Recent content by Grammymissy

We are near Tomar, home of the Convento de Christo, Templer Knights history. Today was sunny and in the upper 70's. :). Sent from my iPad using Early Retirement Forum

We are US citizens who have retired to Portugal, and purchased a house recently. The retirement VISA that is applied for in the states gives you 4 months to settle in. Then residency permits are applied for here, being Non EU, a 1 year is issued, and then 2 Two years, followed by Five year...

Nun, thank you for your response and your taking the time to explain some options for us. I will take some time and research the options you have noted. Much appreciated!

Nun, currently the only income stream is the pension, since I am 51 and husband is 56, husband wants to take his ss at 62, while I am waiting to 67 is current plan. Obtaining another income stream to kick in when my husband is 65 or so is what we are considering. We would love to fund our...

As brewer12345 points out, there are guarantees layered into variable annuities such as income stream for life and a death benefit of original investment, that are appealing. And yes there is risk that the Annuity provider could fail, but in 2008 we saw several 'solid' companies fail.... As...

Jerome Len thank you for your comments, I would agree there are some knowledgeable people contributing to this board, and I will keep researching here. Also, thank you for the charitable annuities idea, my husband and I were not aware and have now researched several. We too will be adding...

Erprecy, I did see your posts, and I wish you the best in your decisions, whatever they may be. If following this boards recommendations and canceling your Annunity at a loss to you, is what you think is best, good luck. I noted that you traveled in your early retirement, that is what my...

Koolau thank you for your response, we have still not made a decision on our finances. It is a vanguard variable Annuity that we are still considering. We do have other items we are researching. We are trying to research thoroughly all of our options to make the best decision for us. We...

Thank you John schanzer for your response, you are a risk taker admitting on this board that you purchased an annunity. I asked a question, of annuity buyers and for some reason I am attacked by a moderator who says that I have already made a decision? Moderator rewahoo please delete...

Thank you for all of your responses, it is obvious to me that even if someone purchased a variable annuity, they would not admit on this website. And since my question was for someone who has purchased a variable annuity, i will move on. We are in the research phase, so we will continue...

I understand that the funds we have earmarked for a variable annuity could be invested elsewhere, perhaps just as easily. However since these funds are being set aside for the later years, for elderly care and or housing, I like the idea of the income stream for life, and then death benefit...

We are considering a variable annuity for a portion of our retirement income, and since we are going to travel quite a bit internationally we will not have time to manage our funds too closely. This product appears to be a good choice for funds to sit and grow, until we are ready to turn on...

No worries, did not realize that only certain questions can be asked, I won't bother you again.

I am curious if there is anyone who has purchased a variable annuity, and what was their reasons for purchase.