{"id":254,"date":"2011-08-17T12:56:32","date_gmt":"2011-08-17T17:56:32","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=254"},"modified":"2011-08-17T13:04:49","modified_gmt":"2011-08-17T18:04:49","slug":"how-to-choose-the-right-annuity","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/how-to-choose-the-right-annuity","title":{"rendered":"How To Choose The Right Annuity?"},"content":{"rendered":"<div><span style=\"font-family: Verdana;\">When considering what sort of life annuity to  buy, people often stop and consider how long a guarantee they should take, or  even if they should take one at all.<\/span><\/div>\n<div><span style=\"font-family: Verdana; \"><a href=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005005286Small.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-255\" title=\"How to choose the right annuity\" src=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005005286Small-300x225.jpg\" alt=\"\" width=\"210\" height=\"158\" srcset=\"https:\/\/lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005005286Small-300x225.jpg 300w, https:\/\/lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005005286Small.jpg 800w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Verdana; \">But there is another important question which is  not always discussed and that is whether both parties should choose to be  annuitants.<\/span><\/div>\n<div><\/div>\n<div><span style=\"font-family: Verdana; \">Let us consider the case where the male spouse is  68 and the female spouse is 63, both in good health. Thee female spouse is 5  years younger and statistically will live 7+ years longer, a difference of some 12  years. If they take a joint annuity, the same payment will be received by either  party until the second death . But that means in all likelihood the female  spouse will have less and less spending power if inflation takes a hold. On the  other hand, only one person has to live on the value of the money.<\/span><\/div>\n<div><\/div>\n<div><span style=\"font-family: Verdana; \">Perhaps the answer lies in the age difference or  the extent of which the life annuity income depends. If there is a sufficient  capital they should choose two single life annuities with the longest possible  guarantee which may well be the answer. Food for thought.<\/span><\/div>\n<p><a href=\"http:\/\/www.lifeannuities.com\/\">Annuity<\/a> &#8211; Home Page<br \/>\n<a href=\"http:\/\/www.lifeannuities.com\/quotation.html\">Annuity<\/a> &#8211; Quotation <\/p>\n","protected":false},"excerpt":{"rendered":"<p>When considering what sort of life annuity to buy, people often stop and consider how long a guarantee they should[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-254","post","type-post","status-publish","format-standard","hentry","category-retirement"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/comments?post=254"}],"version-history":[{"count":5,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/254\/revisions"}],"predecessor-version":[{"id":259,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/254\/revisions\/259"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}