Annuities Explained - Are You Prepared For Retirement?

The requirement for individuals to take control of their own personal retirement plans is much more significant than it was in the past.

The old fall back option of the state pension or of a monthly pension check from your past employer isn't very likely to have the ability to provide anything over and above a simple way of life, and that is a tiny pay back for a lifetime of dedication and hard work.

The annuity is an investment vehicle that many folks find complex and also complicated to understand, nevertheless if you can become familiar with annuities they have the undeniable potential to make an individual's retirement a lot more secure and more enjoyable than would otherwise be possible.

Whether you have saved and invested your money and are now looking for a more reliable investment option or whether you are receiving payments from some sort of structured settlement payout and want to sell your annuity you need to realize that annuities are a long-term financial commitment that need conscientious planning, and there are numerous stumbling blocks that may trap the unwary.

Fortunately, learning about and becoming familiar with these unique financial instruments can pave the way for you to make some additional and very intelligent investment decisions. The very first important point to understand is the fact that annuities can differ significantly in the quantity of risk involved, and it is possible to customize them to line up with your personal needs.

Should you go with one that has a fixed rate, the interest you generate in the beginning phases will probably be fixed as well as guaranteed, delivering the most sound financial starting point possible with regard to your own strategic investment plan.

For people with other sorts of solid investments and can consider a somewhat higher profile of risk, you can attempt to get greater returns with variable annuities. The choices for investing your hard earned money tend to be much larger, so these may be attractive to individuals who would like to have more personal input. There's undoubtedly an increased exposure to risk when you're reliant to some degree upon the stock market, yet mindful selection of mutual funds can easily get the odds substantially on your side.

If you are a newcomer to this kind of purchase, it is important to have annuities spelled out for you. Prior to actually thinking about exactly where to invest your hard earned dollars, study as much as you possibly can regarding annuities on the web, and financial journals and publications. Once you have a good quality fundamental understanding of the topic, you will have the ability to speak to a financial adviser about your future in a thoughtful way. This really is crucial in taking your financial choices to the next level.

A mixture of fixed and variable annuities can provide you with an ideal combination of guaranteed future earnings, and the potential of better returns. Make sure if you select this course of action that you'll be able to commit to your investment plan for the long run. Among the big disadvantages of investing in annuities is that they will invoke penalty clauses should you cash them in prematurely.

You'll be able to sidestep this simply by ensuring you only dedicate what you are able to easily manage to keep up on a consistent basis. Be certain you completely understand and are completely informed of all related fees along with deductions prior to parting with any funds. It is possible to steer clear of the stumbling blocks, and profit significantly throughout your golden years, by honestly understanding annuities and having them explained to you.






 

Annuities News:

 

Oregon Local News - Our Opinion: Oracle the winner in settlement - Portland Tribune

Portland Tribune

Oregon Local News - Our Opinion: Oracle the winner in settlement
Portland Tribune
COURTESY PHOTO: WIKIPEDIA/ORACLE - Executive Chairman and Chief Technology Officer Larry Ellison co You could almost hear the champagne corks .

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MetLife's Corporate Benefit Funding Customer Solutions Center Receives First Ever J.D. Power Certification for . - Business Wire (press release)

MetLife's Corporate Benefit Funding Customer Solutions Center Receives First Ever J.D. Power Certification for .
Business Wire (press release)
EURœAs part of its evaluation, J.D. Power conducted a detailed audit of more than 100 practices in the Customer Solutions Center supporting MetLife's U.S. Pensions, Institutional Income Annuities and Structured Settlements businesses, and surveyed .

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The Pumpkin Retirement Plan: Cultivate the Best Investments and Prune the Worst - TheStreet.com

TheStreet.com

The Pumpkin Retirement Plan: Cultivate the Best Investments and Prune the Worst
TheStreet.com
. start taking income but the stocks she owned were not providing enough consistency. I shared a few ideas with her advisor about bridge loans, structured settlements and real estate that helped him better allocate her money into income producing .

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Metropolitan Life Insurance Company v. Structured Asset Funding, LLC, 14-15-00584-CV (TexApp Dist 08/25/2016) - Texas Lawyer

Metropolitan Life Insurance Company v. Structured Asset Funding, LLC, 14-15-00584-CV (TexApp Dist 08/25/2016)
Texas Lawyer
Personal-injury claims frequently conclude with a structured-settlement agreement in which the parties agree that, instead of receiving compensation for the injury in a single lump sum, the claimant will receive periodic payments. The tortfeasor's .

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Analysts' Recommendations Stocks in Review: Intel Corporation (NASDAQ:INTC) & Metlife Inc (NYSE:MET) - Money News

Newburgh Press

Analysts' Recommendations Stocks in Review: Intel Corporation (NASDAQ:INTC) & Metlife Inc (NYSE:MET)
Money News
EURœOngoing investments in our people and technology facilitate us to continually enhance the service experience.EUR MetLife's Corporate Benefit Funding includes the company's U.S. Pensions, Institutional Income Annuities and Structured Settlements businesses.
Active Stocks to Watch: Intel Corporation (NASDAQ:INTC), ImmunoGen, Inc. (NASDAQ:IMGN), Petroleo Brasileiro .KC Register

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Scott Willkomm Joins Life Equity as Chief Executive Officer - Yahoo Sports

Scott Willkomm Joins Life Equity as Chief Executive Officer
Yahoo Sports
He has extensive experience in life settlements and structured settlements, including his previous roles as Chief Executive Officer of Life Settlements and Mortality-Linked Products with J.G. Wentworth and President, Director, and Chief Executive .

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Structured Settlements, Annuities & Special Needs Trusts - Legal Examiner

Structured Settlements, Annuities & Special Needs Trusts
Legal Examiner
Personal injury lawsuits involving minor or moderate injuries are often settled with lump sum payments, in which the entire settlement amount is simply paid to the plaintiff in full. Cases involving severe injuries, on the other hand, commonly lead to .

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UBS to Pay $15 Million Settlement Involving Retail Sale of Complex Products - Finance Magnates

Finance Magnates

UBS to Pay $15 Million Settlement Involving Retail Sale of Complex Products
Finance Magnates
The Securities and Exchange Commission (SEC) has announced that UBS Group AG (UBSG:VTX) will pay $15 million in penalties to settle allegations that it misled customers in statements provided to retail investors for structured notes linked to certain .
UBS Settles SEC Claims That Sales Reps Weren't Properly Trained on Complex ProductsWall Street Journal
SEC uses big data to make $15-million case against UBS for improper complex products salesInvestmentNews

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Huge settlement for family of man with sore throat who died at Hawaii clinic - CBS News

CBS News

Huge settlement for family of man with sore throat who died at Hawaii clinic
CBS News
The structured settlement will pay a fixed monthly amount for the remainder of the lives of Marrero and her children, Fried said. One of the first things she's doing with the money is rebuilding their home that burned down just a few days before .

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