Once you hit age 50, your mailbox will fill up with information from AARP.  I can't remember joining this organization, but I do glance through their publications each month.  Years ago they offered mutual fund investments and just recently announced a new annuity offered through New York Life.

The AARP Lifetime Income Program sets a minimum premium of $5,000 to begin a lifetime stream of income, and sets no maximum premium for the plans. Since the single premium is locked in, each income payment an AARP member receives represents a return of premium and interest. Currently, a 65-year old male can expect annual income payments in excess of 7 percent of premium guaranteed for life from a $100,000 Cash Refund annuity.

In other words, a consumer who transfers $100,000 into an AARP annuity could expect to receive about $7,000 per year for the rest of his or her life. While higher returns may be available elsewhere, the annuity guarantees that the consumer will not outlive his or her money.