Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

What Is a Joint Annuitant? A Grandchild Example #insurance #financetips

15 Oct 2026 · 0 min

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In this brief explanatory segment, the speaker reveals a novel estate‑planning technique: naming a non‑minor, such as a grandchild, as a joint annuitant on an annuity. By doing so, the annuity’s payout continues for the grandchild’s lifetime, effectively allowing the primary owner (e.g., a 75‑year‑old) to create a mechanism for perpetual premium payments. This structure can be used to dollar‑cost average into the S&P for equity‑focused families or to provide the financial staying power needed to retain long‑term real‑estate holdings. The speaker frames the approach as a quiet lab discovery that expands the utility of annuities beyond traditional retirement income.

What I've been working on in the lab quietly is you can actually put a non-minor as a joint annuitant on an annuity. So you can have a 75-year-old put their grandson or granddaughter as the joint annuitant, and that income lasts as long as the grandchild lives. Now you've created the mechanism to pay premium forever or to dollar cost average into the S&P if you're an equity family, or to have the staying power to own the real estate.