{"id":93,"date":"2010-10-15T08:17:54","date_gmt":"2010-10-15T13:17:54","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=93"},"modified":"2010-10-15T08:17:54","modified_gmt":"2010-10-15T13:17:54","slug":"life-annuities-or-immediate-annuities","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/life-annuities-or-immediate-annuities","title":{"rendered":"Life Annuities or Immediate Annuities"},"content":{"rendered":"<div><span>There is some good advice on life annuities in this <a href=\"http:\/\/money.cnn.com\/2010\/10\/12\/pf\/expert\/401k_annuities.moneymag\/\">Money  Magazine Article<\/a>.<\/span><\/div>\n<div><span><br \/>\n<\/span><\/div>\n<div><span><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-94\" title=\"Life annuities or Immediate Annuities\" src=\"http:\/\/www.lifeannuities.com\/blog\/wp-content\/uploads\/2010\/10\/iStock_000005206508Small-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/>Canadian call them &#8220;life annuities&#8221; while Americans call  them &#8220;immediate annuities&#8221; but they serve the same purpose; they guarantee to  pay\u00a0 you and your spouse an income for life, with or without a guarantee  period.<\/span><\/div>\n<div><span><br \/>\n<\/span><\/div>\n<div><span>How much should you convert? Enough to make you feel  comfortable that you have a guaranteed income that no one or no government can  take away.<\/span><\/div>\n<div><span><br \/>\n<\/span><\/div>\n<div><span>Should you invest everything into a life annuity? No, you  should keep enough for emergencies, perhaps in a 30 day certificate that rolls  over automatically.<\/span><\/div>\n<div><\/div>\n<div><span>Should you wait till interest rates go up? Yes, if you are  40, no if you are 60 and beyond. Interest rates and your age are the 2 key  elements in an annuity and you could wait and wait and not be able to make up  lost payments. And with medical advancements life expectancy is increasing which  is lowering payments for life annuities.<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>There is some good advice on life annuities in this Money Magazine Article. Canadian call them &#8220;life annuities&#8221; while Americans[&#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-93","post","type-post","status-publish","format-standard","hentry","category-retirement"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/93","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=93"}],"version-history":[{"count":2,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/93\/revisions"}],"predecessor-version":[{"id":96,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/93\/revisions\/96"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=93"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=93"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=93"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}