Too Many People Overlook This Retirement Income Stream
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Preparing your finances for retirement can feel like conducting an orchestra. You must ensure all the moving parts — especially all possible sources of income — are working in harmony to create the fullest, most secure retirement fund possible.
Yet according to the Center for Retirement Research at Boston College, relatively few people take advantage of annuities as a retirement income stream. The center estimates that the rate could be as low as 10%.1 Not having an annuity can be the equivalent of leaving money on the table — quite literally.
In case you need a refresher, an annuity is an insurance product that can pay out a fixed amount over a series of payments — sometimes for life. The best part of an annuity? You generally don’t have to worry about outliving your savings.
The Gainbridge® SteadyPace™ annuity pays up to 5.60% APY.2
4 Reasons an Annuity is a Smart Move
One of the key advantages of an annuity is the financial security it provides. Let’s take a closer look at the ways it can help grow and protect your wealth:
1. Protect Your Money from Market Volatility
If the constant ups and downs of the stock market have you feeling anxious, you’re likely on the lookout for a way to save that feels less risky. And the Gainbridge® SteadyPace™ annuity provides a guaranteed interest rate, meaning you’re assured income while avoiding the risk and volatility that can come with investing in stocks, funds or real estate.
If you’re already investing, this can be a way to diversify your portfolio and safeguard against dips in other asset classes.
2. Stability and Growth in One Package
One of the core benefits of an annuity is that it can be a safe place for your money that can provide steady returns for a long period of time.
With the Gainbridge® SteadyPace™ annuity, you can earn up to 5.60% APY2 — a formidable and competitive interest rate for annuities. You can start with a minimum deposit of $1,000 and add more as you see fit.
While terms last for three to 10 years, Gainbridge® will let you extend your SteadyPace™ contract so you may continue growing your initial contribution.
3. Offers Flexibility When You Need to Access Funds
Typically, you wouldn’t start withdrawing income from your annuity until you were 59 ½. The Gainbridge® SteadyPace™ annuity allows you the flexibility to withdraw up to 10% of your premium deposit in your first contract year. After that, you can withdraw up to 10% of the most recent contract value — and you won’t get hit with a withdrawal charge if you stay within the free withdrawal amount.4
Exploring this option can provide flexibility should you need it.
4. Easy and Convenient to Use
You can apply for the Gainbridge® SteadyPace™ annuity in about 10 minutes. After you’re approved, you can fund your annuity via your checking or savings account and manage everything from your Gainbridge® portal. This portal allows you to track your growth in real time, putting the power to build a more secure retirement right at your fingertips.
Bottom Line
Want to make sure you’re prepared for retirement? Don’t overlook an annuity as an income stream. With the Gainbridge® SteadyPace™ annuity, you’ll earn guaranteed growth on your money — up to 5.60% APY2 — with zero risk to your principal contribution.3
Get started here to start growing and protecting your wealth.
**Gainbridge®: Annuity rates are subject to change at any time, and the rate mentioned may no longer be current. Please visit Gainbridge.io for current rates, full product disclosures and disclaimer. Withdrawals above the 10% free withdrawal amount are subject to a withdrawal charge and market-value adjustment.
1 Center for Retirement Research at Boston College
2 Annual Percentage Yield (“APY”) rates are subject to change at any time. Current rate as of Sept. 15. 2025 for a 5-year term of $100,000 and up.
3SteadyPace™ is issued by Gainbridge Life Insurance Company, a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. Products and/or features may not be available in all states. Gainbridge Life Insurance Company is currently licensed and authorized to do business in 49 states (all states except New York) and the District of Columbia. All guarantees are based on the financial strength and claims paying ability of the issuing insurance company.
4 Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a nonqualified annuity may also be subject to an additional 3.8% federal tax on net investment income. Withdrawals above the 10% free withdrawal amount are subject to a withdrawal charge and market-value adjustment.
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