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Vanguard Managed Payout Fund

By Terry Savage on January 24, 2019 | Investments

What are your thoughts about this a monthly income producer

Terry Says

OK, well these fund are typically compared to annuities.  They have the advantage that you can get at your money if you need it — but they do not promise lifetime income.  There is some risk to principal, and no certainty about the income they will pay, despite their best efforts. And there is a $25,000 minimum for this Vanguard fund.  Here’s a good comparison article in Investopedia.

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