cashflo2u2
Recycles dryer sheets
- Joined
- Oct 31, 2007
- Messages
- 332
I have a portfolio of 60/40 equity/fixed and am considering taking about 15% of the portfolio to purchase a SPIA (not inflation adjusted) to cover some of my annual shortfall. Any opines on whether I should liquidate the 15% prorata and maintain the same AA or take it all out of the fixed and not rebalance? Thereby treating the PV of the annuity as part of the fixed allocation? Any place this may have been discussed before that I can be steered to? TIA.