Quote:
Originally Posted by retiredguy123
If you can use the 5 year rule, you could take $72K per year for 5 years, and have a taxable income of $40K each year. That may save you some taxes over the 5 years because of the standard deduction. Then, you would be done with the annuity.
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And remember at the current rate of inflation how much less those dollars will buy each year.