Sentences with phrase «guaranteed stream of income»

This product guarantees a stream of income, derived from an initial lump sum payment, for as many years as you like, up to a lifetime of benefits.

«Fixed income annuities may be one of the better ways to create a lifetime guaranteed stream of income for retirees,» says Jeff Bogart, a financial advisor with Sila Wealth Advisory, in Mayfield Heights, Ohio.

«With the viability of private pensions and even Social Security coming into question, we realize that Americans need a retirement vehicle that will provide guaranteed streams of income that can not be outlived.

However, income annuities (sometimes referred to as «immediate annuities» or «deferred income annuities,» depending on when income payments begin) do offer a predictable guaranteed stream of income that you can't outlive.

Annuities are considered a safe and conservative investment vehicle for those who want to guarantee themselves a stream of income during their retirement years.

Kotak Assured Income Plan provides an additional guaranteed stream of income every year for the next 15 years.

With this guaranteed stream of income in retirement, 2 you (and your spouse, if you choose a joint annuity) have the assurance of knowing that some of your income is secure.

With an income annuity, you give the insurance company a lump sum in exchange for a guaranteed stream of income.

They are unique in that they can help provide peace of mind for people looking for a guaranteed stream of income in retirement that they won't outlive.

Fixed indexed annuities help to offer a guaranteed stream of income, no matter how long you live.

If you reach a point in your retirement where a guaranteed stream of income is a more important priority than investment flexibility, you can transfer some or all of your RRIF assets to an insurance company to purchase an annuity, while still maintaining the tax sheltered nature of the assets.

A variable annuity purchased with an optional guaranteed lifetime withdrawal benefit provides a guaranteed stream of income for life.

Annuities are a contract between an individual (or business) AND an insurance company that is entered into for various purposes which include providing a guaranteed stream of income.

Running out of money ranks as Americans» top retirement concern, according to a recent survey of financial planners.1 Guaranteed streams of income may help reduce anxiety about outliving savings and help people maintain their lifestyle during retirement.

In exchange for a single payment or multiple payments into an annuity, the insurance company agrees to pay a guaranteed stream of income.

There you have it: Two different annuities that can build toward the future, with options that offer a guaranteed stream of income that lasts a lifetime, regardless of market performance.

Like income annuities, fixed annuities also protect a portion of savings and can provide a stable, guaranteed stream of income that can last for as long as someone lives.

DEFINITION: An annuity is a long - term vehicle sold by financial services companies that may guarantee a stream of income to the annuitant at some future time, usually at retirement.

Lifetime Income Benefit Rider — Guaranteed stream of income the rest of your life once certain requirements are met, such as the policy being in force for 15 years and the insured's age being between 60 - 85.

Provides a guaranteed stream of income for a period of time selected by the policy owner (often for life)

The AP article mentioned above highlights three initial steps you could take to better financially prepare yourself for what is to come: 1) seek financial advice, 2) consider a health savings account as a vehicle to save money, and 3) consider a deferred annuity, such as a fixed indexed annuity, as a way to set aside savings and secure a steady and guaranteed stream of income that you can't outlive.

If you can guarantee them the rental income which makes their property profitable to them for the next three years (even if it may be below market rate) many will bite your hand off for such a guaranteed stream of income.

With this guaranteed stream of income in retirement, 2 you (and your spouse, if you choose a joint annuity) have the assurance of knowing that some of your income is secure.

A contract with a life insurance company that provides a guaranteed stream of income payments for a fixed period of time or life (or both) beginning at a specified date years in the future.

When you purchase an income annuity, you receive a guaranteed stream of income that provides you with something invaluable: peace of mind.

Longevity annuities are underutilized insurance products that near - retirees and early retirees can buy now to receive a guaranteed stream of income into advanced age.

As for when to buy an annuity, if you're more comfortable locking in a guaranteed stream of income as soon as you retire, that's fine.

The option of a guaranteed stream of income when the time is right for you (age restrictions and other conditions apply)

Invest in a simple, worry - free contract that provides a guaranteed stream of income for life, or for a chosen period of time, with a Manulife Annuity.

For a Deferred Income Annuity, this is the date chosen by the owner for the start of the guaranteed stream of income payments.

For individuals and families, RetireReady One offers a basic death benefit and the ability to annuitize the contract to provide a guaranteed stream of income.

This site and my various columns have long argued that, to paraphrase Pensionize Your Nest Egg co-author Moshe Milevsky, DB pensions and Government - provided equivalents like CPP and OAS can be regarded as REAL pensions, because they provide a guaranteed stream of income for as long as you live.

They are unique in that they can help provide peace of mind for people looking for a guaranteed stream of income in retirement that they won't outlive.

So, I'd play safe by parking at least half if not all of my income producing fund into a low - risk investment like annuity in order to secure a guaranteed stream of income.

We often lament the decline of pension plans, and this is exactly that: If you're self - employed, you can set up your own pension — a guaranteed stream of income — in retirement by using a defined benefit plan.

Where there are gas plants, there must be gas, and this massive build - out means a guaranteed stream of income for the lucky owners of gas transmission pipelines.

An annuity can help to quell this concern, as choosing the lifetime income option on an annuity can provide an individual (or a couple) with a guaranteed stream of income that they literally can not out live.

Since they offer a guaranteed stream of income for a multi-year period, annuities are the most common term life insurance payout option.

They are unique in that they can help provide peace of mind for people looking for a guaranteed stream of income in retirement that they won't outlive.

With an immediate annuity, you trade in a lump sum of money for a guaranteed stream of income.

Income annuities are designed for the sole purpose of providing a guaranteed stream of income, either immediately or in the future.

With an immediate annuity, you pay a one - time lump sum and the insurer provides a guaranteed stream of income for a certain period or the rest of your life.

Written into your deferred annuity contract will be the option to turn your deferred annuity into an immediate annuity after a certain amount of time has passed; essentially you are letting your earnings defer until such time as you desire to turn the investment into a guaranteed stream of income.

With a single premium deferred annuity, just one single lump sum payment is needed to attain a guaranteed stream of income in retirement.

An annuity is a contract between an owner and the insurance company in which the owner pays money to the company in exchange for a guaranteed stream of income to an annuitant, usually for the rest of their life.

Lifetime Income Benefit Rider — Guaranteed stream of income the rest of your life once certain requirements are met, such as the policy being in force for 15 years and the insured's age being between 60 - 85.

However, if she decides to annuitize her contract and commit to a guaranteed stream of income (and this option is often irreversible), then her enhanced rider will pay her a stream of income that is based upon a hypothetical value of approximately $ 643,000 (equal to $ 150,000 growing at 6 % per year for 25 years.)

Insurance protection: Most variable contracts today offer an array of living and death benefit riders that promise a guaranteed stream of income or else a minimum account value.

The living benefit riders will pay out a guaranteed stream of income that is based upon a hypothetical guaranteed rate of growth from the subaccounts.

I am not exactly sure what you mean by Annuity Life Insurance, but typically speaking annuities are a type of insurance product that are geared primarily to build up investment value and then take out a guaranteed stream of income as a result.