Sentences with phrase «about life annuities»

With this policy, your insurer invests a portion of your premium payment and eventually provides you with returns (see 5 Things You Need to Know About Life Annuities to learn more).

Because the life annuity is subject to inflation risk and is illiquid, and because household needs and preferences are so diverse and critical, the governmental stance toward this issue should be one of mild encouragement of and education about life annuities.

Not exact matches

That makes for a difference of $ 120,000 in spending power, which a life annuity will translate into about $ 700 a month in extra spending.»

Outlining what investors should know about annuities if they are looking for guaranteed income for life, with Jim Schlager, Moss Adams Wealth Advisors.

«RIAs are now talking about annuities,» said Jason Wellmann, senior vice president of Life Insurance Sales for Allianz Life.

Today, for example, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive about $ 550 a month for the rest of his life, while a woman the same age would collect about $ 530 a month.

Allianz Life sold about $ 2 billion worth of its Index Advantage variable annuity last year, up 40 percent from 2016, said Walther.

Life and annuity insurers, with memories still fresh about promises they struggled to keep, don't want to make the same mistakes twice.

While there are many different checkpoints for selecting the right annuity for you, this article presents three key tips that can help get you started by finding the right life insurer, understanding how your contract is protected under the State Guaranty Association, and asking about fees and other sales charges before you buy a contract.For more information, visit the Protective Life Learning Cenlife insurer, understanding how your contract is protected under the State Guaranty Association, and asking about fees and other sales charges before you buy a contract.For more information, visit the Protective Life Learning CenLife Learning Center.

To learn more about New York Life guaranteed income annuity products, click on Redefine your means in retirement.

If you're feeling unsure about making an annuity selection on your own or if you need more information and personal guidance, speak with a qualified financial advisor or life insurance representative.

The company also makes educated guesses about how long its annuity buyers will live.

The great thing about indexed annuities is that they are a safe, reliable retirement planning vehicle appropriate for people in a variety of life stages.

Today, for example, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive about $ 545 a month for life, while a 65 - year - old woman collect about $ 525 a month.

The great thing about fixed indexed annuities is that they are a reliable retirement planning vehicle appropriate for people in a variety of life stages.

Check with your advisor about a Bankers Life Insurance Company fixed annuity today or check out our available products for more information.

A 65 - year - old man who invests $ 100,000 in an immediate annuity today would receive about $ 555 a month for life; a 65 - year - old woman would collect roughly $ 530 a month; and, 65 - year - old couple (man and woman) would receive about $ 475 a month as long as either one is still alive.

And in a session during which I talked about arriving at the right asset allocation for retirement, I noted that, while immediate annuities are not for everyone, adding one to a retirement income plan can not only provide additional income that will last as long as you live, but also contribute to a more secure and happier retirement.

For example, a 65 - year - old man would invests $ 25,000 in a longevity annuity would collect about $ 1,125 a month for life starting at age 85, while a 65 - year - 0ld woman would receive about $ 920 a month.

According to a new TIAA - CREF Institute survey, people who converted at least some of their retirement savings into annuity payments guaranteed for life were about 60 % more than those who didn't invest in an annuity to say their standard of living increased in retirement and that their post-career lifestyle exceeded their expectations.

But if you're confident that you can handle your spending needs with Social Security and draws from your retirement accounts but you want some extra assurance that you'll have sufficient income later in life — or you feel that income guaranteed to kick in in the future will give you more flexibility about your spending early 0n — then devoting a small portion of your assets to a longevity annuity is probably the better way to go.

A 65 - year - old man who invests $ 30,000 in a longevity annuity today that begins making payments 15 years from now would receive roughly $ 675 a month at age 80 that would continue for the rest of his life; a 65 - year - old woman would receive about $ 575 a month starting at 80; and, a 65 - year - old couple would collect about $ 465 a month beginning at age 80 for as long as either remained alive.

«If you're looking for a secure, stable income to cover your base living expenses and you're concerned about longevity, that's what annuities are for,» he said.

To do that, you'll want to go through a rigorous retirement - income planning process that starts with thinking seriously about how you'll live in retirement and then moves on to such tasks as making a retirement budget; assessing different strategies for claiming Social Security benefits; considering whether you want more guaranteed income than Social Security alone offers (which is where an annuity might play a role); and, settling on a withdrawal rate that has a reasonable shot at making your savings last as long as you do.

