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Do you have your "Vacay" check for Life?

Updated: Apr 15, 2022

My savvy client is receiving $1,000 a month to travel wherever she wants each year. When we met 11 years ago she said, "I'm rolling over some IRA money and I want to buy a lifetime income annuity to cover my basic needs first... Then, I want to buy a "vacay" annuity second." Go Girl! is all I could say!

We proceeded with a direct IRA Rollover into two separate annuities. One was $239,000 the other was $135,000. Today, 11 years later, she's earning $2,806 monthly from one annuity and $1,075 from the other. Her Vacay money has taken her to the beaches of Baja and the beaches of Rio de Janeiro. She's enjoying her life!

How to Create Your Vacay Check for Life:

Vacay Annuity: Save in your IRA/Roth IRA/401k while you're young. Take a portion of your fixed income portfolio (bond mutual funds, bond ETFs--you know the safe, conservative money and buy a lifetime income annuity with an increasing income option from an A rated carrier like Allianz, Pacific Life, National Life to name a few. Watch this video to learn how to create your own "Vacay "check for life.

#vacay annuity, #retire smarter, #women in retirement

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