Quote:
Originally Posted by Jim1mack
We bought an Annunity when we retired at age 60. Liked the perpetual guaranteed income that would continue till we expire. We now can take the remaining amount without penalty and add it to our brokerage account. Was tallying the dividends earned in that account which are reinvested. Saw that adding the Annunity amount to those holdings would result in dividends that more than replace the Annunity payments if I took them instead of reinvesting them. Principle would be untouched along with those holdings appreciating long term.
Opinions? What may I be missing?
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You're missing the fact that it's "annuity", not "annunity".