Annuities & retirement income · San Francisco, CA (San Francisco County)
Fixed Index Annuities in San Francisco, California
38.6% of San Francisco homes are owner-occupied (U.S.: 65.0%), and the median home value is $1,347,000, well above the U.S. median of $303,400. Insurance contracts that can help protect principal from market losses while participating in index-linked interest — with optional riders for lifetime withdrawal benefits subject to contract terms. Olive, a licensed agent with Manna Financial Services, helps San Francisco, CA households compare fixed index annuities by phone or video, and the first conversation is free.
What matters for fixed index annuities in San Francisco
About 101,200 San Francisco residents are 55 to 64 and about 146,400 are 65 or older. Fixed and fixed indexed annuities are mostly used by people in or near retirement who want principal protection or a guaranteed income stream, in exchange for surrender periods.
San Francisco by the numbers
- 38.6% of San Francisco homes are owner-occupied (U.S.: 65.0%), and the median home value is $1,347,000, well above the U.S. median of $303,400.
- The median household income in San Francisco is $141,446, well above the U.S. average of $78,538, the highest median household income of the 13 West U.S. communities on this site.
- 12.4% of San Francisco workers have government jobs, below the U.S. share of 14.1%.
- 17.5% of San Francisco residents are 65 or older, about 146,400 people, about the same as the U.S. average of 17.7%; that is the 2nd-highest share of residents 65 and older of the 13 West U.S. communities on this site.
San Francisco and nearby communities
| Place | 65 or older | Government workers | Median household income |
|---|---|---|---|
| San Francisco | 17.5% | 12.4% | $141,446 |
| Los Angeles | 14.8% | 10.6% | $80,366 |
| Phoenix | 12.6% | 11.4% | $77,041 |
| San Diego | 15.1% | 15.2% | $104,321 |
| U.S. | 17.7% | 14.1% | $78,538 |
Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates.
How we help with fixed index annuities
- Principal protection features against negative index periods on eligible strategies
- Annual reset designs on many contracts so credited interest is locked in
- Optional lifetime income riders with contractual withdrawal schedules
- Penalty-free withdrawal provisions on many contracts (often a stated annual percentage)
Rules that apply in California
- Annuity recommendations in California must follow state insurance department suitability and best-interest rules, which require the annuity to fit your needs and financial situation.
- Annuities are long-term contracts. Most have surrender charges for early withdrawals, and guarantees depend on the issuing insurance company.
- We are licensed for insurance and annuities only and do not give tax, legal or investment advice. We work alongside your CPA or attorney.
Questions from San Francisco
Is my principal protected in an FIA if the market falls sharply?
On eligible fixed index strategies with a contractual 0% floor, a negative index period typically credits 0% rather than reducing account value by the index loss. Surrender charges, fees, and rider costs still apply — review the specific contract.
Do I need to visit an office in San Francisco?
No. Olive works with San Francisco and San Francisco County households by phone or video, so you can compare options from home. Most applications and signatures can be completed online.
Talk with Olive about fixed index annuities.
Free, no obligation, by phone or video. Or call or text (937) 388-5346.