No. of Recommendations: 2
The fixed is paying 4.6%, and invests almost all in American Funds which I have had forever and perform very well. The variable has quite a high up front fee....2% of 250k.

As I understand annuities, you're paying an insurance company to guarantee a return payment. Currently, you could ladder 5 year CDs an pretty much get 4.6%, plus keep control of your principle. Also, when rates go up and CDs mature, you get a higher rate of return. Die tomorrow, insurance company keeps your principle. In CDs, your estate keeps the money.


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!
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.