Thanks, sounds like you did your due diligence in your research. I plugged in some numbers into various fixed annuity calculators and their returns now are around 4%.United Investors Life fixed annuity (not variable with fund options). The fixed portion in a variable doesn’t pay as much interest. Most life insurance companies will sell a fixed annuity (takes an insurance license only), but in order to offer variable annuities to a client, the agent must have both the series 6 and 66 license, and then they can set you up with either type. Most financial planners have the series 7 as well. Back in the day I maintained all three. This investment was made as to take minimal risk (protected by insurance groups if one folds, SPIC instead if FDIC) to start withdrawing an income 20 plus years after the investment.