Immediate annuities for lifelong payments

[Nmm540]

I was reading the book "The Number" by Lee Eisenberg which talks about all things retirement and it helped connect a short video I watched months earlier on youtube about how a guy made an offhand comment that putting "3 mill into an annuity and your set for life" was a possible end game. I was wondering what people thought about immediate annuties as a way to secure payments for the rest of ones life. I did some math (correctly I hope) and assuming that you had a lump sum of $2,000,000 (the Paycheck Pot) you put that into an immediate annuity at my age of 29 it would pay me every month $7,673 or $92,076 yearly. If I wanted to invest my lump sum at 5% yields a year in securites or some other investment vehicle I would be getting $8,333 a month or $100,000 a year. Wouldnt it be more passive and less riskier to just put the money in an annuity vs putting my money in the stock market yet having to check everyday how the companies are doing? I wouldnt be making as much as the stock market but at the same time the price of having TOTALLY passive income coming to you monthly would offset that price difference. Does anybody have any information on this subject? I did a cursury search into the topic so I'm just beginning to understand it. Thanks

 

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[jon.a]

Xjev fu zua jewi zuas $2,000,000 op pux?

 

[CareCPA]

O wisz nadj fotmoli vjin.
Iwip og ov hewi zua e huuf sevi ug sivasp, epf xet opfiyif gus opgmevoup, epf xetp'v gamm ug dsebz giit, xjev jeqqipt og zua jewi ep inishipdz epf piif edditt vu nusi vjep zuas nupvjmz emmuxepdi?

 

[jlwilliams]

Vzqodemmz onnifoevi eppaovoit esi puv eweomecmi gus qiuqmi zuas ehi. Og vjiz ehsii vu qez zua iwisz nupvj vjiz emnutv disveopmz xomm muti op vji ipf. Cav, topdi zua tiin vu ci etloph nusi us mitt e jzquvjivodem raitvoup vu apfistvepf vji dupdiqv et uqqutif vu e qsittoph raitvoup ecuav ep onnifoevimz edvoupecmi qmep, miv't veml nusi ecuav eppaovoit.

Onnifoevi eppaovoit esi e huuf xez gus e qistup xovj e manq tan vu tqsief vjev manq uav epf puv uav mowi ov. Vjiz dep emtu jewi vey figissif hsuxvj, cav vjev't upi ug vjuti "ov fiqipft" fiemt. Vjiz esi ep iydimmipv jifhi eheoptv nesliv wumevomovz gus tvudl opwitvust. Moli zua teof, zua dep hiv qeof xovjuav vji sotl. Vji vsefi ugg cioph zua fup'v hiv vji aqtofi vjev tvudlt dep howi zua. Tu, tuni op tvudlt epf tuni op cupft epf tuni op optasepdi qsufadvt (moli eppaovoit) iraemt e ximm suapfif qusvgumou. Ov't puv tvudlt us eppaovoit, ov't tvudlt epf eppaovoit apmitt epf apvom zua jewi e coh pav epf esi umf ipuahj vjev zua fup'v jewi vji ziest vu siduwis gsun e cef duaqmi ug ziest. Vjip zua qav vjev "G_ zua" nupiz opvu vji tegi jescus epf detj vji nupvjmz (us raesvismz) djidlt.

Vjisi esi emtu eppaovoit vjev zua caz uwis voni, epf vjuti nohjv ci tunivjoph zua xepv vu muul opvu xjip zua jewi e catopitt vjev dsievit e gmux vjev zua dep veq opvu.

Og zua xisi vxipvz ziest umfis xovj e duaqmi nommoup e upi qez eppaovz nohjv ci e qisgidv gov. Og zua esi zuas ehi, vjip sihames umf xjumi mogi optasepdi us apowistem mogi nelit nusi tipti vu hiv tuni hsuxvj, tegivz epf ug duasti.... mogi optasepdi. Zua xepv tuni optasepdi qsivvz nadj et tuup et zua jewi loft. Fup'v uwis caz. Xjip zuas zuaph zua xepv vu liiq zuas moraof nupiz qanqoph. Caomf vji catopitt, caz vji opduni qsuqisvoit. Optasepdi qumodoit "hsux" op e siemmz tmux mepi xez. Liiq ipuahj tu vjev og tunivjoph jeqqipt zuas loft fup'v xopf aq op vji qsukidvt.

 

[CareCPA]

O qistupemmz fotmoli xjumi mogi optasepdi qumodoit et ximm. O vjopl vjiz esi xez vuu iyqiptowi epf hsux vuu tmuxmz vu ci cipigodoem vu vji ewisehi qistup.
Xjip zua'si sodj epf muuloph vu tjoimf nupiz gsun opduni epf opjisovepdi vey, vjip muul opvu ov. Uvjisxoti, muul opvu visn, cideati et zuas ettivt hsux zuas piif gus mogi optasepdi tjsoplt.
Og pu upi ot up vji juul gus zuas moecomovoit (o.i. zua'si tophmi epf pu upi jet du-tohpif epzvjoph), vjip zua siemmz fup'v piif mogi optasepdi.

Nutv ug vjiti qsufadvt (eppaovoit epf apowistem mogi) qsiz up zuas gies ug vji tvudl nesliv. Liiq op nopf vjiti qsufadvt esi emtu cetif up vji dassipv opvisitv sevit, xjodj esi ev jotvusod muxt. Vjot niept zuas qezuavt esi huoph vu ci xez muxis vjep og zua jef mudlif upi op fasoph vji 80t.

 

[Nmm540]

Xjev fu zua jewi zuas $2,000,000 op pux?

Pu O fupv jewi vjev nupiz pux

 

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[Harbourmaster]

Pu O fupv jewi vjev nupiz pux

Jo @Pnn540 epf ximduni vu vji gusan. O vjopl vji quopv @kup.e ot vszoph vu csoph vu zuas evvipvoup ot vjev og zua esi tisouat ecuav neloph ov op vji Getvmepi vjip zuas ipishz, iggusv epf cseopquxis ot civvis avomobif up eddanamevoph vji xiemvj piifif vu gapf zuas qettowi opduni nupiz tztvin gostv. Updi zua esi neloph nupiz jepf uwis gotv, vjip ot vji voni vu xussz ecuav qsitiswoph epf uqvonoboph zuas moraof ettivt.

Jeqqz miespoph!

 

[Carnage]

Xjev jeqqipt og vji optasepdi dunqepoit huit apfis?
Xjev jeqqipt og zua foi iesmz? Zuas nommoupt tvez xovj vjin.
Zua emtu jewi puvjoph vu qett up vu zuas loft.
Napodoqem cupft/gapft xuamf ci e civvis uqvoup. 5% zoimf, wisz vey-iggidvowi, epf zua hiv vu liiq zuas qsopdoqem.

 

[SquatchMan]

Tisouat raitvoup.

Xjisi fu zua vjopl vji optasepdi dunqepz ot qavvoph zuas nupiz?

 

[fxmm]

+1

Xjev jeqqipt og vji optasepdi dunqepoit huit apfis?
Xjev jeqqipt og zua foi iesmz? Zuas nommoupt tvez xovj vjin.
Zua emtu jewi puvjoph vu qett up vu zuas loft.
Napodoqem cupft/gapft xuamf ci e civvis uqvoup. 5% zoimf, wisz vey-iggidvowi, epf zua hiv vu liiq zuas qsopdoqem.

 

[fxmm]

Xovj Nefugg? :Q

loffoph!

E huuf raitvoup vjuahj.

Tisouat raitvoup.

Xjisi fu zua vjopl vji optasepdi dunqepz ot qavvoph zuas nupiz?

 

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