Talk of The Villages Florida - View Single Post - Guaranteed Lifetime Income Annuity II- Help
View Single Post
 
Old 11-01-2023, 06:43 AM
mrf0151 mrf0151 is offline
Veteran member
Join Date: Aug 2021
Posts: 507
Thanks: 16
Thanked 417 Times in 183 Posts
Default

[QUOTE=dewilson58;2270060]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.

So you are saying CD's will hold at 5% or better over 13 years? Really?