Like any financial investment, choosing the best annuity is a matter of personal choice and preference. For seniors, choosing the best annuity may depend on what the individual plans to do with the money or what the purpose of the savings is. For example, many seniors just want an annuity as a way to tax …
No matter what it is, a home loan, a savings account, or even gas prices, everyone wants the best rate. While it’s easy to pull up to a few gas stations and compare the price per gallon to figure out which rate is is the best deal, comparing rates for fixed annuities isn’t as easy. …
The past couple of years, the stock market hasn’t been anybody’s friend. The stock market was down more than 50% and many boomers are feeling the pinch as retirement nears (or already has). I’ve you’ve bought investments (stocks, mutual funds, ETF’s) in a taxable account and now they’re down, at least you can get the …
You’ve worked hard and managed to put a decent amount away. By nature you are a very conservative investor so bank CD’s seem like the natural choice. Right now interest rates are at historic lows so you’re open to other fixed-rate alternatives. Investing into a fixed annuity might be the next logical choice. Here are …
If you are looking at purchasing an annuity, there are some things to consider first before even looking into the many kinds of annuities out there. For example, annuities typically are not for young people unless they plan for something like an early retirement, or have come into a large inheritance. They should instead focus …
Modern day has most baby boomer investors confused on what’s right for them. With ETF’s, target date retirement funds, and structured products, how is any typical investor really supposed to know what is actually a good investment and what is a dog. When it comes to baby boomers approaching retirement, a common investment thrown around …
An annuity is another way to consider saving for retirement. Most people are no longer relying on just social security payments to fund their retirement. In addition to 401(k) plans, IRA’s, and traditional savings accounts, annuities are just another option for those looking to ensure the lifestyle they desire during their retirement years. What is …
Annuities are an investment tool used to help fund retirement. Annuities pay out until the death of the annuity holder and therefore are often called life expectancy annuities. There are two phases of an annuity, and several different annuity options to choose from. Phases of an Annuity Annuities have two phases, the accumulation phase and …
Annuities are another way to save for retirement and senior living. Essentially you make payments or pay the premium for the annuity in full and at a later date you are guaranteed payments from the money you initially invested. That is of course, the simplified explanation. There are a variety of annuities, a variety of …
Many people use annuities to supplement their retirement income. An annuity is a type of investment that allows individuals to make premium payments and then get guaranteed payouts during their retirement years. There are many types of annuities, and ways to invest in annuities. One form of investing with annuities is using the delayed annuity. …