The problem with using your annuity to create an inheritance is it doesn’t play to the strength of an annuity. Annuities are great at generating income for your life, not your heirs. While you can modify an annuity to leave some money behind, it’s not the best idea. Instead, why not buy a life insurance policy along with your annuity? This way, you can have you annuity focused solely on generating income while your life insurance will create the inheritance for your heirs.
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Annuity Details: Male, Aged 65, $100,000 Reg Funds, No Guarantee Period
Insurance Details: Term 100, Male, Aged 65, $100,000 , Non-smoker