Floridatennisplayer
Recycles dryer sheets
- Joined
- May 3, 2014
- Messages
- 485
I am 61 and a half. With my Fidelity planner looking at the singe premium NY Life Clear Income Fixd annuity as an income supplement and investment protection. Will start the withdrawals at age 65 when I plan to retire. My SS Income then will be $40,000. My expenses should run about $55,000. The annuity would represent about 25% of my current IRA savings and fill the gap.
Thoughts?
Thoughts?