Income for Life - Annuities Guarantee It!

Many people plan for retirement or at least they think they are planning for retirement. The problems for savers and investors is there are many ways to invest and the game plan becomes cloudy and over time you think you are just plowing money into something that you hope will be there for your retirement and more importantly pay you an income you cannot out live. The only vehicle in the world that guarantees you an income you cannot out live is an annuity.

Annuities have been in use as retirement vehicles since the days of the Roman Empire. Returning soldiers would get pension from annuities. The Kingdoms of France and England used annuities as a way to fund their ongoing wars. In colonial America, Annuities were bought by minsters to give them retirement income. The peoples of yesterday have the same concerns as people today. All of us are concerned about have enough cash flow or income in retirement.

Immediate Annuities:

All annuities allow you the option of turning on an income you cannot outlive. You can look at single premium immediate annuities which start paying out an income 30 days from policy issue. You can even choose a period certain you want the income to last. Some people choose a period certain rather than for life payments because a period certain payout is always higher than a life payout unless it a life only option.

Deferred Annuities:

Fixed annuities and variable annuities are deferred annuities. Deferred annuities will afford you the same opportunity for a life payout at some point in the future. Each contract is different but they all allow for an income you cannot outlive. Sometimes you may have to wait 3-5 years before you can annuitize your contact.

Deferred Annuities- Income Benefit Riders:

Some if not most deferred annuities offer a rider you can purchase that will grow anywhere from 5-10% for each you defer taking the income. These are not just projected rates but rather guaranteed roll up rates. You will know exactly how much money you will get as income in the future.

Even if you live for 100 years, the income amount will not change and even if your account value has no money it, you will still get your payment. Just like the days of old, you will continue to receive a monthly check for as long as you live.

If you need a guaranteed income stream, annuities are the safest vehicle for guaranteed cash flow and history is truly on your side.

Check with a qualified annuity broker to see which program will work best for your situation.

Visit http://www.annuitycampus.com for more Annuity and Life Insurance Tips and Tricks!

Call Robert Eldridge for Questions, Quotes, and a Free Consultation 1.800.643.7544 Ext. 1

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