The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/dont-forget-that-most-retirees-already-have-a-30782572.aspx

Subject:  Re: Wht Say You All Here.... Date:  7/17/2013  4:10 PM
Author:  intercst Number:  72647 of 74759

Don't forget that most retirees already have a large position in fixed income in the form of a monthly Social Security check or perhaps a pension.

A $1,000/month inflation-adjusted life annuity would cost a 65-year-old male $240,000 at a for-profit insurance company ($260,000 for a 65-year-old female.)

http://www.principal.com/retirement/incomeannuity/elm/income...

intercst
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us