--- title: "Meaning & Key Takeaway of: So, while it’s clearly in the interests…" description: "\"“So, while it’s clearly in the interests of your pension provider and financial adviser to get hold of your money as soon as they can, it’s probably in..." image: "https://sms4smile.com/quotes/i/d2b/david-craig-23078_money_so-while-it-s-clearly-in-the-interests-o_181307.jpg" --- # So, while it’s clearly in the interests of your pension… ![“So, while it’s clearly in the interests of your pension provider and financial adviser to get hold of your money as soon as they can, it’s probably in your interest to buy your annuity as late as possible or” quote by David Craig](https://sms4smile.com/quotes/i/d2b/david-craig-23078_money_so-while-it-s-clearly-in-the-interests-o_181307.jpg) [Download](https://sms4smile.com/quotes/i/d2b/david-craig-23078_money_so-while-it-s-clearly-in-the-interests-o_181307.jpg) [Open image](https://sms4smile.com/quotes/i/d2b/david-craig-23078_money_so-while-it-s-clearly-in-the-interests-o_181307.jpg) > ““So, while it’s clearly in the interests of your pension provider and financial adviser to get hold of your money as soon as they can, it’s probably in your interest to buy your annuity as late as possible or”” [David Craig](https://sms4smile.com/quotes/author/david-craig/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Delaying annuity purchases can benefit the buyer, despite providers wanting early access to funds. **In simple terms:** Buying annuities later can be better for you. Key Takeaway Consider timing when purchasing annuities. Themes finance retirement strategy Mood analytical cautious Type advisory pragmatic When to use this quote - retirement planning - financial advising - market analysis - tax planning Key Concepts cash flow investment timing Questions to Reflect On - What factors influence the optimal annuity purchase time? - How do provider incentives affect your decision? A Different Perspective Early purchase may be advantageous in low-rate environments. ★ ★ ★ ★ ★ No ratings yet [Annuity](https://sms4smile.com/quotes/about/annuity-678068/) [Annuity Late](https://sms4smile.com/quotes/about/annuity-late-1938434/) [Buy Annuity](https://sms4smile.com/quotes/about/buy-annuity-1938435/) [Interests Pension](https://sms4smile.com/quotes/about/interests-pension-1938436/) [Money](https://sms4smile.com/quotes/about/money/) [Money Soon](https://sms4smile.com/quotes/about/money-soon-861242/) [Rich](https://sms4smile.com/quotes/about/rich/) ## Related quotes > [People worry that if they buy an annuity and then die before the policy starts to pay off, their heirs will lose out. I…](https://sms4smile.com/quotes/richard-thaler/people-worry-that-if-they-buy-an-annuity-and-then-die-before-the/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [You don't date an annuity, you marry it. An annuity isn't a mutual fund that you buy today and sell tomorrow. Nor is it…](https://sms4smile.com/quotes/jane-bryant-quinn/you-don-t-date-an-annuity-you-marry-it-an-annuity-isn-t-a-mutual-fund/) [Jane Bryant Quinn](https://sms4smile.com/quotes/author/jane-bryant-quinn/) > [Buy an annuity cheap, and make your life interesting to yourself and everybody else that watches the speculation.](https://sms4smile.com/quotes/charles-dickens/buy-an-annuity-cheap-and-make-your-life-interesting-to-yourself-and/) [Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/) > [For example at the moment there is a compulsory requirement to buy an annuity. That is something we would get rid of. It puts…](https://sms4smile.com/quotes/george-osborne/for-example-at-the-moment-there-is-a-compulsory-requirement-to-buy-an/) [George Osborne](https://sms4smile.com/quotes/author/george-osborne/) > [“Your annuity can be guaranteed (it pays out for an agreed number of years even if you pop your clogs) or not guaranteed (if…](https://sms4smile.com/quotes/david-craig/your-annuity-can-be-guaranteed-it-pays-out-for-an-agreed-number-of/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“at least to wait until your failing health qualifies you for an enhanced annuity.”](https://sms4smile.com/quotes/david-craig/at-least-to-wait-until-your-failing-health-qualifies-you-for-an/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“But if you’d waited before buying an annuity and suddenly go to that great spaceship in the sky before handing over your cash, then…](https://sms4smile.com/quotes/david-craig/but-if-you-d-waited-before-buying-an-annuity-and-suddenly-go-to-that/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [Most people are losing life making money. Soon they are left with lot of money but no life.](https://sms4smile.com/quotes/anonymous/most-people-are-losing-life-making-money-soon-they-are-left-with-lot/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [A fool and his money are soon parted. The rest of us wait for tax time.](https://sms4smile.com/quotes/anonymous/a-fool-and-his-money-are-soon-parted-the-rest-of-us-wait-for-tax-time/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [A fool and her money are soon courted.](https://sms4smile.com/quotes/helen-rowland/a-fool-and-her-money-are-soon-courted/) [Helen Rowland](https://sms4smile.com/quotes/author/helen-rowland/) > [A fool and his money will soon be departed applies equally to venture capitalists as it does to everyone else.](https://sms4smile.com/quotes/david-heinemeier-hansson/a-fool-and-his-money-will-soon-be-departed-applies-equally-to-venture/) [David Heinemeier Hansson](https://sms4smile.com/quotes/author/david-heinemeier-hansson/) > [A fool and his money are soon partying.](https://sms4smile.com/quotes/steven-wright/a-fool-and-his-money-are-soon-partying/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) > [“I have a question. What if your advice doesn't help me? Do I get my money back?" "No, because as soon as you pay…](https://sms4smile.com/quotes/charles-m-schulz/i-have-a-question-what-if-your-advice-doesn-t-help-me-do-i-get-my/) [Charles M. Schulz](https://sms4smile.com/quotes/author/charles-m-schulz/) > [Saying "I'll start managing my money as soon as I get caught up" is like an overweight person saying "I'll start exercising and dieting…](https://sms4smile.com/quotes/t-harv-eker/saying-i-ll-start-managing-my-money-as-soon-as-i-get-caught-up-is/) [T. Harv Eker](https://sms4smile.com/quotes/author/t-harv-eker/) > [A fool and his money are soon parted. It takes creative tax laws for the rest.](https://sms4smile.com/quotes/bob-thaves/a-fool-and-his-money-are-soon-parted-it-takes-creative-tax-laws-for/) [Bob Thaves](https://sms4smile.com/quotes/author/bob-thaves/) ## More by David Craig > [“In my opinion, a lie is a physical act, verbal statement, or omission, deliberately designed to deceive another of the truth.”](https://sms4smile.com/quotes/david-craig/in-my-opinion-a-lie-is-a-physical-act-verbal-statement-or-omission/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“But the alternative is the return to power of Labour. This is the party which did more than any other to wreck Britain with…](https://sms4smile.com/quotes/david-craig/but-the-alternative-is-the-return-to-power-of-labour-this-is-the/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“So the lesson is – ‘only bank with your bank’. Only let your high-street bank run your current account. If you do any other…](https://sms4smile.com/quotes/david-craig/so-the-lesson-is-only-bank-with-your-bank-only-let-your-high-street/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“it is true that the recession has been made much worse by Downing Street since the Coalition took office. But what was actually needed…](https://sms4smile.com/quotes/david-craig/it-is-true-that-the-recession-has-been-made-much-worse-by-downing/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“These bills include hundreds of thousands of economic migrants who, after years in the UK, probably still can’t believe that British taxpayers are stupid…](https://sms4smile.com/quotes/david-craig/these-bills-include-hundreds-of-thousands-of-economic-migrants-who/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“It could be argued that Parliament is an agency of the EU and therefore the theft of our money by our MPs is a…](https://sms4smile.com/quotes/david-craig/it-could-be-argued-that-parliament-is-an-agency-of-the-eu-and/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“Oliver Cromwell is credited with having given the following speech when he dissolved Parliament on 20th April 1653: It is high time for me…](https://sms4smile.com/quotes/david-craig/oliver-cromwell-is-credited-with-having-given-the-following-speech/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“have tried to show the scale of the problem and suggest some actions our Government should take to help us out of our current…](https://sms4smile.com/quotes/david-craig/have-tried-to-show-the-scale-of-the-problem-and-suggest-some-actions/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“only way we can defend the rights and interests of the majority against the greed, arrogance, waste and incompetence of the small ruling elite…](https://sms4smile.com/quotes/david-craig/only-way-we-can-defend-the-rights-and-interests-of-the-majority/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“But if you’d waited before buying an annuity and suddenly go to that great spaceship in the sky before handing over