Reader question:

what are life insurance annuities in Houston?

Larry

Excellent question.

Life insurance annuities in Houston are different from regular insurance policies in that they are typically for people who are going to live for awhile. If you think that you will live past your well off days, then buying one of these policies might be advisable.

These annuities are a great source of income for when you are retired, even if you have a pension. If you are married and both you and your spouse think you will live a long life, then it may be a good idea to get a joint policy. Although you will recive a lower monthly benefit from this, in the end the payout will be higher, which is good because it is cheaper to live as a retired couple than as a retired widow(er).

While some people may be scared about getting killed in some accident even though they are very healthy, and this may deter them from buying life insurance annuities in Houston, you shouldn’t let this keep you away. Sure, accidents happen, but it’s far more likely than you won’t, and if they don’t then 50 years from now you will be looking back and wishing you had purchased that life annuity policy.

take care,

Fashun