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<<Hi fools. Looking for some advise. As I near retirement, I'm becoming interested in protecting part of a sizable IRA. The wife is insistant that she wants zero risk of loss of principal. She wouldn't listen to T-bill funds. So the question is: Can I somehow purchase T-bills at auction with IRA funds in such a way as to not run afoul of the IRA regulations? Lacking that, does anyone have any suggestions on how I might satisfy the lovely lady? TIA>>

No such thing as "zero risk loss of principal". Not when you consider inflation. Read O'Shaughnessey's latest book "How to Retire Rich", for some excellent information.

Try this link: look for actuarial tables. (Sorry, I don't have the full URL.)
At age 65, the unisex life expectancy (50/50 chance of survival) is another 20 years. Look back 20 years in the past and see how prices have increased. A new car that cost $5000 in 1978 costs you $20,000 now. Project that into the future. And consider that with the huge advances in modern medicine, that there is a very good chance that you both will blow out the candles on your 95'th birthday cake.

People that retired in 1978 with a [very generous] $20,000 annual T-Bill income still get the same $20,000. But today that is nearly poverty level. Dunno about you, but I'd hate to see my wife have to become a waitress at age 85, in order to eat. (Alpo at $25 a can in 2025??!!)

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