Turn Your Savings Into a Monthly Paycheck for Life

An income annuity converts a lump sum into guaranteed payments — so you always know what's coming in, no matter how long you live.

You Saved the Money. Now Make It Pay You Back.

Most people spend decades building a nest egg. But when retirement arrives, the hard question isn't how much you saved — it's how to turn that amount into reliable monthly income. An income annuity solves that problem directly. You put in a lump sum, and the carrier sends you a check every month — for life, or for a set period you choose.


It works like a personal pension. You don't have to manage the market. You don't have to guess how long your money will last. You just receive income.


We work with A-rated carriers including Aetna, Prudential, Transamerica, and AIG to find the income annuity that fits your timeline, your retirement goals, and your specific numbers.


Two Types of Income Annuities

Explained Simply

Not every retiree needs income on the same schedule. Income annuities come in two forms, and we help you understand which one fits your situation before you commit to anything.

Immediate Income Annuities (SPIA)

A Single Premium Immediate Annuity begins paying you within 30 days to one year of purchase. If you've already retired — or you're retiring soon — and need income to start right away, this is the most direct path. You hand over a lump sum and income starts almost immediately.

Deferred Income Annuities (DIA)

A deferred income annuity lets you lock in a future income start date — often years down the road. You fund it now while you're still working or drawing down other assets, and it begins paying at a date you select. This is a strong option if you want to bridge the gap between early retirement and when your Social Security benefits begin.


Both types offer guaranteed monthly income you cannot outlive. The right choice depends on when you need the income to start and what role it plays in your overall retirement picture.

Why Income Annuities Matter More at 50–85

Longevity is the risk most people don't plan for. Living 25 or 30 years in retirement is increasingly common — and a portfolio that looked sufficient at 65 can run thin by 80.


An income annuity addresses that risk directly. Because payments continue for life regardless of market conditions, it removes the guesswork from your most essential expenses: housing, utilities, food, healthcare. When those are covered by guaranteed income, the rest of your savings can be managed with far less pressure.


For pre-retirees who are retiring before Social Security eligibility — or who want to delay filing to increase their benefit — an immediate annuity can fill that gap cleanly. Income starts when you need it. Social Security starts when it makes the most sense for you.

What to Expect From a Free Income Consultation

We don't use online calculators here. Your income estimate depends on your age, your lump sum, the carrier, the payout structure you choose, and several other factors that change month to month.


What we do instead is sit down with you — in person in Ingleside or Corpus Christi, or by phone — and run your actual numbers against current carrier rates. You leave knowing a real monthly figure, not a ballpark.


Raymond Scott handles these consultations personally and can be reached directly by cell. There's no obligation to purchase. The goal is to give you the information you need to make a confident decision.


Frequently Asked Questions About Income Annuities

  • How much monthly income will an annuity pay?

    It depends on your age, the lump sum you contribute, the carrier, and the payout option you select. A 70-year-old contributing $150,000 will receive a different monthly amount than a 62-year-old contributing the same. The only way to know your real number is to run a personalized estimate — which we provide at no cost.

  • How do I turn my savings into a monthly paycheck?

    An income annuity is the most direct way to do it. You transfer a lump sum to an insurance carrier, and they send you a guaranteed payment every month — for life or for a defined period. We help you compare carriers and payout structures to find the option that fits your situation.


  • What is a SPIA and is it right for me?

    SPIA stands for Single Premium Immediate Annuity. It's an income annuity that starts paying within a year of purchase — sometimes within 30 days. It's a strong fit if you've already retired or are retiring soon and need income to begin right away. If you're planning further ahead, a deferred income annuity may give you more flexibility.


  • Can an annuity replace Social Security income if I retire early?

    It can bridge the gap. If you retire at 62 but want to delay Social Security until 67 or 70 to maximize your benefit, an immediate annuity can cover your income needs during those years. Many of our clients use this strategy to get the best of both — reliable income now and a larger Social Security check later.

  • Are income annuities safe?

    Income annuities are issued by insurance carriers, not investment firms, so your payments aren't tied to market performance. We only place business with A-rated carriers, which means the companies backing your income have been independently evaluated for financial strength. Payments are also backed by state guaranty associations up to applicable limits in Texas.

  • Do I have to come into your office?

    No. We serve clients throughout the Coastal Bend — from Victoria to Kingsville — by phone and in person. If you'd prefer to meet face to face, we're based in Ingleside and also serve clients in Corpus Christi. Whatever works for you works for us.



Ready to See What Your Savings Can Pay You Each Month?

A free income consultation takes about 30 minutes. You'll leave with real numbers, a clear explanation of your options, and no pressure to decide on the spot.

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