Thread
:
Guaranteed Lifetime Income Annuity II- Help
View Single Post
10-31-2023, 02:50 PM
dewilson58
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,639
Thanks: 855
Thanked 9,808 Times in 3,664 Posts
Not sure who told you a 13 year breakeven.
Simple Example:
You could ladder out CD's and get over 5%.
If you are getting 5% on your $265k and you take out $1675 per month......you will have over $75,000 left after 13 years.
__________________
Identifying as
Mr. Helpful
The Following 7 Users Say Thank You to dewilson58 For This Useful Post:
birdawg
,
Cliff Fr
,
manaboutown
,
Plain&peanut
,
RRGuyNJ
,
Smalley
,
toeser
dewilson58
View Public Profile
Send a private message to dewilson58
Find all posts by dewilson58