What Are The Best Ways to Get a Lifetime Income Stream from an Annuity?
Question: Stan, what are the best ways to get a lifetime income stream from an annuity? Larry from Maryland Answer: Good question Larry. Annuities are pure transfer of risk strategies, and the only product that guarantees income for life regardless of how long you live. There are really 2 ways to solve for lifetime income using annuities, Income Now or Income Later. You either need income to start immediately or sometime down the road. Let’s look at the best ways to achieve both. Income Now...
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