Why Not To Buy An Immediate Annuity? 
An immediate annuity is an ideal solution for turning a lump sum of money into income that you can not outlive . This is the basic form of annuity . This will provide assurance that a floor of basic needs can be predictably paid . You might want to keep some money back to provide inflation protection ; however , the immediate annuity provides something intangible as well , peace of mind . 