Seniors who own annuities are faced with various pressing financial concerns. These retirement needs, which range from vacations to medical expenses, can be addressed by selling their annuity payments. If you’re a careful financial planner, you likely purchased an annuity that will provide you a steady income stream in your golden years. Once you begin retirement, however, the course of your life may change with increased medical costs, a tighter budget and lifestyle changes. You might lessen the financial burden of those events by tapping into savings tied to the annuity you intended to use for retirement. Sub Headings: Life Is Full of Unexpected Changes Seniors and Medical Costs Selling Payments to Finance Your Retirement Needs Avoid Carrying Debts into Retirement Pay for a Move Pay Surviving Spouse Expenses Interested in Selling Your Payments? Knowing When to Hold on to Your Annuity Payments Other Reasons for Selling Annuity Payments... ( read more )
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)