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179 Don’t Make Me Say I Told You So

run out of money. There is no guarantee of lifetime income with
this form of withdrawal, so it’s possible to deplete your account
more quickly than the rate at which it’s growing. That could mean

running out of money.

Spousal Continuation – Some annuities allow the spouse of the
contract-owner to continue the contract uninterrupted after the

owner’s death.

There are many optional features and riders available in a

variable annuity contract. You will not need all of them, and
adding all of these benefits and riders to your contract will make

it so expensive that you will never make any real money over time.
Learn the features and riders available in any contracts you are

considering, and note the cost associated with each. Then look at
your financial goals to decide which features will help you meet

those goals.

Summary

► Variable annuities have many optional riders and benefits
that can be added to your contract.

► Although there are features that are common to most
variable annuities, each contract has its own specific riders
and costs, and it’s important to know them.

Chapter 4: Annuities

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