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IMMEDIATE ANNUITIES - Pros and cons
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02-10-2015, 01:41 PM
billethkid
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Quote:
Originally Posted by
Todd @IntegrityIA
Social Security should be your first annuity. There are strategies to increase your payout by waiting until 70 to claim (you may be able to file and defer). Social Security also has inflation protection. Here is a good benefits calculator from T. Rowe Price.
Social Security Benefits Evaluator - T. Rowe Price
A Great Annuity Plan Called Social Security - WSJ
If you have a pension, this is your 2nd annuity.
Here are some other resources: Keep in mind that all annuities are insurance products and they can be expensive. Watch the yearly fees and riders.
http://www.forbes.com/sites/rickferr...-for-everyone/
http://www.wsj.com/articles/using-im...ome-1404482404
Look at Figure 4, Figure 5 (after inflation) and Figure 6 (75th percentile for length of life)
https://personal.vanguard.com/pdf/s284.pdf
Good luck,
Todd Moerman
352-205-4377
CLICK HERE FOR WEBSITE
Do you have any comments for a possible number 3, about other investable funds?
billethkid
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