Brighthouse Life Guaranteed Income Builder Annuity Review
Income for Life + Living + You
Annuity Help prepare for a long and comfortable retirement
As you move into and through your retirement years, you’ll want to make sure your income needs are covered. After all, people are living longer, more productive lives — with many spending up to 20 or 30 years in retirement. A deferred income annuity, like the Brighthouse Guaranteed Income Builder, may be a good way for you to get future, guaranteed lifetime income that can be used to supplement your other retirement income sources.
The Guaranteed Income Builder provides income you need:
Income for Life
Guarantee income for as long as you life
From the day you purchase your deferred income annuity and choose your income start date, you’ll know exactly how much you, or you and your spouse, will receive each year as long as you live.
Income for Living
Help add certainty to your retirement
Supplement your other retirement income sources with guaranteed income that can help you cover everyday expenses throughout retirement.
Income for You
Build customized, pension-like income
Tailor income payments by selecting the options and innovative features that meet your needs.
Is the Guaranteed Income Builder right for you?
That depends on you and your needs. In general, individuals in these situations may find the product helpful:
- In need of reliable, pension-like income
- Concerned about market volatility, rising interest rates or outliving their assets
- Looking to diversify their retirement income sources
- Holding retirement assets in a former employer’s retirement plan
The Guaranteed Income Builder
A simple way to add certainty to your retirement
Purchase future income at your own pace
You can use a portion of your assets to purchase a pension-like stream of lifetime income payments. Fund your annuity all at once or gradually over time — whatever works for you.
Know, up front, how much income to expect
Your future income payments are based on how long you wait between the time you purchase the Guaranteed Income Builder and the time you take income, as well as your age and your purchase payments, among other hings. Each time you make a purchase payment, you’ll know exactly how much future income it will generate, even if you make a change later on.
Take advantage of the Guaranteed Income Builder’s flexible features
Tailor your income by selecting the income options and additional features that fit your needs. Then, you can make certain changes like moving your income start date or getting some or all of your money back if you decide you don’t want lifetime income payments after all.
I contacted Immediate Annuities.com to buy one of my immediate annuities. They were prompt, very responsive, paid attention to detail, understood my objectives, and were superb when it came to staying on top of seeing the funds transfer and issue of new policy documents through to completion.
Manage your assets more effectively
The Guaranteed Income Builder can play an important part in your overall retirement strategy. Knowing your future income payments up front may help you spend and invest your other assets more effectively. That could mean enjoying your early retirement years more or investing in additional growth opportunities. It’s up to you.
Feel confident in your choice
Your money is not invested in the market so there’s no risk of your income payments declining due to market downturns. Instead, your income payments and the Guaranteed Income Builder are subject to the claims-paying ability and financial strength of the issuing Brighthouse Financial company.
1. A leading global provider of annuities, insurance and employee benefit programs
2. Holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East, through its subsidiaries and affiliates
3. Named one of Fortune Magazine’s “2014 World’s Most Admired Companies – Insurance: Life & Health”
Help Prepare for a Long and Comfortable Retirement
As you move into and through your retirement years, you’ll want to make sure your income needs are covered. After all, people are living longer, more productive lives – with many spending up to 20 or 30 years in retirement. A deferred income annuity, like the MetLife Guaranteed Income Builder, may be a good way for you to get future, guaranteed, lifetime income that can be used to supplement your other retirement income sources.