If you’re old enough and sick enough, and likely to croak before too many years, insurance companies will give you a sweet deal on an immediate pay annuity.
Hand over a small fortune, and they will send you a fatter-than-usual check every month for the rest of your life, which the company expects will be short.
It’s called a “medically underwritten single premium immediate annuity.”
If you’re not sick, the insurance industry will sell you a regular immediate annuity as well, with no medical checkup required. It just won’t pay as much.
Whether sick or healthy, immediate annuities are an option for retirees who fear that they’ll run out of money before they die. You pay the insurance company now, and the company promises a monthly check for life, starting immediately.
An immediate annuity starts paying right away. It differs from a deferred annuity, which takes your money now but pays at some date in the future.
Take advantage of the immediate annuity and enjoy stress free retirement.
Please let me know if you have any questions. I’m here to help! To your incredible FINANCIAL success! “RETIRE BEFORE YOU EXPIRE”
– SHATEKA Husser