What happens when you wait to receive income from an annuity?<\/p>\n
If you are waiting because you believe you will get more money each month, well, that might be true; your monthly payments might be greater.<\/p>\n
But how much greater? Let’s say instead of taking a $1000 monthly annuity income today, you wait 6 months and receive $50 more annuity income\u00a0 or $1050. You have missed out on $1000 x 6 months which you are now making up at the rate of $50 a month. That means that you must live at least 10 years to make up this difference.<\/p>\n
But this ignores the fact, that for annuity rates to increase by 5% in 6 months, requires a lot higher bond interest rates and very strong business activity.<\/p>\n
This is not what is happening today. Interest rates have been at an all-time low for a long time and it may well be 2014 until interest rates increase. If your investment is not making a solid return, you need to take advantage of coupling your age with the capital to get yourself a good, guaranteed annuity income.<\/p>\n","protected":false},"excerpt":{"rendered":"
What happens when you wait to receive income from an annuity? If you are waiting because you believe you will[…]<\/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":[92],"class_list":["post-600","post","type-post","status-publish","format-standard","hentry","category-retirement","tag-income-annuity"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/600","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=600"}],"version-history":[{"count":7,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/600\/revisions"}],"predecessor-version":[{"id":730,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/600\/revisions\/730"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}