Quote:
Originally Posted by Shelbyh
Quite a few variables to consider to include current health and age, financial picture, assets, etc. I can share our experience with this when my husband retired. gets His pension amount is 60% of his annual salary. That doesn’t change. Our decision was we could buy an annuity of any percentage of his pension which will only pay me(wife) if he dies first. Our financial advisor suggested to buy as much as we could afford based on our ages and other factors. We decided to buy 100%. So no matter what happens we are both good. Hope that helps.
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And did you buy the annuity from that advisor?
