Are you being held back in life simply because making a positive change would cost too much money? Perhaps you’ve considered going back to school, purchasing a home, or paying off debt. Accomplishing any of these would require a large lump sum of cash. If you’re receiving annuity payments, the thought has probably crossed your mind that if you sell those payments and receive your money all at once, you could live the life you’ve always dreamed of.
Selling Your Annuity Payments for Cash
So what’s holding you back? Many recipients of annuity payments feel that the security of receiving dependable payments outweighs the benefits that could be achieved by selling. They worry that selling their annuity payments for cash now may negatively affect them in the future. This is simply not the case. There is not a one-size-fits-all approach to selling annuity payments. In fact, there are many options available that can help you achieve your immediate financial goals while still receiving steady payments. Before you reject a decision that could impact your life for the better, make sure you have all the information you need and are aware of the opportunities available to annuitants.
If you’re worried about losing out on future payments by selling now, you should know that you don’t have to sell your entire annuity. You have the option of selling only a portion to address your immediate need while still maintaining steady payments for the future. In fact, people just like you have allocated a part of their annuity towards improving their lives while still continuing to receive regular payments.
Leslie, a customer of SellYourStructuredSettlement.com, came to us with a problem. She was receiving payments from an annuity but had a propensity for over-spending. As a night shift clerk and a mother of two, Leslie longed for employment that would allow her to spend more time with her children. She considered going back to school, but the cost was just too great and a student loan would cripple her financially. She thought about selling her annuity payments to cover her schooling costs, but the consistent payments she received helped her budget properly and she was terrified of spending away her entire annuity, leaving nothing for the future.
Clearly, training for a better career could substantially improve Leslie’s life, however, her frivolous spending habits could wreak havoc on her ability to provide for her family in the future. We counseled Leslie to sell only part of her annuity payments – enough to cover her school costs – and continue to receive payments on the remainder. Today, Leslie works 9-5 as a paralegal and is able to spend mornings and evenings with her children. She also continues to receive payments from her annuity and is confident in her ability to thrive and prosper in the future.
Leslie’s case is not unique; we speak to customers just like her every day and help them make the best decision for their particular situation. For instance, we helped Dan sell a portion of his annuity payments to purchase a home, establishing security for the future. Similarly, we assisted Miranda in paying off nagging credit card debt while maintaining the steady payments she depends on.
Whatever your situation, we can help you make the decision that’s right for you. Our customer service representatives are trained to evaluate your personal circumstances and present you with the best available options. If you have an immediate financial need but are worried about how the loss of your payments will impact your future, we will work with you to devise a solution that will allow you to move forward in your life without jeopardizing your future. Think of our customer service team as valued advisors you can trust. We don’t employ high-pressure selling techniques and never encourage our customers to make decisions against their best interests.
When it comes to your financial health, knowledge is the greatest tool you can arm yourself with. Let us provide you with the information you need to make an informed decision that will improve your life for the better.
Call or email today for a no-obligation quote and get started on the path towards a brighter future.