Quote:
Originally Posted by HomerMcvie
Mick's never been smart enough to do these things. He always wanted to live like Stevie, on 1/10th of her money.
I've got an IRA, but also(right or wrong) invested a bunch of money into two different annuities, only because they're guaranteed for life. My biggest fear is living to be 95, but running out of money at 80.
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People hate on annuities, but there's nothing wrong with buying a little peace of mind knowing you will have a guaranteed cash flow coming in despite whatever the market is doing.