Skip to main content
No. of Recommendations: 1
My father used to tell a story. When his father passed away in the ‘30s he let his mother put his life insurance into an annuity that would pay benefits for life.

It sounded good when she bought it, but by the time she died in the ‘60s, it was paying about enough to cover utilities.

No inflation protection can be a major issue depending on the times and how long you live.
Print the post  


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.
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.