Is making 8% "some what" safely realistic?

[harley]

Isn't fantasm's income a wee bit over the limit for Roth IRA eligibility?

'struth.

What about 2010?

mew

2010 won't matter for being able to invest in a Roth. That's just for conversions. But maxing out a non-deductible IRA and then converting to a Roth (2010 and after) wouldn't be a bad way to go. But the small amounts of money we're talking compared to the $25K/month is pretty insignificant.

 

[rsingh6675]

Put $300K-$500K in Variable annuity which pays about 6% guaranteed return.

 

[DblDoc]

Put $300K-$500K in Variable annuity which pays about 6% guaranteed return.

I'm going to sit this one out as a spectator



DD

 

[REWahoo]

Put $300K-$500K in Variable annuity which pays about 6% guaranteed return.

Before taking the above advice, I strongly recommend you thoroughly research the facts vs. the claims of variable annuity salespersons. Maybe read some of Scott Burns' columns on VA's.

If it sounds too good to be true...

 

[brewer12345]

Put $300K-$500K in Variable annuity which pays about 6% guaranteed return.

How about not?

I will let interested parties search the forum on the subject of VAs, but I strongly suggest to OP that they not have anything to do with a VA.

 

[alwaysjammin]

wow, seriously, 30k a month! 360,000x5 years at 0%=1.8 million...just do a cd ladder and/or muni bonds and u're set! well, as long as u don't buy a couple of ferraris and a couple of islands...a la nicholas cage!