Our Blog

Product Knowledge October Report

October 16, 2024

Why GCU Aquila X is a Great Option for Retirement Income

The GCU Aquila X Fixed Index Annuity is an excellent option for anyone looking to secure steady income during retirement. Here’s a breakdown of why it stands out as a smart retirement solution:

1. Principal Protection with Market Growth: With Aquila X, your principal is always protected, even if the market drops. However, you can still benefit from market-linked growth by earning interest based on the performance of a market index. This offers a good balance of safety and potential gains.

2. Guaranteed Lifetime Income: One of the most valuable features of the Aquila X is the ability to receive guaranteed income for life. This ensures that you won’t run out of money during retirement—giving you peace of mind and financial stability.

3. Tax-Deferred Growth: The earnings in the Aquila X grow tax-deferred, meaning you don’t pay taxes on the interest until you withdraw it. This allows your money to compound faster, increasing your retirement savings over time.

4. Flexible Payout Options: Whether you prefer receiving a lump sum or monthly payments, the Aquila X offers flexibility in how you access your funds. This makes it easier to tailor your retirement income to your lifestyle and financial needs.

5. Low Fees and Competitive Rates: GCU Aquila X offers competitive interest rates with low fees, so more of your money stays invested and grows over time. This can make a big difference to your long-term financial outlook.

6. Backed by a Trusted Organization: The GCU has a long history of financial strength and stability, ensuring that your annuity is backed by a reliable institution. GCU has been providing trusted financial products for over 130 years, giving policyholders confidence in their retirement plans.

In conclusion, the GCU Aquila X offers a perfect combination of safety, flexibility, and growth potential, making it an ideal choice for anyone seeking a reliable source of retirement income.

Jeff Long | GCU Sales Director

Find a GCU Agent

When you talk with a GCU agent, they will work with you to put together a plan that fits your needs.

Find agents withinof