Started to learns stocks/bonds, reits, annuities, retirement products, now real estate.

But, they get a steady "annuity check."

@Mary Kim Despite what people trying to sell you some product may tell you, rental properties seldom if ever function like annuities. 

Like an annuity or bond, they simply collect a check each month. 

Take the IRA money and purchase an annuity with monthly income payments to himself.

Any guidelines I might want to use/  The guideline we use are the stock market, bonds or high rate annuities. 

I did my 20 and want time freedom so I set up annuities with staggered cash injections to pivot into future opportunities, whatever they may be.

Here is the list of the “dirty dozen” scams.Arrangements that are potentially abusive:Monetized Installment Sales: violation of anti-pledging lawsMaltese Treaty Benefits for Pensions: Misuse of treaty provisionsForeign Captive Insurance: abnormal pricing, implausible risks, the company has no business purpose for entering into the arrangementCharitable Remainder Annuity Trusts (CRATS): to eliminate taxable gainsFraud that is consumer focused:Anonymous Communications: Scammers with the intent of defrauding taxpayersOffer in Compromise (OIC) Mills: Companies that offer to settle your debt with IRS but leave you in a worse positionSpear Phishing: Pretending to be the IRSCOVID-Related Fraud: Identify theftHigh-Net-Worth ActivitiesHigh-Earner Failure to File: taxpayers with over $100k in income that fail to file tax returnsMicro-captive Insurance Arrangements: Nonexistent insurance coverageOffshore Accounts and Digital Assets: Hiding incomeSyndicated Conservation Easements: Unwarranted and inflated tax deductionsAs always, if something seems too good to be true, it most likely is.

You can lock it up into an annuity that will guarantee you an annual payout for the rest of your life. 

Some take a percent of your portfolio, some get paid by the product they sell you to put yur investments in, such as an annuity or a CD.