• Question
  • interested in an annunity that will pay monthy income in a couple of years. Or even at present!

    Asked by a 88 year old woman from Temecula, CA on 10/31/2012

    interested in an annunity that will pay monthy income in a couple of years. Or even at present!

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  • Categories: Retirement Planning, How to Choose, Annuities

Answers

  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

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  • Annuity products can be structured to strengthen your retirement financial plan. In many cases, the best type of annuity for retirement is a fixed lifetime annuity with an annual Cost of Living Adjustment that protects your income from the affects of inflation. A fixed lifetime annuity gives you an income stream for the rest of your life – no matter how long you live and it offers a guaranteed payment – regardless of stock market performance.

    Estimate Annuity Costs with the Lifetime Annuity Calculator: https://www.newretirement.com/Services/Annuity_Calculator.aspx

    Find Prescreened Annuity Brokers: https://www.newretirement.com/annuity-marketplace.aspx

  • Login to rate this answer:   Answered on 11/8/2012
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.