Having regular payments scheduled to arrive at certain intervals could feel reassuring, but economy fluctuations and more factors can always influence one’s finances plans. Annuity holder can now sell these and obtain cash, enjoying a great financial boost when needed.
With an annuity, you are forced to wait each time to get a bit of your money. Benefits come in time, and not exactly when you need them, thus you are forced to accept small sums. A financial emergency that you may not foresee may then put you in trouble. Here is when selling your annuity will save you. It is your best bet when a big unscheduled expense strikes.
Making an Investment or a Large Purchase
Retirement has proven to be an inspiring time for many. It gives plenty of time on one’s hands to come across amazing business opportunities, like making a serious investment. Anyone with a clear mind won’t be hindered by retirement, but stay active and seize any chance at a better financial development. Thus, if you will face a large purchase or an investment, it would be better to sell your annuity and receive that cash to make those plans come true.
Putting Money in Your Pocket Without Adding Debt
If you need to sell an annuity, you are probably facing a financial crisis. In this case, you won’t have to fear any added debt. You won’t be taking funds from anywhere else, but use money which is actually yours. You will never have to pay back these funds.
Enjoying the Best of Both
With annuity buyers like JG Wentworth you can walk on both roads if you are unsure. There is no rule that obliges one to sell the whole of their annuity. Thus, you may sell only part of your annuities and keep the rest in order to receive payments as scheduled. It is up to you what kind of benefit you will enjoy – long-term or immediate one. With JG Wentworth you may choose to sell half every month, thus receiving more money when you need it, while still having the benefit of scheduled payments in future. JG Wentworth is a partner that doesn’t push you to adopt any radical solution.
The staff at J.G. Wentworth is well aware that you cannot wait for the many scheduled payments to arrive in order to handle certain situations. You no longer have to wait for the fixed payments – use your money as needed and stay away from debt.