During your working life, you would have definitely thought of going in for a guaranteed interest contract so that you earn a good income when you are into retirement.
There are many options that actually allow you to do this.
If you are looking at just earning something to keep your taxes covered, then a few public bonds or a fixed bank deposit should be enough.
However, most Americans want a lot more from their earnings.
Annual investments across the retirement plans are expected to earn the average American some good income.
Gone are the days when annual investments in retirement schemes did not get you something in return.
The scenario then was very different.
There was a 0% return on these annual investments to the investor while the investing company earned by distributing the investments in stock market and real estate properties.
The scenario has changed drastically.
The monopoly of the retirement plan players have ended long ago and every retirement planning is now tagged with yearly or monthly returns for the investor.
Annuities provide the best guaranteed interest contract that the normal American annuitant is looking for.
You invest to earn money either monthly, six - monthly or annually.
So long as the coverage and the trade offs are transparent, there should be no issues.
Post death insurance benefits provide benefits to the surviving nominees or the legal claimant of the insurance policy amount.
What about getting the benefits before death? This is exactly what the annuity scheme does.
It pays as per the guaranteed interest contract to the annuitant while at the same time the provider is reworking upon investments to earn the best returns.
The annuity guarantee is one of the safest modes of investments today.
It allows you to earn interest after a specified period and makes way for those extra incomes that you needed.
Children's education, urgent medical expenses, refurbishing the house or some other major expenses can be met out of the extra incomes that you are earning now.
First, make sure that your guaranteed interest contract provides for the interest payments to you through direct deposits in your bank account.
Make your money earn that maximum mileage for you.
Trust your investments in a reputed annuity providing company that honors payments at fixed rates to all the customers.
These companies know where to invest your money so that you earn your income and they earn theirs.
You may not require all the returns you receive every month - accumulate the remaining amount in some other easy liquidity fund so that in an emergency you can withdraw without paying a withdrawal fee.
Over the years as the fund accumulate to a sizeable amount; you are able to open up another line of passive income through another annuity account.
Alternatively, you can now afford to take a little risk and invest in a real estate property and give it out on rent.
That should start another line of income for you.
The guaranteed interest contract opens up floodgates of additional lines of income for you, even as your retirement fund keeps working with annuity payments.
There are many options that actually allow you to do this.
If you are looking at just earning something to keep your taxes covered, then a few public bonds or a fixed bank deposit should be enough.
However, most Americans want a lot more from their earnings.
Annual investments across the retirement plans are expected to earn the average American some good income.
Gone are the days when annual investments in retirement schemes did not get you something in return.
The scenario then was very different.
There was a 0% return on these annual investments to the investor while the investing company earned by distributing the investments in stock market and real estate properties.
The scenario has changed drastically.
The monopoly of the retirement plan players have ended long ago and every retirement planning is now tagged with yearly or monthly returns for the investor.
Annuities provide the best guaranteed interest contract that the normal American annuitant is looking for.
You invest to earn money either monthly, six - monthly or annually.
So long as the coverage and the trade offs are transparent, there should be no issues.
Post death insurance benefits provide benefits to the surviving nominees or the legal claimant of the insurance policy amount.
What about getting the benefits before death? This is exactly what the annuity scheme does.
It pays as per the guaranteed interest contract to the annuitant while at the same time the provider is reworking upon investments to earn the best returns.
The annuity guarantee is one of the safest modes of investments today.
It allows you to earn interest after a specified period and makes way for those extra incomes that you needed.
Children's education, urgent medical expenses, refurbishing the house or some other major expenses can be met out of the extra incomes that you are earning now.
First, make sure that your guaranteed interest contract provides for the interest payments to you through direct deposits in your bank account.
Make your money earn that maximum mileage for you.
Trust your investments in a reputed annuity providing company that honors payments at fixed rates to all the customers.
These companies know where to invest your money so that you earn your income and they earn theirs.
You may not require all the returns you receive every month - accumulate the remaining amount in some other easy liquidity fund so that in an emergency you can withdraw without paying a withdrawal fee.
Over the years as the fund accumulate to a sizeable amount; you are able to open up another line of passive income through another annuity account.
Alternatively, you can now afford to take a little risk and invest in a real estate property and give it out on rent.
That should start another line of income for you.
The guaranteed interest contract opens up floodgates of additional lines of income for you, even as your retirement fund keeps working with annuity payments.
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