Annuity’s
Plan to retire at 66 1/2. Will not take SS till 67, have a little over 1M in 401K’s. Wondering if we should take a portion into an annuity would like you opinion. Listen to you on WGN as much as we can
Terry Says
The thing about an annuity is that it is a FIXED check for life. And at only 35 annual inflation (about where we are now) the spending power of that money will be cut in half in 25 years! And you’ll probably live 25 years.
Social Security is an “annuity” — but it is adjusted for inflation annually — the best deal of all.
I think it’s time for a review of your financial plans with a FEE-ONLY FIDUCIARY advisor.
Here’s how to find out you can definitely trust: https://www.terrysavage.com/pam-krueger-wealthramp/
