subject: How's that Annuity Working For Your? [print this page] How's that Annuity Working For Your? How's that Annuity Working For Your?
Many ideas that started out being the right one to make may, for whatever reason, cease to be the way to go. There are situations where having a fixed interest return on your annuity seems like a good idea. As market conditions change, a rate of return that once seemed attractive suddenly is not the preferred way to handle your money. As the stock market works to rebuild its worth (as do the both the banking and housing industries) there are many options out there offering interest rates that were previously unavailable to consumers. It is in cases such as this that you may want to consider selling off some or all of your annuity to put those funds into a more profitable investment.
Guaranteed funds that were considered a worthy investment in the past are not as attractive as they once were and in some cases may have actually gone down in recent years. An immediate investment opportunity may have the possibility of offering a greater return than a currently held fixed annuity.
Interest rates offered five years ago by insurance companies for annuities are not much better than they are now. Add to that the fact that it is not certain that tax rate will not rise in the future. There are many tools used by government and financial institutions to stimulate the economy. Depending on the interest rate of your current annuity and the amount of remaining payments left this could be the right time to sell your remaining payments in order to put your money in other investment options.
The rate of return on your fixed annuity may not be the only reason you would want to sell. Maybe you are looking to make much needed home improvements. Maybe your child is looking to start college soon. The housing market is still far from being predictable. Education costs continue to rise even for state run universities and history tells us that that's probably something that is not going to change.
We all need to take a close look at our budgets to determine what is best way to secure our own financial future. This may require the assistance of a financial professional to insure that you are looking out for your best interest. Not just for the right now, but for the future as well. At Rescue Capital, we realize that selling future payments isn't for everyone. Let us discuss your situation and provide you with the best options for you. There is no reason not to put all or part of your annuity in your hands today. Call 866.688.3532 today for your free no-obligation quote.
Many ideas that started out being the right one to make may, for whatever reason, cease to be the way to go. There are situations where having a fixed interest return on your annuity seems like a good idea. As market conditions change, a rate of return that once seemed attractive suddenly is not the preferred way to handle your money. As the stock market works to rebuild its worth (as do the both the banking and housing industries) there are many options out there offering interest rates that were previously unavailable to consumers. It is in cases such as this that you may want to consider selling off some or all of your annuity to put those funds into a more profitable investment.
Guaranteed funds that were considered a worthy investment in the past are not as attractive as they once were and in some cases may have actually gone down in recent years. An immediate investment opportunity may have the possibility of offering a greater return than a currently held fixed annuity.
Interest rates offered five years ago by insurance companies for annuities are not much better than they are now. Add to that the fact that it is not certain that tax rate will not rise in the future. There are many tools used by government and financial institutions to stimulate the economy. Depending on the interest rate of your current annuity and the amount of remaining payments left this could be the right time to sell your remaining payments in order to put your money in other investment options.
The rate of return on your fixed annuity may not be the only reason you would want to sell. Maybe you are looking to make much needed home improvements. Maybe your child is looking to start college soon. The housing market is still far from being predictable. Education costs continue to rise even for state run universities and history tells us that that's probably something that is not going to change.
We all need to take a close look at our budgets to determine what is best way to secure our own financial future. This may require the assistance of a financial professional to insure that you are looking out for your best interest. Not just for the right now, but for the future as well. At Rescue Capital, we realize that selling future payments isn't for everyone. Let us discuss your situation and provide you with the best options for you. There is no reason not to put all or part of your annuity in your hands today. Call 866.688.3532 today for your free no-obligation quote.
