The Government has today released exposure draft legislation to ensure that a reversionary Transition to Retirement Income Stream
(TRIS) will always be allowed to automatically transfer to eligible dependants upon the death of the primary recipient.
Synopsis: Most non-retired investors value having a guaranteed income stream
in retirement, aside from Social Security.
Fixed immediate annuities for a guaranteed income stream
To protect yourself from being financially crippled, its good to start looking for another income stream
, whether its your own business or investments.
Find the discount rate the factoring company has applied to the income stream
to arrive at the lump-sum amount.
Great business for existing operator as add-on or entrepreneur looking for a solid income stream
flexibility--There is broad flexibility for clients to change the income start date; select or change multiple income stream
start dates; increase or decrease income stream
(s); or opt in or opt out of income stream
The higher the percentage of assets required to produce the income stream
, the more a guaranteed product may be needed.
That income stream
can be provided by fixed annuities.
In November 2006, Prudential Financial launched Highest Daily Lifetime Five, which guarantees an annual 5% income stream
for life based on 5% annual compounded growth on the highest daily protected value.
But when the corporate sector starts paying down debt while the household sector continues to save, a leakage to the income stream
equivalent to the sum of household savings and corporate debt repayment is created.
Paul then sells his business to the Company for $5 million, payable as a lifetime income stream