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:


Secure Horizon Settlements Will Pay Utility Bills for Five Lucky Winners in New Nationwide Contest
Winners of Secure Horizon Settlements new contest will receive one month of utilities for their home or apartment free, but must call in to qualify before September 1st, 2014. (PRWeb August 27, 2014) Read the full story at

Why Bank of America deal might not cost it $17B
WASHINGTON (AP) EUR” How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar. Inflated figures make sensational headlines for the Justice Department, and $17 billion would be the largest settlement by far arising from the ...

Secure Horizon Settlements Amps Up Digital Outreach through New Website Features
In addition to the new website launched earlier this year, Secure Horizon Settlements is upgrading online efforts to assist annuitants wishing to sell lottery payments or sell structured settlements for a lump sum of cash. (PRWeb August 05, 2014) Read the full story at

Secure Horizon Settlements makes Statement Urging Annuity Owners to Consider Selling their Payments over Taking out .
Loans can be costlier in the long run, but lump sum companies like Secure Horizon Settlements offer Structured Settlement Recipients and Lottery Prize Winners the opportunity to leverage money they are due in the future to settle their debts now. (PRWeb August 18, 2014) Read the full story at

Asta Funding, Inc. Announces Financial Results for Third Quarter and Nine Months of Fiscal 2014
ENGLEWOOD CLIFFS, N.J. -- Asta Funding, Inc. (the "Company"), a consumer receivable asset management and liquidation company, today announced results for the three months and nine months ended ...

Why BofA deal might not cost it $17B
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much...

Disabled Americans seek more consumer protection - Frost Illustrated

Disabled Americans seek more consumer protection
Frost Illustrated
WASHINGTON (NNPA)EUR”In a popular TV advertisement, ordinary citizens loudly declare to the world, EURśIt's my money, and I need it now!EURť It seems like a reasonable request. But this instant-gratification, through a process called structured settlement .


Structured Settlement Funding and Why It's Important -

Structured Settlement Funding and Why It's Important
Farmington Hills, MI: So you have heard this term called structured settlement funding. Perhaps it's something your attorney has talked about, or maybe you've just seen it doing random online searches as your case percolates through the courts.


JGWPT Reports Second Quarter TRB of $288 Million; Adjusted Net Income Increases to $17 Million
JGWPT Holdings Inc. , a leading purchaser of structured settlement payments, annuity payments, lottery payments and other receivables through its J.G...

A Call to Action: Increasing Plaintiff Protection in Settlement - Legal Examiner

A Call to Action: Increasing Plaintiff Protection in Settlement
Legal Examiner
A reader of our firm's blog recently commented on a guest post written by constitutional and legal expert John Vail. Vail wrote about the introduction of Bill H.R. 3699, the Structured Settlement Claimants Rights Act. If written into law, H.R. 3699 .



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