETIREMENT SECURITY PARTNER
Ready to Build a Retirement Income You Can Count On?
You have worked your entire life to reach retirement. Michael Tycott is here to make sure your savings work just as hard for you in return. With no cost for his guidance and no pressure to commit, getting the facts about annuities has never been easier.
A well-structured annuity is not just a financial product. It is peace of mind you can deposit every single month.
Frequently Asked Questions
What exactly is an annuity?
An annuity is a contract between you and an insurance company. You make a lump sum payment or a series of payments, and in return the insurance company provides you with regular disbursements beginning either immediately or at some point in the future. It is one of the only financial products that can guarantee income for the rest of your life.
Are annuities safe?
Fixed and fixed index annuities are considered among the safest retirement vehicles available because your principal is protected by the insurance company and not subject to stock market losses. Michael only works with highly rated carriers to ensure your money is in trustworthy hands.
When is the right time to buy an annuity?
The best time depends on your retirement timeline and income needs. Some people purchase annuities 5 to 10 years before retirement to allow for accumulation, while others use them to create immediate income at the point of retirement. Michael will help you identify the right moment based on your personal financial picture.
Can I access my money if I need it?
Most annuities include a free withdrawal provision that allows you to access a portion of your funds each year without penalty, typically 10 percent. Surrendering the full contract early may involve charges depending on the product and timeframe. Michael will make sure you fully understand the liquidity terms before you commit to anything.
How does an annuity work alongside my Social Security or pension?
Annuities are designed to complement your existing retirement income sources. Together with Social Security and any pension benefits, a well-structured annuity can fill income gaps and ensure your total monthly income covers your lifestyle needs throughout retirement. Michael will map out how all your income sources work together.