Re: Stockpiling Cash
Originally Posted by DOG51
Rich, I read on raddr's board that you were considering an immediate annuity for cash flow purposes to cover basic living expenses. Have you decided against going in that direction?
No. I plan to do that when I stop part-time work, likely around age 65 barring surprises. I've reworked those numbers and gotten some additional advice and it is a great alternative for us. Long way off. Maybe the market will do so well that such maneuverings to increase cash flow won't even be a consideration.
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.