This is Why It’s Time to Sell Your Annuity


Lump sum or annuity

The long wait is over — you finally won your settlement, whether it?s for a personal injury lawsuit, an auto manufacturing mistake, or something else entirely. Congratulations — but now comes the long wait as you wait for your annuity to get to you.

An annuity is an annual installment of money you?re set to receive. In many cases, this is intended to help people spend their money on what they need, rather than being overwhelmed and spending it all at once on frivolous things.

Many people, though, have real reason for accessing their money now — not later. Let?s review why.

You Have Debt

The average American household is paying over $6,000 in interest alone every year, on their debt. By paying off your debts — whether it?s student loans, a mortgage, an auto loan or a credit card — you can get back control and start saving this money instead of putting your hard earned cash into simply paying off interest.

You Want to Buy a House

You?re ready to start a family and want to buy a house — yet you don?t really have the capital yet to do so. Rather than living in apartments for another three years while you save for the down payment, why not cash in your annuity now so that you can use your money for a great and lasting investment for your family? It?s an option certainly worth considering. Structured settlement cash now can put you in a home you’ll love forever, rather than a home you buy because it simply has the lowest asking price (and likely a leaky roof!).

You Have Student Loans

Did you know that student loans are one of the few debts that can?t be discharged even by a bankruptcy court? That effectively means you?re stuck with them forever, and the interest rates on these loans aren?t very kind. Take advantage of the money you have and say goodbye to these vexing loans forever.

You WANT to Get an Education

The reason people take out student loans is that, despite the cost, those with college degrees make significantly more than their peers without them. If you?ve been thinking about going back to school, this can offer an opportunity for you to do so without having to end up in the poor house. Get your structured settlement cash now, and get out of debt.

You’re Tired of Living Day by Day

Debt has a way of reducing your financial choices to day by day ones. When you sell annuity payments, you gain the ability to start planning in the long term. Get structured settlement cash now, and start to feel like an adult again.

So: if you’re asking, “Can I sell my annuity now?” The answer is yes. While you’ll lose some of the overall value, you’ll gain a lot more flexibility when you sell structured settlement payments.

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