An annuity can help you protect and grow your retirement savings, giving you more confidence that you'll have the income you need to do more of what you love in retirement.

What are annuities?

Annuities are a type of financial product with many different options and features. Generally, annuities can help you save for retirement. Certain types of annuities may offer some protection against market downturns, and some types may provide a steady stream of guaranteed income payments. Guaranteed income payments can be set up to last for either a specific number of years or the rest of your life and can start right away or on a future date.

An annuity is a contract with an insurance company and can generally only be purchased through a financial professional.

Finding the right annuity for your financial goals starts by understanding the main types, each of which has specific characteristics and offers some protection, either for the investments or the income being paid. These features can vary by the insurance company offering them:

  • Index-linked annuities allow you to select and participate in growth opportunities by tracking the performance of a market index like the S&P 500®, up to a certain percentage, while offering a level of protection for a portion of your portfolio.A
  • Variable annuities provide investment options you may choose from to potentially grow your retirement savings, depending on market performance. It may also offer other features (typically for an additional fee) that can provide benefits like guaranteed income for life.
  • Fixed index annuities provide protection of your principal in down markets while offering the opportunity for growth by tracking the performance of market indices.
  • Income annuities provide an immediate or future guaranteed stream of income payments.
  • Fixed annuities provide growth at a guaranteed interest rate with no risk of market loss.


Annuities can help address common concerns that today’s retirees face, such as:

  • Living longer: “Will I run out of money?”

    Some annuities may provide guaranteed income that you can’t outlive.

  • Unpredictable markets: “What will happen to my savings if there’s market volatility?”

    Certain types of annuities can offer a level of protection for a portion of your portfolio.

  • Changes to traditional retirement income planning: “Without a pension, how else can I create a steady stream of income?”

    Some annuities can help supplement other income sources such as Social Security to help cover everyday expenses in retirement.

  • Rising health care expenses: “Do I have enough to cover the cost of care for myself and my family?

    While your specific health care costs may be unpredictable, certain annuities can provide monthly income payments that may help with expenses not otherwise covered by insurance and Medicare.

Will You Have Enough Income in Retirement?

Try the Annuity Income Calculator

Brighthouse Financial Annuity Products

Brighthouse Financial can help you meet your financial needs through a variety of annuities, including:


Shield® Level Annuities

A Shield annuity uses a portion of your retirement assets to participate in market growth opportunities with a level of downside protection other investment products may not provide – all with no annual fees.2

Learn More About Shield Annuities


Shield Level Pay Plus® Annuities

Shield Level Pay Plus annuities are index-linked annuities that provide market growth opportunities coupled with a level of downside protection and, when you’re ready, guaranteed income that lasts for life.3

Learn More About Shield Level Pay Plus Annuities


Variable Annuities with FlexChoice Access

A variable annuity with the optional FlexChoice Access living benefit rider can help you turn a portion of your retirement savings into guaranteed income for life.3

Learn More About FlexChoice Access


SecureAdvantage® 6-Year Fixed Index Annuity

SecureAdvantage 6-Year offers 100% protection4 for your purchase payment against market downturns with an opportunity to grow the money you’ve earmarked for future expenses.

Learn More About SecureAdvantage 6-Year

How to Buy a Brighthouse Financial Annuity

Annuity products from Brighthouse Financial can only be purchased through a financial professional. Some questions that can help you begin a conversation with your financial professional are:5

  1. Do I have a diverse balance of income sources that’s right for the retirement I want?

  2. Will my essential expenses be covered with my current income sources, or could there be a gap I need to address?

  3. If an annuity is recommended for me, which type would complement my portfolio?

Don’t have a financial professional?

Access our resources on working with a financial professional


Brighthouse Financial® is on a mission to help people achieve financial security.

Trusted by over 2 million customers and with over 2 million annuity contracts and life insurance policies in force,6 Brighthouse Financial® is proud to be a Fortune® 500 company7 and one of the largest providers of annuities and life insurance in the U.S.8

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