No. of Recommendations: 0
With all other tax shelted options used, Vanguard has low cost anuities which could meet your needs.

Another option would be to invest in an index mutual fund, Total Market or S&P for example, for the long term (equal to the long term of the anuity). Planning to take out the gains as long term capital gains thereby at a lower tax rate compared to the tax rate for the gains from an annuity. The taxes on the dividend would be lower than the cost of a typical annuity (other than vanguard).

Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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