One can make a strong case for a single premium immediate annuity-SPIA_ for a portion of your assets.The rationale is that you can increase your withdrawal rate. In a nutshell you are giving up estate value for current income.Plus the variability of returns when making withdrawals from a portfolio can be minimized with incorporation of a SPIA.Respectfully Bruce, I like the inflation adjustment option rider.As far as insurance companies going belly-up, there is protection at the state level. This may or may not cover all losses.AIG's annuity business is no reason to lose sleep. I wouldn't buy a new one from AIG though.A Great Resource is Investing in an Uncertain Economy for Dummies specfically the annuity TipbuzmanAuthor disclosure
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