Can Annuity Can Take Care of All Bills at Age 55?

[fatima]

My agent (347-280-8826) told me to have fixed annuity. It will take care of my all bills right after 6 months of opening the annuity. I want to learn more about it.

 

[bigjake]

Depends on how much you put into it and how much you are getting paid each time. Are you planning on getting a monthly income? Was it proceeds from a life insurance policy? Retirement or savings plan?

Were any of the words "variable", "Indexed", "guaranteed", "immediate", "lifetime", or "period certain" used on the brochure? If so, which ones?

 

[Tahoe Ray]

My agent (347-280-8826) told me to have fixed annuity. It will take care of my all bills right after 6 months of opening the annuity. I want to learn more about it.

Maybe ask your NY Life agent?

 

[TreatIns]

Maybe ask your NY Life agent?

Bwhahahaha.

To many variables. How much are you putting in? How many/much are your bills? Etc.........