Selling Annuity Income Payments – A Case Study

Fran decided to get a head start on retirement by purchasing an immediate income annuity with a 15 year period certain payment term. When buying the annuity at age 55, she felt certain that she’d be ready to retire by age 60. However, things don’t always work out as planned. At age 59, Fran realized that there was no way she was ready to quit working. Fran also discovered that, when she tried to sell her larger home for a smaller home after her last child moved out, her home needed major renovations before being put on the housing market. Where was Fran going to get the money for these needed kitchen and bathroom repairs? After looking at all her options, Fran decided that by selling annuity income payments, she’d position herself better for the long term.

By continuing to work, Fran realized that she’d no longer need the guaranteed monthly income that her annuity provided. Selling her annuity income under her period certain payment term would provide her with a tidy sum of cash, delivered directly into her hands. Using this money to renovate her kitchen and bathrooms would allow her to sell her home and buy a new, smaller home, providing her a decent profit in the end to invest however she sees fit. “Sign me up!” thinks Fran.

Fran calls the Annuity Specialists at FixedAnnuityDirect.com, the same agency that assisted her in buying her immediate annuity four years earlier. After speaking with the same trusted Annuity Specialist she worked with before, Fran knows she is making the right choice. Selling annuity payments for a lump sum will make her future retirement even more enjoyable.

Fran’s Annuity Specialist gathers quotes, helps her decide which quote to choose and, three weeks later, her lump sum check is sent directly to her. Fran feels she is now set for the long term!

Are you in a situation similar to Fran? If so, the Annuity Specialists will be able to help guide you through the process. Call today at 1-877-519-8599. Our FixedAnnuityDirect.com Specialists will be able to assess your situation and help you decide if selling annuity payments is the right strategy for you.