No. of Recommendations: 0
I'm 68 and will soon receive a nice inheritance. Is a Roth IRA the best place to put this? What else should I explore?
Print the post Back To Top
No. of Recommendations: 0
I purchased an annuity that will pay $5,500 per month until I am 99yrs old. The surviving spouse will claim a death benefit if I do not use up the full annuity amount. I know it was expensive and I did toss out some cash to buy it but since I already have stocks, property, bonds, savings and no bills...why not spend a little on peace of mind
Print the post Back To Top
No. of Recommendations: 0
"I purchased an annuity that will pay $5,500 per month until I am 99yrs old"

If I may be nosy, what was your up-front cost to secure that?

Norm
(freshly retired)
Print the post Back To Top
No. of Recommendations: 0
My estimate, depending on your age, and whether it's one or two annuitants, is roughly 900K. Am I close?

Notm
Print the post Back To Top