No. of Recommendations: 0
Good for you, JG. Looks like you have done your homework.

Note that the annuity leaves no funds for her heirs. That is why it can pay higher income than other distributions.

That is also why spending down her capital over say 30 years might be a decent low cost alternative.

Of course the guarantee of the insurance company to make payments for life regardless of how long she lives can be a good deal.

Her health and longevity of her branch of the family should be factored into your plans.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement