Flexible premium annuity with libr for 55&49 yo

[rc26]

Wants something like 100k deposit and add 5k/month for 5 years and then have Gtd income .. American equity looked good but libr starts at age 50

Equitrust looks okay but wondering if there is anything better ?

 

[rc26]

Also I've heard north American but I can't illustrate them right now I can call them though if people think that's best

 

[marc82much]

$100,000 up front and then $5,000 per month gets you $1,577 per month guaranteed for life.

 

[Tahoe Ray]

$100,000 up front and then $5,000 per month gets you $1,577 per month guaranteed for life.

Carrier/product?

 

[marc82much]

Carrier/product?

NLG (LSW) Fit Certain Income assumed male age 55.

 

[rc26]

NLG (LSW) Fit Certain Income assumed male age 55.

Was that quote joint life with 49 f wife as well ?

 

[marc82much]

Was that quote joint life with 49 f wife as well ?

No, male 55, only.

 

[marc82much]

Or go with an IUL and get an immediate Death Benefit of $2,573,465, and tax free income for life. Not to mention $1,500,000 Terminal Illness -- $26,000/mo Chronic Illness -- $1,000,000 lump sum for Critical Illness OR Critical Injury. Might be better than an annuity.

 

[rc26]

Or go with an IUL and get an immediate Death Benefit of $2,573,465, and tax free income for life. Not to mention $1,500,000 Terminal Illness -- $26,000/mo Chronic Illness -- $1,000,000 lump sum for Critical Illness OR Critical Injury. Might be better than an annuity.

Good thought

 

[marc82much]

Good thought

Or, with that much money, do both. $50,000 and $2,500 month into an annuity, like amount into an IUL. Diversification might be good.