{"id":718,"date":"2012-04-27T12:11:22","date_gmt":"2012-04-27T17:11:22","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=718"},"modified":"2012-05-03T08:57:58","modified_gmt":"2012-05-03T13:57:58","slug":"waiting-for-your-annuity","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/waiting-for-your-annuity","title":{"rendered":"Waiting For Your Annuity?"},"content":{"rendered":"<p>Are you waiting for interest rates to go up before you take your annuity?<\/p>\n<p>Even our government have realized that waiting may not be the thing to do as it pays a reduced pension at 60 and a full pension at 65. The person who waits till 65 must live till 73 or 74 to receive the same amount of money.<\/p>\n<p>Do you have a guarantee that you will that long and, hopefully in good health?<\/p>\n<p>So if you are waiting, how much does your payment have to increase before you will act? Will $20 or $25 increase be sufficient? Let&#8217;s say it&#8217;s $25 a month and you wait 6 months for that increase. If the original amount has been increased from $500 to $525, or 5% more, are you better off?<\/p>\n<p>Simple arithmetic tells you that have missed 6 payments of $500 or $3000. So to make up that $3000 at $25 a month will take you 12 years. Is that a good deal?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you waiting for interest rates to go up before you take your annuity? Even our government have realized that[&#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":[5,79,91,45,59],"class_list":["post-718","post","type-post","status-publish","format-standard","hentry","category-retirement","tag-annuity","tag-go-up","tag-interest","tag-rates","tag-waiting"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/718","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=718"}],"version-history":[{"count":5,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/718\/revisions"}],"predecessor-version":[{"id":724,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/718\/revisions\/724"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}