And, if you need instant income, don't focus on projects that will pay six months to a year after completion. (nancyhendrickson.com)
An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured. (goodfinancialcents.com)
An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured. (goodfinancialcents.com)