016: Do You Need Contractual Income Now or Income Later?
IN THIS EPISODE, THE ANNUITY MAN DISCUSS:
How annuities started in the Roman Times
Annuities are the only product that guarantees lifetime income
How Social Security & Pensions are annuity structures
The differences between Income Now & Income Later
KEY TAKEAWAYS:
An annuity should be associated with lifetime income
Payments are based primarily upon your life expectancy at the time you take the payment
Interest Rates play a secondary role in lifetime income pricing
Annuity income is a combination of return of principal plus interest
"There is no ROI (Return on Investment) calculation until you die with annuity lifetime income guarantees.” — The Annuity Man
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