Talk of The Villages Florida - View Single Post - Guaranteed Lifetime Income Annuity II- Help
Thread: Guaranteed Lifetime Income Annuity II- Help
View Single Post
 
Old 10-31-2023, 06:18 PM
Jayhawk's Avatar
Jayhawk Jayhawk is offline
Platinum member
Join Date: Feb 2013
Posts: 1,573
Thanks: 3
Thanked 1,899 Times in 564 Posts
Default
Quote:
Originally Posted by bobnfl View Post
our adviser is suggesting a guaranteed annuity for some extra monthly income. Please inform me of the pros and cons. $265k for a $1675 monthly income for life. Break even is at 13yrs. Is it worth it. It is with a aa+ rated company. There are no fees but once invested there is no refund or backing out. You have it for life. We are now 70yo. 3 years from rmd. Help us make a decision
thanks for any help you can give.
84hwco-jpg