Sentences with phrase «suggest immediate annuities»

One more note: most insurance agents will never suggest immediate annuities to you because when you buy one, that's the last commission the agent ever gets.

Not exact matches

Michael Kitces @ Nerd's Eye View writes Solving The Annuity Puzzle — Inflexibility For Handling Potential Health Care Shocks In Retirement — Economic theory suggests most retirees should utilize immediate annuities for lifetime retirement income, yet very few actually do.

Just to be clear, I'm not suggesting you or anyone else should put his entire $ 1 million nest egg into an immediate annuity.

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.

We'd suggest focusing on longevity insurance and plain - vanilla immediate fixed annuities.

ICICI Pru Immediate Annuity Plan — as the name suggest, it is an immediate annuity plan with the following features: