Form Quote by Tony Robbins
“The best tool today is longevity insurance - they call it income insurance. Most people know the value of life insurance. But what if you live? So instead of trying to guess one or the other, you plan for those 20 years and you get this income insurance. If you live beyond 85, you have money that's guaranteed for as long as you live in the form of an annuity.”
About This Quote
Source Speech: Financial Seminar, 2015
Longevity insurance is a financial product that provides guaranteed income for life, acting as a hedge against outliving savings.
In simple terms: Income for life protects against outliving money.
Consider adding an annuity for long‑term security.
Themes
Mood
Type
When to use this quote
- retirement planning
- risk assessment
- long‑term budgeting
Key Concepts
Questions to Reflect On
- Do you prefer guaranteed income or higher potential returns?
- How would you balance flexibility with security?
Annuities can be costly and inflexible compared to other investments.