Sentences with phrase «time lump sum of money»

Gain a guaranteed income stream in retirement that you can't outlive by simply paying a one - time lump sum of money into this immediate annuity.

Use the equity in your home to borrow a one - time lump sum of money that you can use to pay for your daughter's wedding, purchase a new roof, or even consolidate and eliminate your credit card debt.

While both products let you use your equity to your advantage, a home equity loan gives you a one - time lump sum of money.

Not exact matches

Access to funds — A home equity loan provides you the money in an upfront lump sum and you repay over a defined period of time.

«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing small increments of money over a long period of time, as opposed to one lump sum of money all at once, I think that just goes to justify the benefit of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot of financial aptitude.»

A typical personal loan involves receiving a lump sum of money from a bank, and repaying that loan with interest over time.

In a typical mortgage, you borrow money in lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIs).

Take too aggressive a stance and your lump sum could take such a hit during a severe bear market that it may have trouble recovering even when the market eventually rebounds, which could result in you running out of money before you run out of time.

What I'm doing is just dollar cost averaging once a month using what I have left over after my bills are paid... plus it spreads my investing money out over time instead of just lump summing a ton of money, just in case the bottom hasnt come yet.

A SPIA, or single premium immediate annuity, is designed to generate instant income during retirement by taking a lump sum of money and converting it into systematic payments that continue for a specified period of time or for the life of the insured individual.

Once a large lump sum has been saved up, it may be worth considering other ways to make your money work harder for you, but this will ultimately involve tying up the cash for a longer period of time.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and has a loan interest rate that they are locked into at the time of closing.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and loan interest rates are locked into the rate at the time of closing.

You can opt to make the extra payment at the end of the year, or any time you get a lump sum of money, Leve says.

An STP is a method through which you invest a lump sum money via instalments over a period of time in equities.

When you get a second mortgage, you can get a lump sum of money at once time that you can use for whatever you wish.

You can also reduce your mortgage by making an extra payment if you find yourself with an extra lump sum of money, such as at tax time.

An annuity is a lump sum of money invested to produce a steady income for a fixed period of time.

Term life insurance covers you for a specific period of time — in this case, until your student loans are paid off — and gives your survivors a tax - free lump sum of money that they can use to pay off your debts.

-- Dollar Cost Averaging is an investment strategy where you are investing static amounts of chunks of money spread out over time (instead of a lump sum purchase) in a given investment.

The different timing of the lump - sum (beginning for annuity and end for life insurance) is accounted for by the basic time - value - of - money equation using the market interest rate for Treasury debt.

Unlike loan agreements, which can contain complex payment terms, promissory notes are more like paper trails that document that one person has lent another money and that the borrower agrees to repay the money within a certain amount of time, either in a lump sum or in installments.

The answer to the question of «who does better» completely changes when these same investors instead invest all their money in the beginning of the time period as lump sum amounts.

Since it's a lump sum one - time equity draw, a home equity loan is a good source of money for major projects and one - time expenses.

You can tap into a reverse mortgage through a single lump - sum payment, an annuity (which is paid out in one - time annual payments), a line of credit (where you can take out money as needed), or monthly payments, which is the route most seniors take.

You'll send him payments over time (or perhaps a lump sum), he'll go ahead and use his experience and his high tolerance for risk to invest the money, and he'll send you payments every year that may include a portion of what he has made in the markets.

Dollar cost averaging is the process of investing a lump - sum of money over a predetermined period of time.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

Term life insurance is a kind of life insurance policy that covers you for a set period of time — not your whole life — and pays out a lump sum of money to your beneficiaries if you die while the policy is in effect.

When you buy an annuity, you deposit a lump sum of money, and the insurance company agrees to pay you a guaranteed income for a set period of time — or for the rest of your life.

An Iver Capital payday loan debt settlement is a negotiation made between the party who borrowed the money and the payday lender that the borrower will pay back a (usually greatly) reduced amount of the total debt in a lump sum or over a period of time.

Most home equity loans are structured such that you receive a lump sum of money and pay it back in fixed monthly installments over a fixed period of time, typically 10 to 15 years.

But keeping the time value of money in mind, insurance companies charge lesser premium for such a plan compared to the lump - sum payout term insurance plan, for a specific Sum Assured.

In most cases, the beneficiary of the life insurance plan is going to receive the payout in a lump - sum, which means that they are going to get all of that money at one time.

In case you have enough money lying idle or if you receive a huge amount of money as lump sum, you can opt for one time premium.

In short, the Rogers Dream Program grants the employees a lump sum of money to do what they wish — take a trip, buy a car, take time off, etc..

They allow you to convert a lump sum of money into guaranteed income for the rest of your life, or to invest over time and later convert the annuity contract's value into guaranteed income payments.

Term life insurance covers you for a specific period of time — in this case, until your student loans are paid off — and gives your survivors a tax - free lump sum of money that they can use to pay off your debts.

At the end of this time, you get a huge lump sum amount of money back which will include the interest earned.

It is better to invest your money over a period of time instead of investing a lump sum amount in a single go.

For example, if you're near retirement and you have a lump sum of money you want to avoid spending all at once, an income annuity may help you manage your spending by spreading that money out into payments over time.

Lifetime Annuity: A retirement investment product that you fund with multiple premiums or one lump sum of money that is invested and then paid out to you immediately or over time.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

You can either contribute a lump sum of money or make payments into your annuity over time.

Where at the time of maturity you start getting regular income after your retirement and you can also choose your money lump sum amount as a part.

So if at any time, you receive a lump sum amount of money, you can invest it in your annuity plan immediately.

However, the fact stays on that regular expenses are needed to be met on a monthly basis, and a one - time lump sum might sometimes leave the recipient mystified about how to put in or use that money, especially when they are not aware of the financial mumbo - jumbo.

Endowment plans serve the dual purpose of insurance and investment: they provide life insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.

You give them a certain amount of money, either in one lump sum or in multiple installments, then at a predetermined time they pay you an income.

You accumulate the principal for your deferred variable annuity over a period of time by depositing money into the plan at intervals or in one lump sum.