Guaranteed Income

Secure Income That Lasts — Colorado Retirement Solutions

At Dottenwhy Financial Group, we help Colorado families create retirement income strategies that last a lifetime. One of the most reliable ways to reduce the risk of outliving your savings is through annuities—financial tools that can provide guaranteed income no matter how long you live.

What We Cover Together:

• Breaking down annuity options: We explain fixed, indexed, and variable annuities in easy-to-understand terms so you know the benefits and potential drawbacks of each.
• Colorado tax advantages: While annuity income is generally taxable, Colorado offers a retirement income exclusion (up to $24,000 per year per person age 65+). By structuring annuity payouts strategically, we help you maximize these benefits.
• Customizing payment options: Whether you want guaranteed lifetime payments, flexible payouts, or growth-linked returns, we design an approach to match your Colorado lifestyle.
• Reviewing the details: We walk through surrender charges, guarantees, growth potential, and death benefits—so you’re making fully informed choices.
• Integration with your overall retirement plan: We align annuities with your Social Security, pensions, and investments to build a comprehensive Colorado retirement income strategy.

Why It Matters for Colorado Retirees

• Longevity risk: Coloradans live among the longest in the U.S., meaning you may need 25–30+ years of retirement income. Annuities help ensure you never run out of money.
• Market uncertainty: With housing and living costs in Denver, Boulder, and Colorado Springs higher than national averages, predictable income can provide stability in uncertain markets.
• Healthcare and long-term care: Colorado’s healthcare costs—especially in urban and mountain regions—are above national averages. Certain annuities can include long-term care benefits, helping cover future needs.

Your Retirement, Your Security
By integrating annuities with other income sources, we help you create a balanced Colorado retirement strategy that protects your lifestyle while planning for growth. With guaranteed income, you can face retirement with confidence, knowing your money will last as long as you do.

📞 Schedule your free consultation today and start building your Colorado retirement income plan.

case study: Rural rancher in norther colorado, age 67

Tom, a lifelong rancher from Weld County, recently sold part of his land and wanted to turn the proceeds into dependable retirement income. He didn’t have a pension, and while his Social Security benefits covered basic expenses, he wanted additional security and flexibility.

• We recommended a single premium immediate annuity (SPIA) with part of his sale proceeds, providing him with a guaranteed monthly income for life.
  
• To preserve flexibility, we allocated another portion into a fixed annuity with a 5-year term, giving him a safe place for funds he may want to access for equipment, ranch expenses, or family support.
  
• With the Colorado retirement income exclusion, much of his guaranteed income stream enjoyed tax relief at the state level, further boosting his net income.
  
• Tom now has peace of mind knowing that, regardless of market swings or unexpected ranch costs, his income will remain steady for life.
  

case study: colorado springs couple, ages 60 & 63

Mark and Susan, a couple from Colorado Springs, were planning to retire within the next five years. Mark had a small pension from military service, and Susan had savings in a 403(b). They were concerned about rising housing and healthcare costs in Colorado, as well as how to make their income last.

• We recommended rolling part of Susan’s 403(b) into a fixed indexed annuity, giving them:
  • A guaranteed lifetime income stream to supplement Mark’s pension.
  • Growth potential linked to market performance, without risking losses.
• We helped them strategize their withdrawals to take advantage of Colorado’s retirement income exclusion ($20,000 each until age 65, then $24,000 each).
• By combining their annuity income with Social Security, they created a stable income base, giving them confidence to cover healthcare and enjoy the active Colorado lifestyle they love—hiking, skiing, and traveling.