Joint and Survivor Annuity in Nevada Keep Your Retirement Income Going Strong

Joint and Survivor Annuity in Nevada Keep Your Retirement Income Going Strong

Have you ever wondered what happens to your retirement income when one spouse passes away? It’s not a pleasant topic, but it’s one every couple should think about — especially when building a reliable income plan for the future. That’s exactly what a Joint and Survivor Annuity is designed to do. It helps make sure your income doesn’t stop when one of you does.

For Nevada couples — from Las Vegas to Reno and Henderson — a joint and survivor annuity can be one of the most practical ways to ensure financial security throughout retirement. It’s simple, steady, and built to last for both lives.

What Is a Joint and Survivor Annuity?

Think of it as a lifelong paycheck for two. A Joint and Survivor Annuity provides guaranteed income for as long as either spouse is alive. You both receive steady monthly payments, and when one of you passes away, the surviving spouse continues receiving payments — either in full or at a chosen percentage (for example, 100%, 75%, or 50%).

It’s predictable income, not tied to the stock market, and it keeps the household budget stable no matter what happens. Many Nevada retirees choose this because they don’t want to worry about the “what-ifs” of life or the ups and downs of Wall Street.

How It Works (Simple Terms)

• Lifetime income for both: You’ll both receive guaranteed monthly payments for life.
• Choose your survivor benefit: Decide how much income continues for the surviving spouse — 100%, 75%, or 50%.
• Tax-deferred growth: Your money grows tax-deferred until you start taking payments.
• Protection from market risk: No more worrying about losing income if the market drops.

Why Nevada Retirees Love This Option

Nevada’s a great state to retire in — no state income tax, a relatively affordable lifestyle outside Las Vegas, and plenty of sunshine. But those benefits don’t eliminate one of the biggest retirement concerns: running out of money.

We often meet couples from Las Vegas, Summerlin, Reno, and Carson City who tell us they want one thing — income they can count on. A joint and survivor annuity gives them that confidence. It ensures that when one spouse passes, the other doesn’t face a sudden income drop. Instead, life continues with the same stability they’ve always had.

Example: John and Lisa from Henderson

John and Lisa wanted to make sure their retirement income would last through both of their lifetimes. They selected a joint annuity with a 75% survivor benefit — meaning when John passes, Lisa will continue to receive 75% of their monthly income for the rest of her life. That peace of mind lets them enjoy retirement without worrying about who will “outlive” the money.

Who Should Consider a Joint and Survivor Annuity?

• Married couples or partners who depend on shared income
• Those who prefer guaranteed payments rather than market-based risk
• Anyone who wants to ensure their spouse is financially secure for life

Work with a Fiduciary Financial Advisor Who Understands Nevada

At Mintco Financial, we help Nevada couples design retirement income plans that last as long as they do. We’re independent fiduciary advisors — which means we work for you, not the insurance companies — and we only recommend top-rated carriers.

Whether you’re in Las Vegas, Henderson, Reno, or anywhere across the U.S., our team can meet with you virtually and help you compare annuity options side-by-side. We’ll explain how joint and survivor benefits fit into your overall retirement plan so you can feel confident about every dollar of income.

Let’s make sure your retirement income — and your peace of mind — last a lifetime. Talk to a fiduciary advisor today and see how a Joint and Survivor Annuity can keep your future strong, no matter what life brings.