Another option is a deferred - income annuity, also called longevity insurance:
You get heftier payments because you pick a date down the road to begin receiving them (see Plan for a Long Life When Saving for Retirement).
Not exact matches
Government finance bosses are investigating several unnamed academy trusts that failed to
get Treasury approval for
hefty payments made to staff.
You
get to drive home in the perfect pickup without worrying about a
hefty down -
payment.
Don't
get gouged by fixed - rate mortgages that require
hefty down
payments or adjustable mortgages that will end up costing way more money than the bank will have you believe.
Bad credit automobile lenders sometimes finance automobiles without a
hefty down
payment, which makes
getting you into the car you need an even bigger probability.
Many people who try to
get a mortgage with credit scores lower than 580 will be
getting a subprime loan, which can come with a
hefty down
payment and much higher rates.
However, the folks at the American Funds are not only good money managers, but they understand that in order to
get brokers to use their funds that a
hefty payment is required.
Will you always be able to pay off your balance each month and if there is a time when you can't, will you be able to withstand the
hefty late
payment fee you'll
get stuck with?
The prospect of a
hefty down
payment should not discourage you from
getting the home that you want.
I remember when I
got my first rewards credit card and I thought it would be a brilliant idea to make my
hefty monthly
payments on my credit card and rack up miles.
If you have some
hefty taxes due and you're going to have to pay anyway, you could make the tax season brighter by
getting a nice bonus using this card to make the
payment.
in about 2 years I have set goals to have enough money to put a
hefty down
payment on a house and
get my life rolling by 20.
Getting even a little equity out of a house sale helps cover what can be some pretty
hefty costs to
get restarted with a new down
payment or apartment deposits, Tenaglia says.