Sentences with phrase «settle on an annuity»

Before you settle on an annuity, check the life insurance company's financial rating to ensure that they'll be around for the long - haul.

Before you settle on an annuity, check the life insurance company's financial rating to ensure that they'll be around for the long - haul.

Before you settle on an annuity, check the life insurance company's financial rating to ensure that they'll be around for the long - haul.

Not exact matches

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.

Fixed annuities grow at a rate set annually, but never lower than the definite minimum interest rate settled on at the time the client purchased the annuity.

If you want an annuity, you may want to look at all the options in your area before you settle on one.