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$30K for the next 10 years-what should we do
Old 07-16-2006, 06:43 AM   #1
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$30K for the next 10 years-what should we do

I just left a company that I will receive $30K for the next ten years due to a payout of my compensation plan. Wife and I make over $200K so I cannot put the money in a Roth or IRA.

The money will be taxed as regular income and therefore the government will get 30+ percent.

What would be the best way to invest this money each year for retirement that is 15 years away?

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Re: $30K for the next 10 years-what should we do
Old 07-16-2006, 07:05 AM   #2
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Re: $30K for the next 10 years-what should we do

Just invest in the usual way recommended all the time on this message board and elsewhere. There is nothing special you need to do.

For example, here is one way:
or maybe

What do you think you should do?

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Re: $30K for the next 10 years-what should we do
Old 07-16-2006, 05:32 PM   #3
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Re: $30K for the next 10 years-what should we do

Talk to an FA about arranging for buying a deferred annuity as a way of deferring the tax hit at your top marginal rate.
For the fun of it...Keith
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