What would you do if you won the lottery? It's a conversation that comes up all the time. What was your answer?
I'm sure "travel the world on a cruise ship in the crystal clear blue and green, salty fresh seas" and "buy my dream house on the shady side of the greenest hill tucked into the relaxing evergreens of the Rockies" were a couple suggestions. Paying off your debt goes without saying.
Another common sub-topic of winning the lotto: would you take the lump sum payment or annuity? Nearly EVERYONE opts for the lump sum payment! You can do so much more
with all of that money right now!
Guess what. You've won your lottery! You can think of your pension as a big chunk of lottery winnings which you're currently taking annuity payments on.
Remember when you said you'll have your lottery winnings served up an a great big lump sum plate? Well that is now a possibility for you with a pension buyout!
Whether you need lump sum pension payment to:
♦ Pay for an unexpected life event
♦ Finance an opportunity
♦ Pay off your mortgage
♦ Go on that much needed vacation
♦ Start your own business
♦ Pay off your debts
Or simply to invest your hard earned money the way YOU deem best, Pension-Loan.org is here to help.
First and foremost, there are no pension loans or loans against pensions. A bank might count your pension as a small, steady stream of income, but they will almost never allow you to borrow against it.
What you need instead is a total, or partial, pension buyout.
To receive a free estimate, simply fill out our short, zero obligation estimate request form. You should receive a response in 2-3 business days.
You will receive several options in a proposal. At that point, you’ll select the terms that will put the right amount of cash in your pocket now and move on to the short application.
Once approved for a pension buyout, you will essentially sell your pension, or part of your pension, for a large, lump sum pension payment.
When you decide to take the leap and make a significant change in your life, you can receive your lump sum pension buyout in as little as 2 to 3 weeks!
Lump Sum Pension Payment Options
One thing many people don’t think about when considering this kind of transaction is that you can choose to sell all or only a portion of your pension payments.
If you’re not comfortable with selling your entire monthly or yearly pension payment, not to worry, it’s not necessary. Note that the minimum monthly stream of payments we’ll purchase is $500 or $6,000 per year.
Pension Buyout Costs
Obviously money today is worth more than it will be in 8 years. So what are the costs to you?
The costs to you, the seller, are roughly the equivalent of a 15% cash advance on a credit card. Some plans will qualify for as little as a 13% “fee.” Where else are you going to find quick cash that cheap?
The actual amount we pay you for your pension and the percentage of your pension that you sell us is calculated mathematically, based on the information you give us in your application.
The typical pensioner will receive a few different money purchase pension plans. From those, you can select the option which seems the most attractive to you, and move forward from there.
How Helpful Can a Pension Buyout Be?
Here’s what a few very happy customers had to say about selling their pensions:
Without them, I am sure that I would probably be on welfare and living in a “homeless” motel. That may sound a little melodramatic or exaggerated, but for a person my age, that is a very real possibility as there aren’t any employers that will give a person my age a first chance.
Jack E. Anderson, MSgt, USAF (Ret)
we were able to consolidate most of our debt, including paying off a car loan and several high interest credit cards and still had enough left for a wonderful very much needed vacation to Indiana to visit with family and see our son graduate high school, we almost gave up on being able to be there for that.
Dolan G. Priest SSgt USMC(Ret)
We had acquired an insurmountable amount of debt. I applied … and paid off all of our debts by utilizing my pension. With the acquisition of my Ph.D. my income is suitable and will continue to grow.
David J. Thomas, Ph.D.
You’ve done your research. The only thing left to do is fill out our free estimate request below and wait to see how much cash you could have in 2-3 weeks. Keep in mind, these are not pension loans, they are pension buyouts, which give you more freedom.
