We have $4,000 a month in retirement income — and want to put $200,000 toward an annuity. Is this a wise decision?

Sections:  u.s.   
RELATED ARTICLES
BING NEWS:
  • How Likely Is That Annuity to Stick?
    Financial professionals may have gut feelings about which clients will surrender their annuities and, possibly, client tracking spreadsheets that show which annuities have actually been surrendered, ...
    06/13/2024 - 7:19 am | View Link
  • Here's How Much of Your Income Experts Say You Need to Save for Retirement
    So let's say you save 12% of your paycheck each year, or $7,200 annually ($600 a month). If you do that over 30 years and manage to score an 8% average annual return in your retirement account, which ...
    06/13/2024 - 4:00 am | View Link
  • Beyond the 4% Rule: Exploring Annuities for Retirement Income Security
    For those without a pension, the simplest retirement income planning exercise to begin with is to determine what your monthly or annualized expenses will be for things you must pay for when you are ...
    06/11/2024 - 3:59 am | View Link
  • How much cash can a $300,000 annuity generate for me each month?
    The type of annuity you choose can significantly impact your monthly income. With a $300,000 fixed immediate annuity, a 65-year-old man could receive around $1,450 to $1,950 per month for life, while ...
    06/10/2024 - 10:10 am | View Link
  • How to Add Home Equity to Your Retirement Income Planning
    Home equity is sometimes overlooked as a viable resource in retirement. You don’t have to sell your home to find income and liquidity.
    06/4/2024 - 10:46 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News