{"id":275,"date":"2011-08-24T13:11:29","date_gmt":"2011-08-24T18:11:29","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=275"},"modified":"2011-08-24T13:12:48","modified_gmt":"2011-08-24T18:12:48","slug":"waiting-for-a-retirement-annuity","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/waiting-for-a-retirement-annuity","title":{"rendered":"Waiting For A Retirement Annuity"},"content":{"rendered":"<p>I have been advising, writing and blogging clients\u00a0 about the dropping interest rates over the last 2 years for life annuities.<\/p>\n<p><a href=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005717962Small.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-279\" title=\"waiitng for a retirement annuity\" src=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005717962Small-300x201.jpg\" alt=\"\" width=\"210\" height=\"141\" srcset=\"https:\/\/lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005717962Small-300x201.jpg 300w, https:\/\/lifeannuities.com\/blog\/wp-content\/uploads\/2011\/08\/iStock_000005717962Small.jpg 845w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a><\/p>\n<p>But does anyone listen? Just like government overspending and the weather, it is very hard to change per-conditioned behavior.<\/p>\n<p>The latest example is a man born in 1933 who decided in February 2011 not to take a life annuity which would pay $1588 monthly for life. So he waited until now to receive $1484m, if he decides to proceed.<\/p>\n<p>So what has he achieved? He has lost 6 months of payments at $1588 and permanently lost $100 a month for the future. If he doesn&#8217;t take it now he could lose considerably more. The US has shut down its interest rate window for another 2 years, so how can Canada raise rates? And even if the Bank of Canada does raise interest rates, how do you know that it will beneficially affect your annuity?<\/p>\n<p>Do your planning effectively; read all you can, make a decision, then act.<\/p>\n<p><a href=\"http:\/\/www.lifeannuities.com\">Annuity <\/a>&#8211; Home Page<\/p>\n<p><a href=\"http:\/\/www.lifeannuities.com\/quotation.html\">Annuity<\/a> &#8211; Quote Page<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have been advising, writing and blogging clients\u00a0 about the dropping interest rates over the last 2 years for life[&#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-275","post","type-post","status-publish","format-standard","hentry","category-retirement"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/275","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=275"}],"version-history":[{"count":6,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/275\/revisions"}],"predecessor-version":[{"id":281,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/275\/revisions\/281"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}