{"id":40899,"date":"2021-04-26T15:26:49","date_gmt":"2021-04-26T19:26:49","guid":{"rendered":"https:\/\/ilgfinancial.com\/staging\/2370\/?p=40899"},"modified":"2022-05-25T22:08:33","modified_gmt":"2022-05-26T02:08:33","slug":"explore-the-advantages-of-annuities","status":"publish","type":"post","link":"https:\/\/ilgfinancial.com\/staging\/2370\/explore-the-advantages-of-annuities\/","title":{"rendered":"Explore the Advantages of Annuities"},"content":{"rendered":"<p><img decoding=\"async\" class=\"wp-image-41947 alignright\" src=\"https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-1024x683.jpg\" alt=\"\" width=\"500\" height=\"334\" srcset=\"https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-200x133.jpg 200w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-300x200.jpg 300w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-400x267.jpg 400w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-600x400.jpg 600w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-768x512.jpg 768w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-800x534.jpg 800w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-1024x683.jpg 1024w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-1200x800.jpg 1200w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-1536x1024.jpg 1536w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p>When planning for retirement, annuities can be critical to your strategy. They can provide a guaranteed stream of monthly payments that\u2019ll last the rest of your life. Even though annuities may come in all shapes and sizes, here are some potential benefits they can offer:<\/p>\n<ul>\n<li>A\u00a0lifetime payout\u00a0that you can\u2019t outlive, regardless of how long you live or what happens in the stock market<\/li>\n<li>Generally\u00a0greater payouts\u00a0than what you can expect from other investments such as certificates of deposit, money market accounts or bonds.1<\/li>\n<li>The ability to\u00a0take more risk and potentially get better returns.<\/li>\n<li>Tax-deferred growth and compounding\u00a0until you begin to withdraw the income.<\/li>\n<li>There are\u00a0no annual contribution limits,\u00a0allowing you to put away more money for your retirement.2<\/li>\n<li>They\u2019re\u00a0exempt from probate,\u00a0which allows you to leave a cash inheritance for your beneficiaries.<\/li>\n<\/ul>\n<p>Annuities can play a significant role in your retirement and financial future especially when Social Security and pension payments may not be sufficient to cover your basic living expenses. Interested in learning more? Give us a call at\u00a0<a href=\"tel:540-720-5656\">(540) 720-5656<\/a>\u00a0and we can help you decide whether it\u2019s right for your personal situation.<\/p>\n<hr \/>\n<p>1\u00a0<a href=\"https:\/\/money.com\/a-retirement-expert-says-annuities-are-better-than-bonds-for-guaranteed-income-heres-his-argument\/\">https:\/\/money.com\/a-retirement-expert-says-annuities-are-better-than-bonds-for-guaranteed-income-heres-his-argument\/<\/a><\/p>\n<p>2\u00a0<a href=\"https:\/\/www.balancepro.net\/education\/publications\/annuitiesproscons.html\">https:\/\/www.balancepro.net\/education\/publications\/annuitiesproscons.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When planning for retirement, annuities can be critical to your strategy. They can provide a guaranteed stream of monthly payments that\u2019ll last the rest of your life. Even though annuities may come in all shapes and sizes, here are some potential benefits they can offer: A\u00a0lifetime payout\u00a0that you can\u2019t outlive, regardless of how long you live or what happens in the stock market Generally\u00a0greater payouts\u00a0than what you can expect from other investments such as certificates of deposit, money market accounts or bonds.1 The ability to\u00a0take more risk and potentially get better returns. Tax-deferred growth and compounding\u00a0until you begin to withdraw the income. There are\u00a0no annual contribution limits,\u00a0allowing you to put away more money for your retirement.2 They\u2019re\u00a0exempt from probate,\u00a0which allows you to leave a cash inheritance for your beneficiaries. Annuities  [&#8230;]<\/p>\n","protected":false},"author":48,"featured_media":41947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3269],"tags":[],"class_list":["post-40899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annuities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Explore the Advantages of Annuities - ILG Financial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ilgfinancial.com\/explore-the-advantages-of-annuities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explore the Advantages of Annuities - ILG Financial\" \/>\n<meta property=\"og:description\" content=\"When planning for retirement, annuities can be critical to your strategy. They can provide a guaranteed stream of monthly payments that\u2019ll last the rest of your life. Even though annuities may come in all shapes and sizes, here are some potential benefits they can offer: A\u00a0lifetime payout\u00a0that you can\u2019t outlive, regardless of how long you live or what happens in the stock market Generally\u00a0greater payouts\u00a0than what you can expect from other investments such as certificates of deposit, money market accounts or bonds.1 The ability to\u00a0take more risk and potentially get better returns. Tax-deferred growth and compounding\u00a0until you begin to withdraw the income. There are\u00a0no annual contribution limits,\u00a0allowing you to put away more money for your retirement.2 They\u2019re\u00a0exempt from probate,\u00a0which allows you to leave a cash inheritance for your beneficiaries. Annuities [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ilgfinancial.com\/explore-the-advantages-of-annuities\/\" \/>\n<meta property=\"og:site_name\" content=\"ILG Financial\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ILGFinancial\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-26T19:26:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-26T02:08:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ilgfinancial.com\/wp-content\/uploads\/2021\/04\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brooks Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ILGFinancial\" \/>\n<meta name=\"twitter:site\" content=\"@ILGFinancial\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brooks Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/\"},\"author\":{\"name\":\"Brooks Brown\",\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/#\\\/schema\\\/person\\\/d88cf660132b40bbe0f571b716edf1cf\"},\"headline\":\"Explore the Advantages of Annuities\",\"datePublished\":\"2021-04-26T19:26:49+00:00\",\"dateModified\":\"2022-05-26T02:08:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/\"},\"wordCount\":212,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ilgfinancial.com\\\/staging\\\/2370\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/advisor-counting-on-calculator-funds-money-payin-2022-01-21-19-22-58-utc-scaled.jpg\",\"articleSection\":[\"Annuities\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/\",\"url\":\"https:\\\/\\\/ilgfinancial.com\\\/explore-the-advantages-of-annuities\\\/\",\"name\":\"Explore the Advantages of Annuities - 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