It's not about knowing how to execute an insured annuity strategy, or transferring wealth to the next generation using life insurance.

The likely reason for this is life insurance is viewed as using cash to purchase a death benefit, whereas an annuity is all about converting a lump sum into an income stream.

There are many qualified agents who are knowledgeable about life insurance, annuities and estate planning in the Trusted Choice network.

A 65 - year - old man who invests, say, $ 100,000 in an immediate annuity today would receive about $ 550 a month for life; a 65 - year - old woman would get about $ 530 a month; and a 65 - year - 0ld man - and - woman couple would receive monthly payments of $ 470 as long as either is alive.

So, for example, a 65 - year - old man who invests $ 50,000 in a longevity annuity might start receiving payments of about $ 1,800 a month starting at age 85 that would continue for the rest of his life; a 65 - year - old woman would get in the neighborhood of $ 1,400 a month beginning at the same age, while a 65 - year - old man and woman couple would receive about $ 1,100.

So, for example, a 65 - year - old man who invests $ 100,000 in an immediate annuity today, would receive about $ 525 a month for life.

Today, a 65 - year - old man investing $ 100,000 in an immediate annuity would receive about $ 525 a month for life.

You could invest that hundred grand in an immediate annuity, and at today's payout rates you would receive about $ 565 a month as long as you live.

But if you really want to turn a portion of your nest egg into something that approximates a pension — a specific amount of money you can count on month in and month out for the rest of your life — then I suggest you suspend your wariness about annuities long enough to at least consider a type of annuity that's easier to understand, less prone to the abuses that are too often associated with annuities and is very efficient at turning savings into assured lifetime income — namely, an immediate annuity.

Today, for example, a 65 - year - old man who invests $ 150,000 in an immediate annuity might collect about $ 820 a month for life.

In part 1 of our introduction to annuities, we talked about how income annuities and fixed annuities can add some stability to a financial portfolio by providing guaranteed income for life.1 In this video, we'll focus on two other types of annuities: index - linked annuities and variable annuities.

The Indexed Annuity Leadership Council (IALC) brings together a consortium of life insurance companies with a commitment to providing consumers, the media, regulators and industry professionals factual information about the use of fixed indexed annuities.

Visit our variable annuity compliance documents page to access prospectuses, which contain information about contract charges and fees for the variable annuity products offered by Annuity Investors Life Insurance Company.

Today, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive roughly $ 565 a month for life, a 65 - year - old woman would get about $ 545 a month and 65 - year - old couple (man and woman) would collect about $ 480 a month as long as either is alive.

The Indexed Annuity Leadership Council (IALC) brings together a consortium of life insurance companies with a commitment to providing consumers, the media, regulators and industry professionals complete and factual information about the use of indexed annuities.

For example, a 65 - year - old man who invests $ 200,000 in an immediate annuity today would receive about $ 1,120 a month for life; a 65 - year - old woman would get roughly $ 1,050; and, a 65 - year - old couple (man and woman) would receive about $ 940, according to ImmediateAnnuity.com's annuity calculator.

The great thing about annuities is that they protect you against the risk of living too long.

So, for example, if that same 65 - year - 0ld couple were to invest $ 50,000 today in a «joint and survivor» longevity annuity that begins making payments in 15 years, they would collect about $ 700 a month for life once they hit age 80.

If you're really worried that you might run through your savings while you've still got a lot of living to do, you could also think about converting a portion of your nest egg to a guaranteed lifetime income stream via an immediate annuity or a longevity annuity.

To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.

However, if you have an old annuity that is not accessible for long - term care expenses, or can not provide you with tax - advantaged access to your money for those expenses, it could be time to ask your insurance representative about Annuity Care from The State Life Insurance Company.

A 65 - old - man who invests $ 100,000 of his savings in an immediate annuity today would receive guaranteed payments of about $ 545 a month for life, a 65 - year - old woman would get about $ 510 a month and a 65 - year - 0ld couple (man and woman) would receive $ 450 a month, a payment that would continue as long as either one was alive.

The prospectus, which contains this and other information about the variable annuity and variable universal life contract and the underlying investment options, can be obtained from your financial professional.

Cannex Financial Exchanges Limited says that he could buy an annuity of about $ 6,500 a year, payable for life and guaranteed five years.

Not only is this about $ 2,200 more than the minimum RRIF income, the annuity is payable for life and thus removes any chance your money will run out too soon.

Talk with your financial advisor about the role annuities and life insurance can play in your portfolio.