{"id":4677,"date":"2026-10-23T13:00:00","date_gmt":"2026-10-23T13:00:00","guid":{"rendered":"https:\/\/www.neashaminsuranceagency.com\/blog\/?p=4677"},"modified":"2026-10-23T13:00:00","modified_gmt":"2026-10-23T13:00:00","slug":"dividends-vs-an-annuity-which-turns-590000-into-more-monthly-income-for-life","status":"publish","type":"post","link":"https:\/\/www.neashaminsuranceagency.com\/blog\/2026\/10\/23\/dividends-vs-an-annuity-which-turns-590000-into-more-monthly-income-for-life\/","title":{"rendered":"Dividends vs. an Annuity: Which Turns $590,000 Into More Monthly Income for Life?"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>When it comes to securing steady income for life, many of my clients ask whether an immediate annuity or a dividend-focused portfolio makes more sense\u2014especially with a significant amount like $590,000 to invest. With an immediate annuity, you can receive $3,700 each month, but your principal is locked in, meaning you give up access to that lump sum. On the other hand, a well-constructed dividend portfolio can yield anywhere from 3% to 14%, allowing you to retain your principal and, over 12 to 15 years, potentially surpass the income an annuity would provide. In my 30 years at Neasham Insurance Agency, I\u2019ve seen that sometimes combining these strategies can offer both reliable income and the flexibility many people want in retirement planning.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/dividends-vs-annuity-turns-590-181214858.html\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to securing steady income for life, many of my clients ask whether an immediate annuity or a dividend-focused portfolio makes more sense\u2014especially with a significant amount like $590,000 to invest. With an immediate annuity, you can receive $3,700 each month, but your principal is locked in, meaning you give up access to [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":4678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/4677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/comments?post=4677"}],"version-history":[{"count":1,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/4677\/revisions"}],"predecessor-version":[{"id":4799,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/4677\/revisions\/4799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/media\/4678"}],"wp:attachment":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/media?parent=4677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/categories?post=4677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/tags?post=4677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}