Annuity
What annuity do you suggest using. I and my wife are 72 with about 3 million in savings. We own our home and cars. Over half of our money is in IRA, about half in roth, 401k, and the market, also at least 6 months in cash. Thank you for your time
Terry Says
Why on earth would you be considering an annuity at this point?? Do you mean an immediate annuity that will give you a check a month for life, for both of your lives?? That truly locks your money up. And the fixed monthly check might not buy a lot if inflation returns in the next 20 years.
Is someone trying to sell you an annuity??
I think you need to visit with a FIDUCIARY FEE-ONLY financial advisor to get some unbiased advice from someone who is not trying to sell you something.
Read this; https://www.terrysavage.com/pam-krueger-wealthramp/
