G.l.i & G.f.i

[SIM ANTIC]

Guarantee Lifetime Income (Get money sooner) or Guarantee Future Income (Wait at least two years to get money) is a solid product. I currently have a client who inherited 2M. I suggested that he might think about a G.F.I. Good health, Male, 55, married. Just putting 150k in and retiring at 65 he will be guaranteed 17k a year for the rest of his life. Any thoughts on these products? Pensions are non-existant in the work world anymore unless you work for the gov't. Im just throwing this idea against the wall here and seeing what kind of feedback I may get...Thanks