This popular knee - jerk comment is a good marketing strategy if you are trying to
convert annuity assets to a fee - based platform and is an easy response for advisers not interested recommending specific annuity types in lieu of their master of the universe market growth strategies.
Not exact matches
Those who are just retired are not affected if they have chosen
annuities as opposed to self - managed withdrawals as the means of
converting their accumulated
assets into retirement income.
Effectively providing this type of protection means losing control of the
assets you
convert to an
annuity.
Those looking to
convert risky
assets into predictable income streams by purchasing bonds or
annuities may be disappointed to learn how relatively little income they can acquire with a given level of wealth.
Well, when you invest a portion of your savings in an immediate
annuity, you are
converting assets into monthly income guaranteed to last as long as you live.
Whereas, a life insurance contract is an
asset that is designed (at least traditionally) to provide a death benefit to one's estate, an
annuity is centered around
converting a lump sum payment (or series of payments) into a stream of income for a fixed period (usually for life).
Protective offers immediate
annuity options that enable you to
convert assets into an immediate and steady stream of income.
A deferred
annuity can help you to accumulate
assets more tax efficiently and, when the time is right,
convert them into income you can't outlive.
With a LifeSource Plus ® single premium immediate
annuity, you can
convert a portion of your
assets into a steady stream of income for a lifetime.
Whereas, a life insurance contract is an
asset that is designed (at least traditionally) to provide a death benefit to one's estate, an
annuity is centered around
converting a lump sum payment (or series of payments) into a stream of income for a fixed period (usually for life).