{"id":20539,"date":"2022-03-03T14:10:01","date_gmt":"2022-03-03T19:10:01","guid":{"rendered":"https:\/\/lifehappens.org\/?page_id=20539"},"modified":"2023-07-12T13:04:05","modified_gmt":"2023-07-12T17:04:05","slug":"how-much-do-annuities-cost-and-are-there-fees-involved","status":"publish","type":"page","link":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/","title":{"rendered":"How much do annuities cost and are there fees involved?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; custom_padding=&#8221;0px||||false|false&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;|auto||auto|false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>It\u2019s good to understand that an annuity transfers the risk of you outliving your assets to an insurance company. In turn, they guarantee a stable income for a specific length of time, or for as long as you live. Depending on the type of annuity you purchase, there may be fees involved in providing this guarantee.<\/p>\n<p><strong><\/strong><\/p>\n<p><strong>How costs are calculated: <\/strong>An insurance company prices its guarantee based upon your life expectancy at the time of application, and the payout period you desire. Generally, the more risk you transfer to the insurance company, the higher the fees.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s good to understand that an annuity transfers the risk of you outliving your assets to an insurance company. In turn, they guarantee a stable income for a specific length of time, or for as long as you live. Depending on the type of annuity you purchase, there may be fees involved in providing this [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"parent":19384,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-20539","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much do annuities cost and are there fees involved? &#8211; Life Happens<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How much do annuities cost and are there fees involved?\" \/>\n<meta property=\"og:description\" content=\"[et_pb_fullwidth_module_placeholder selected_tabs=&quot;all&quot;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/\" \/>\n<meta property=\"og:site_name\" content=\"Life Happens\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/lifehappens.org\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-12T17:04:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/og_image_LifeHappens_logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@lifehappens\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/\",\"url\":\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/\",\"name\":\"How much do annuities cost and are there fees involved? &#8211; Life Happens\",\"isPartOf\":{\"@id\":\"https:\/\/lifehappens.org\/#website\"},\"datePublished\":\"2022-03-03T19:10:01+00:00\",\"dateModified\":\"2023-07-12T17:04:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/lifehappens.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Annuity 101\",\"item\":\"https:\/\/lifehappens.org\/annuity-101\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"How much do annuities cost and are there fees involved?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lifehappens.org\/#website\",\"url\":\"https:\/\/lifehappens.org\/\",\"name\":\"Life Happens\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/lifehappens.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lifehappens.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/lifehappens.org\/#organization\",\"name\":\"Life Happens\",\"url\":\"https:\/\/lifehappens.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png\",\"contentUrl\":\"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png\",\"width\":326,\"height\":50,\"caption\":\"Life Happens\"},\"image\":{\"@id\":\"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/lifehappens.org\",\"https:\/\/x.com\/lifehappens\",\"https:\/\/www.instagram.com\/lifehappens\/\",\"https:\/\/www.linkedin.com\/company\/lifehappensorg\/\",\"https:\/\/www.youtube.com\/c\/LifeHappensOrg\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How much do annuities cost and are there fees involved? &#8211; Life Happens","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/","og_locale":"en_US","og_type":"article","og_title":"How much do annuities cost and are there fees involved?","og_description":"[et_pb_fullwidth_module_placeholder selected_tabs=\"all\"]","og_url":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/","og_site_name":"Life Happens","article_publisher":"https:\/\/www.facebook.com\/lifehappens.org","article_modified_time":"2023-07-12T17:04:05+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/og_image_LifeHappens_logo.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@lifehappens","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/","url":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/","name":"How much do annuities cost and are there fees involved? &#8211; Life Happens","isPartOf":{"@id":"https:\/\/lifehappens.org\/#website"},"datePublished":"2022-03-03T19:10:01+00:00","dateModified":"2023-07-12T17:04:05+00:00","breadcrumb":{"@id":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/lifehappens.org\/annuity-101\/how-much-do-annuities-cost-and-are-there-fees-involved\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lifehappens.org\/"},{"@type":"ListItem","position":2,"name":"Annuity 101","item":"https:\/\/lifehappens.org\/annuity-101\/"},{"@type":"ListItem","position":3,"name":"How much do annuities cost and are there fees involved?"}]},{"@type":"WebSite","@id":"https:\/\/lifehappens.org\/#website","url":"https:\/\/lifehappens.org\/","name":"Life Happens","description":"","publisher":{"@id":"https:\/\/lifehappens.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lifehappens.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lifehappens.org\/#organization","name":"Life Happens","url":"https:\/\/lifehappens.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/","url":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png","contentUrl":"https:\/\/lifehappens.org\/wp-content\/uploads\/2021\/06\/logo_LifeHappens_primary_horizontal_color_SM.png","width":326,"height":50,"caption":"Life Happens"},"image":{"@id":"https:\/\/lifehappens.org\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/lifehappens.org","https:\/\/x.com\/lifehappens","https:\/\/www.instagram.com\/lifehappens\/","https:\/\/www.linkedin.com\/company\/lifehappensorg\/","https:\/\/www.youtube.com\/c\/LifeHappensOrg"]}]}},"_links":{"self":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/20539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/comments?post=20539"}],"version-history":[{"count":4,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/20539\/revisions"}],"predecessor-version":[{"id":24882,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/20539\/revisions\/24882"}],"up":[{"embeddable":true,"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/pages\/19384"}],"wp:attachment":[{"href":"https:\/\/lifehappens.org\/wp-json\/wp\/v2\/media?parent=20539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}