Annuitization Phase

The moment your annuities begin to pay out.

Example: You’ve just turned 65. Greyer, humbler, and crinklier than ever. You need money from the $100,000 fixed-rate annuity you purchased a decade ago. Pronto. Luckily, your annuity kicks into the annuitization phase and begins to deliver the green stuff.

Your annuitization pay-out calculator shows you that, based on six percent interest and a three percent inflation rate, your annuity pays you $1,102.24 on a monthly basis. Enjoy that used Winnebago. The living room with the hole in the wall has a great view of...stuff.