Annuity

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There are typically two ways to earn money. The first is through a job earning a wage. The second is through investing, Did you know?

  • An annuity is a way to invest your money
  • You give your money to an insurance company and they later give you some of it back every year for the rest of your life
  • An annuity is a fixed sum of money paid to someone each year
  • Typically an annuity is for the rest of your life
  • Investing makes the money you earn work for you
  • Investing is when you put money and resources into something or someone to earn a profit or income
  • Every investment comes with a different level of risk and timetable for making money
  • An annuity is a long-term investment that is issued by an insurance company
  • It is designed to help protect you from the risk of outliving your income
  • A deferred annuity is when the payments start at a later date
  • For example, someone that invests $300,000 at age 60 might start receiving their monthly income of $2,000 at age 65
  • An excellent annuity will have a triple A rating (AAA)
  • An excellent annuity will have an average (Comdex) rating of 100

Homeschoolers/Educators/Parents: Sketch/color an illustration. Theme: $ money. Write and say the word “annuity” five times so you can learn how to pronounce it and spell it correctly. List five facts about an annuity. Read/listen to the audiobook story called “Little Match Girl” in Learning to Read: Fairy Tale Adventures  (Kindle/Audiobook/Paperback). Write these words in alphabetical order: money, poor, sell, buy, rich. Finish this sentence: The Little Match Girl tried to sell… Talk about some good ways to make money. (Skills: identify, comprehend, describe, analyze, apply, creativity).

About Martha Quinn

Book author, licensed teacher, master's degree (Reading K-12, Social Studies 7-12). Former homeschooler. Happily married Christian with two terrific children. Loves animals, swimming, music, fishing, gardening, cooking, traveling, exciting movies, good books, and the great outdoors.

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