Annuity Definition – Immediate Annuity
The word “annuity” conjures up different meanings for investors. That’s because there are various types of annuities used for various purposes. One type of annuity is immediate annuities, the annuity definition of which is an annuity that provides an immediate flow of cash payments for life or a set number of years. Let’s look at the annuity definition for immediate [...]
Categories: immediate annuities Tags: immediate annuities, immediate annuity
How Poor Health Can Get you Higher Annuity Payments
Did you know that if the health profile is not great, you can actually get larger annuity payments? Indeed, because strange as this may sound, you will find there’s type of annuity that does that. For decades now, single premium immediate annuity payments are provided to investors in return for a single premium. All you need to do is pick [...]
Categories: annuity payments Tags: annuity payments, health-adjusted immediate annuity, immediate annuity
How Poor Health Can Enable you to get Higher Income From Annuity Income
Did you know that should your health profile be less than stellar, you can actually get more annuity income? Indeed, while strange as this may sound, you will find there’s type of annuity that does this although rarely mentioned by annuity agents. For decades now, immediate annuities income have served retirees with a life long fixed income; and they continue [...]
Creating an Annuity Ladder with Immediate Annuities
As an older retiree, you could possibly no longer wish to worry about market variation effects on the segment of one’s investments you rely on to offer you income. Immediate annuities will provide stability in your retirement many years. In that case, you may want to convert the some variable investments (e.g. stocks, equity funds) to an annuity to give [...]
Categories: immediate annuities Tags: annuity ladder, immediate annuity, laddering annuities
Strategic Retirement Investment Options
The hypothetical scenario: ‘You’re in your mid-60s and finishing your last year of working. You and your wife both receive Social Security totaled at about $20,000 per year and you have about $500,000 in your IRAs. With your job you’ve been breaking even spending about $45,000 a year. You’re a conservative investor. Question: What retirement investment options do you have [...]
Sources of Retirement Income You Control
Many retirees lack control over 50% or more of their retirement income. For example, if a retiree has income of $50,000 annually, and $30,000 comes from social security and employer pension, the retiree controls less than half of his retirement income making those sources somewhat useless to discuss. So let’s focus on the sources of retirement income you can control and [...]
Categories: retirement income Tags: annuitize, bonds, dividends, immediate annuity, retirement income sources
How Annuities Work
Annuities are term deposits with insurance companies. They are similar to certificates of deposits at the bank (note: bank deposits are FDIC insured while annuities are guaranteed by the issuing insurance company). There are two types of annuities: fixed annuities and variable annuities. Fixed annuities have these features: Your principal is guaranteed, it will never decline The insurance [...]
Categories: annuites defined Tags: annuitization, annuitize, annuity calculator, fixed annuity, immediate annuity, variable annuity
