Live to 100. Sounds great. But what are the downsides of longevity? “How can there be downsides?” you may ask. After all, you’d have more time to golf, go fishing, and spend with the grand-kids. Well, the risk may be that if you hadn’t planned to live that long you could end up running out [...]
There’s a type of annuity that pays you more if your health profile is not good. This may sound strange, but here’s how it works:
SPIA, which stands for Single Premium Immediate Annuity (also referred to as health adjusted immediate annuity), has long been a popular investment for obtaining a fixed income which cannot be outlived [...]
For millions of Americans, a life annuity can provide safety of principal and tax deferral. However, one disadvantage inherent in most life annuities is their inability to keep up with inflation over the long-term.
For example, assume that you invest $100,000 into a single premium immediate life annuity. as an example, a current contract from a [...]
An investment’s return is what most people analyze each year. However, what really counts is how much you hold on to after taxes. After all, that’s what you get to spend. If you’re shopping around for CDs, you may want to look at an alternative idea that will let you keep more of what you [...]
Fixed Immediate annuities can provide a steady income for a specified period of time that may even surpass your natural life. How long you choose to take these payments can depend on your present and future income needs, as well as your survivors’ requirements. But there is one more point that you may want to [...]
Even the best experts can’t predict how certain investments will perform or the income that you’ll see from them.
Nevertheless, you might need a set amount of money each month to pay non-discretionary expenses like mortgage payments, auto loans, and life insurance premiums. Frequently these monthly outlays are fixed for a number of years.
To pay these [...]
Do You Like Fixed Annuities But Don’t Like Short-Term Rates?
Fixed annuities can be popular among seniors. They are easy to buy, you know exactly how long you must tie up your money, and the IRS will let you defer the income tax on the earnings. But one point that may have stopped you from investing [...]
Do You Want to Give Your Grandchild a Head Start on Retirement?
If you are already retired, there’s a good chance that you receive Social Security. The likelihood that this stream of income will continue for the rest of your life, at least in some form, is probably pretty good. But what about your grandchildren?
According to [...]
Safety is a relative term because what is safe to one person is risky to another. For instance you may consider a U.S. Treasury bond one of the safest investments since it is backed by our government. But a true skeptic might say, “Suppose the U.S. government went belly-up? The bond could then be worthless.” [...]
Rebates, longer-term financing, and other temptations are often used by automakers to get you to buy or lease a new car. But these complications obfuscate how much you really pay in financing costs. Along a similar line, fixed annuity companies frequently have incentives to reward you for investing. One of the most widely used is [...]
Retirement Income Blog
Annuities is proudly powered by
WordPress
Annuity Fixed Variable RSS Feed
and Comments RSS Feed
Wordpress Installation, configuration & customization by WebTenet Solutions
