Sell My Annuity: The Perfect Formula

Sell My Annuity

When I decided to sell my annuity, I developed a sure-fire formula to successfully get it done. I’m a chef by trade, so following a formulaic ritual that ensures ingredients are combined to create the perfect meal comes naturally to me. The beauty of a recipe is that it breaks the complicated task of preparing the perfect meal into succinct, manageable parts.

When I began to investigate the possibility of selling my annuity, I was overwhelmed by the sheer amount of information available and decided that this process, too, needed to be broken down and organized into steps that were easy to follow. That’s exactly what I did, and I couldn’t have been happier with the results! Now, I’m going to save you the trouble and share with you the secret formula I developed that helped me to successfully sell my annuity.

Step 1: Consider Your Reasons for Selling
When I made the decision to sell my annuity payments, I knew it had to be for the right reasons; if I was going to forgo my future income stream, I wanted to make sure I was setting myself up for success. People sell their annuities for many different reasons, and each one can be valid for their particular circumstances. Evaluate your own situation, how you intend to use your cash payout, and decide if that will help or hinder you in the future. For instance, when I wanted to sell my payments, I was considering purchasing a home, which would provide me with stability and the opportunity to build equity. I decided to sell my annuity and use the proceeds to put a down payment on a home I would enjoy for years to come. Your reasons for selling may be different than mine, but what needs to be consistent is that your future self will benefit from your choice today.

Step 2: Explore Your Options

Before I made the decision to sell my annuity, I took a look at other options available to me. I went to my parents and asked if they could lend me the money (which they could not) and I also explored options through my bank (again, dead end). In the end, the decision to sell my annuity was the best possible choice for me, but it may not be for you, so make sure you’ve explored other avenues before taking the plunge.

Sell Structured Settlement 1Step 3: Choose a Reputable Buyer
This one may seem like a no-brainer, but trust me, there are some sketchy annuity buyers out there just salivating at the thought of taking your money. Before I decided to sell my annuity, I did some preliminary research online to see what other customers had to say about their experience. That helped me eliminate several of the ‘big’ buyers right off the bat and find, a company that truly cared about me as a person and who I ultimately sold my annuity to.

Step 4: Evaluate Your Treatment
The way your annuity buyer treats you before you sell your annuity, is an excellent indicator of how you will be treated after you sell. If the salesperson you speak to is pushy and uses high-pressure selling techniques to try and convince you to sell your annuity, most likely they are interested in making the sale and nothing more. Good luck getting them on the phone after you’ve sold and forget about receiving any support throughout the process. When I sold my annuity to, I never thought of my customer service rep as a ‘salesperson.’ She was more like a trusted advisor who never pressured me to sell, but instead, helped me prepare a solid financial strategy that set me up for success. She was always available, even after I made the decision to sell, and provided help and guidance each step of the way. I still keep in touch with her and let her know how I’m progressing!

Step 5: Work with a Company You Trust
When I decided to sell my annuity, I had every confidence that was looking out for my best interests and would support me throughout the entire process – from deciding whether or not to sell, to preparing the right documentation and getting the process moving – and I was right. If you have any doubts about the integrity or intentions of the annuity buyer you are dealing with, run, and run fast!

Step 6: Maximize Your Return
If you’ve followed the steps above, this one is easy – you’ve no doubt found an annuity buyer who will give you the biggest bang for your buck. offers some of the highest payouts in the industry; I slept soundly knowing I’d chosen to sell my annuity for the most money possible.

Step 7: Enjoy Your Rewards!

If you’ve followed my formula, then by this point you will have successfully sold your annuity. Now it’s time to put your lump sum to good use and reap the rewards of your great decision!

If you’re ready to sell your annuity or are just looking for information to see if selling is the right choice for you, call at (800) 543-6513 or request a quote today!