your cash, then…](https://sms4smile.com/quotes/david-craig/but-if-you-d-waited-before-buying-an-annuity-and-suddenly-go-to-that/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“by removing the 10p band on non-savings income’. Here, what looked like a simplification of the tax system was in fact the abolition of…](https://sms4smile.com/quotes/david-craig/by-removing-the-10p-band-on-non-savings-income-here-what-looked-like/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“People who are retiring now are finding that annuity rates have been squashed by QE, and that they will get a smaller pension than…](https://sms4smile.com/quotes/david-craig/people-who-are-retiring-now-are-finding-that-annuity-rates-have-been/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“Another hidden danger with ‘switch and get rich’ is that older pensions might have guaranteed bonuses or annuity rate guarantees hidden away in the…](https://sms4smile.com/quotes/david-craig/another-hidden-danger-with-switch-and-get-rich-is-that-older-pensions/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“Thanks to Blair’s catastrophically invertebrate decision to agree to a cut in Britain’s EU budget rebate, we now pay far too much into the…](https://sms4smile.com/quotes/david-craig/thanks-to-blair-s-catastrophically-invertebrate-decision-to-agree-to/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) > [“at least to wait until your failing health qualifies you for an enhanced annuity.”](https://sms4smile.com/quotes/david-craig/at-least-to-wait-until-your-failing-health-qualifies-you-for-an/) [David Craig](https://sms4smile.com/quotes/author/david-craig/) [Explore all 24 David Craig quotes ](https://sms4smile.com/quotes/author/david-craig/) ## More Money quotes > [You've got to tell your money what to do or it will leave.](https://sms4smile.com/quotes/dave-ramsey/you-ve-got-to-tell-your-money-what-to-do-or-it-will-leave/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [If I had a dollar for every time I couldn’t sleep, I could buy a billion locks and finally read a book in peace.](https://sms4smile.com/quotes/aesop-rock/if-i-had-a-dollar-for-every-time-i-couldn-t-sleep-i-could-buy-a/) [Aesop Rock](https://sms4smile.com/quotes/author/aesop-rock/) > [Money is the kind of instrument which is very speedily produced.](https://sms4smile.com/quotes/anatoly-chubais/money-is-the-kind-of-instrument-which-is-very-speedily-produced/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [I would borrow money all day long, if the cost of borrowing is less than the expected return.](https://sms4smile.com/quotes/brad-schneider/i-would-borrow-money-all-day-long-if-the-cost-of-borrowing-is-less/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [If you restore a car, and you're making money, then you're doing it wrong.](https://sms4smile.com/quotes/jay-leno/if-you-restore-a-car-and-you-re-making-money-then-you-re-doing-it/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [Maybe you can,t buy a big house.. A new car.. A huge diamond ring.. But if you have just one true friend who loves…](https://sms4smile.com/quotes/cathy/maybe-you-can-t-buy-a-big-house-a-new-car-a-huge-diamond-ring-but-if/) [Cathy](https://sms4smile.com/quotes/author/cathy/) > [“Don't allow money to become the yardstick by which you measure the worth of the world around you!”](https://sms4smile.com/quotes/andrew-james-pritchard/don-t-allow-money-to-become-the-yardstick-by-which-you-measure-the/) [Andrew James Pritchard](https://sms4smile.com/quotes/author/andrew-james-pritchard/) > [Academically, I was never that interested. I skipped classes. My biggest dream was to have a coffee shop, but I had no idea how…](https://sms4smile.com/quotes/daniel-espinosa/academically-i-was-never-that-interested-i-skipped-classes-my-biggest/) [Daniel Espinosa](https://sms4smile.com/quotes/author/daniel-espinosa/) > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [I doubt that we Americans can come to terms with our money neuroses without understanding the more florid pathology of the very rich for…](https://sms4smile.com/quotes/philip-slater/i-doubt-that-we-americans-can-come-to-terms-with-our-money-neuroses/) [Philip Slater](https://sms4smile.com/quotes/author/philip-slater/) > [“The writer must earn money in order to be able to live and to write, but he must by no means live and write…](https://sms4smile.com/quotes/jeff-goins/the-writer-must-earn-money-in-order-to-be-able-to-live-and-to-write/) [Jeff Goins](https://sms4smile.com/quotes/author/jeff-goins/) > [Jobs and money are never the primary cause of stress. Thinking, negative thinking causes stress. 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