pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Good decision. Congratulations.
Good decision. Congratulations.
My thoughts exactly, especially with SS and a pension.
pension + Wellesley dividends is what I currently use. Pension is fixed but SS in a few years should fill the gap from inflation.
I agree about knowing about a produce.A lot depends on one's personality. Some say "it works for me", and they consider that it does. Others, and this includes me, want to know everything there is to know about any product. If I can't find out enough about something, I ignore it until I can find out enough, or forever.
I can't think of any reason to buy an annuity of any kind under the present circumstances, though there may be some. To me, they look so generally unpromising that I don't look very deeply.
Ha
I agree about knowing about a produce.
In the past I've been very trusting but after thinking about how this is a large part of our portfolio I'm looking more closely. The agent has misled me as to the ratings of the company and really hasn't shown me much in way of a presentation. Further more I really don't see a purpose for this, other than $ in his pocket. More reasons for me to move on.
I hope you agree that participation in the forum has already been worth at least the price of admission!
I will have a gap for 5 years, 2014-2019, needing about $10k until I draw SS at age 70. The Wellesley MF may be just what I need.
Thanks
Thanks Clifp for your reply also!
Have you given any thought to taking SS before 70?