What is an Annuity?



When we arrive at retirement, we all wish we could simply receive a monthly pay check and keep-up with our hobbies. Imagine a retirement without stress; imagine receiving a constant income stream for the rest of your life. Put it simply, this is what an annuity is.


What is an Annuity?

 what is an annuity

An annuity is a contract offered by Life Insurance Companies. In exchange of a lump sum of money provided by the investor, the Life Insurance Company guarantees a steady income stream usually paid monthly. In other words; the investor gives the Life Insurance Company his money in return to get a secured pension payment. You can look at the following video for an example:


Annuities Explained


Unfortunately, annuities could be far more complicated than this video. There are several types of annuities and their characteristics vary greatly from one product to another. This is not to mention the annuity cost where rates of return also depend on several factors.


This section has been built after receiving many questions from our newsletter subscribers. You can browse through the different article titles to find what you are looking for. You will find detailed answers to all your questions along with a straightforward point of view on annuities. If you are not already a subscriber, add your name and email address below and you will receive our free guide to annuity on top of receiving additional information about annuities:

Start Your Research Through Those Articles


You can click on any of those articles covering several aspect of annuities.


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Annuity Unique Features

What an Annuity Contract Look Like

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Annuities Myths & Realities

Annuities and Retirement

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