Quote:
Originally Posted by JRcorvette
Your money is safe in an annuity but not so in the Stock Market. Can you afford to suffer a large loss if things go south in the Maret?
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Your money disappears when you die in an annuity but not in the stock market. I did exactly the thing the OP is talking about and have the same or more income than an annuity with the principle still growing.
If you invest in stocks that pay a dividend and have raised that dividend every year your income will actually grow. You also don't care whether the market goes up or down but just does the company have enough free cash flow to pay and increase the dividend. Search for dividend aristocrats they have increase their dividend for at least 25 years. If you want to be really safe search out dividend kings they have increased it for at least 50 years.