Is An Annuity Guaranteed For Life? 
Is an annuity guaranteed for life ? Well you may be an annuity payout and the short answer is yes . You can not outlive an immediate annuity that pays you a stream of income for your life . You can even establish guarantee windows that will continue to pay a payout after you 've passed . they are called period certain payouts . But yes , you can not outlive an annuity payout . 