Is It Wise To Invest In Annuities?


Most of us have been hearing the word annuity for the longest time but are not totally aware of the meaning and scope of it, as well as its advantages. An annuity is an investment plan paid in lump-sum or through installment over number of years which in return will be given back to the contract owner monthly or yearly, depending on the agreed term. This is also known as a pension plan that income generating people acquire to provide a solution to their financial needs in their old age.

By nature, in terms of payment, this is almost the same with life insurance plan but this does not provide life insurance coverage. In life insurance plans, you protect your love ones when you pass away, with annuities, you protect yourself to the time when you already outlive your income.

If you are decided to get one, you can find annuity market place online like There you can choose the best plan that will suit your current earnings as well as the amount of guaranteed income that you need in old age.

Preparing for old age, especially, when we already outlive our income should be on top of our priorities. Let us be responsible individuals, let’s plan our future through this kind of investment and age gracefully and worry-free.



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  1. Hyanne says:

    This is perfect plan when you are already near retirement and you are right we should be responsible with ourselves so when we get older there’s nothing else to worry and just enjoy life with our love ones.

    • Maica Ocfemia-Figuracion says:

      It’s hard to pass on the burden of old age to our children. So, let’s all be responsible and save up for our future.

  2. jheylo says:

    we’ve never invested in any kinds of annuities yet but I heard it’s good and you can sell it if you want. I don’t know much about it but thanks for sharing

  3. Rcel says:

    For me, it is wise. My sister-in-law has it and when she stopped working at her employer to move to a new one, she was able to get the lump sum of her total envestment. It was so huge. 🙂

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