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Subject:  Re: "The money will run out in 8 years.&quo Date:  2/14/2008  11:31 PM
Author:  vkg Number:  1234 of 1751

They are spending around 1% of the original balance a month. I could make a Ramsey comment here, but I will resist. There is no investment that can sustain a 12% withdrawl rate.

If he could convince them to consider an immediate fixed annunity, at least they would not out live the annunity.

If they own there home, they might be able to use a reverse mortgage to float them for awhile.

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