🧙🏾♂️ Using Annuities to Make Guaranteed Payments to Your Future Self
A Magical Message from the Ministry of Financial Freedom
Congratulations—you’ve just stumbled into an enchanted lesson the financial world never told you: insurance is foundational for building an estate 🏛️.
Yes, you read that right. Insurance isn’t just protection. It’s a powerful tool that—when used with wisdom—can create guaranteed income for your future self, your family, or your trust. This post is part of our public service mission to share financial literacy from a spiritual and strategic lens—rooted in my own path as a licensed insurance agent and newly minted law school graduate who earned an A in estate planning.
🏡 Why Use Insurance to Build Your Estate?
Annuities are misunderstood in the modern world—but they’ve quietly helped millions protect and grow their nest eggs since the 1980s, especially with the invention of fixed index annuities.
Think of an annuity as a magic box: you place your money inside, and over time, that money turns into guaranteed income you can never outlive. That’s right: even if you live to 115, the annuity keeps paying. Now that’s what I call financial kung-fu.
🔍 What Is an Annuity?
An annuity is an investment vehicle sold by insurance companies that turns your lump sum or payments into future income. These are not securities when structured as fixed or fixed index annuities—which I am licensed to offer.
There are 3 basic types of annuities:
Fixed – Steady, predictable growth.
Fixed Index – Growth tied to an index like the S&P 500, but with downside protection.
Variable – Market-based (these are securities and require a different license).
📆 The Three Phases of an Annuity
Accumulation: You contribute funds. Your money grows while you retain control.
Annuitization: You hand control to the insurance company in exchange for income guarantees.
Payout: You start receiving income. Duration depends on the contract—and your life span.
💸 Ways to Fund an Annuity
Single Premium (Lump Sum)
Fixed Premium (Equal payments over time)
Flexible Premium (Pay as you go)
🧾 Types of Annuity Payouts
Immediate – Income starts right away.
Deferred – Income begins later.
Popular Options:
Life Only – Highest income, ends at death.
Cash Refund – Heirs get what's left.
Life with Period Certain – Income guaranteed for a set period.
Joint & Survivor – Great for couples.
The Players in the Magical Annuity Circle
Owner – Can be an individual, trust, or corporation.
Annuitant – Must be a living person; their life determines payments.
Beneficiary – Receives benefits if the annuitant passes.
⚠️ Note: Insurance carriers are not FDIC insured, so always choose a strong, reputable company. At our home office, we only work with top-rated carriers—because your future deserves the best.
🫵 Want help choosing the right annuity?
Reach out for a free financial plan. Baba John, J.D., is a licensed insurance agent in the state of Texas (Primerica) and is here to help you future proof your estate.
Because when you know better, you insure better.
Stay tuned for our next spell of financial wisdom. Until then, your future self says:
“Thank you.”
🎁 Contact
Set up an appointment with Calendly
Follow on Farcaster: @templeofroots.eth
https://calendly.com/ondemandcmo/regenerate
or email baba@adbongo.io
This is not legal advice.