Personal Finance and Investing

A HERETIC I AM

(24,755 posts)

6. The simplest explanation of an Annuity...(Edited...well......not really. See my post below)

Tue Sep 25, 2012, 07:53 PM

Sep 2012

Last edited Sun Sep 30, 2012, 03:15 PM - Edit history (2)

is that it is an investment portfolio coupled with an insurance contract. The insurance side of it usually has a guarantee of the creation and delivery of a stream of payments for a specific period, up to including the life of the recipient.

A perfect example of this sort of payment stream is Social Security.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

12 replies

= new reply since forum marked as read

Highlight:

A friend of mine [View all] mzteris Sep 2012 OP

If he wants the closest thing to absolute safety SheilaT Sep 2012 #1

Current US Treasury rates are easily found .....(edited) A HERETIC I AM Sep 2012 #3

As far as Annuities go..... A HERETIC I AM Sep 2012 #4

I've never been really clear mzteris Sep 2012 #5

The simplest explanation of an Annuity...(Edited...well......not really. See my post below) A HERETIC I AM Sep 2012 #6

This message was self-deleted by its author A HERETIC I AM Sep 2012 #8

I'd suggest find an investment advisor elleng Sep 2012 #2

If he is looking for absolute safety, then either CD's or Treasuries are his best bet. A HERETIC I AM Sep 2012 #7

Thank you, mzteris Sep 2012 #9

A "Ladder" is a method of constructing a bond or CD portfolio so that the maturities are sequential. A HERETIC I AM Sep 2012 #10

Well, you can scratch Hartford off that list. Common Sense Party Oct 2012 #12

pay off the loans. Sunlei Sep 2012 #11