Recent content by jrobb45

The Company(self insuring) I retired from provided the gap benefits that Medicare didn't pay. Now, they are dropping this coverage and we will have to select(and pay the premiums) a plan from companies that Extend Health works with. I assume Extend Health is a health management only company, not...

I retired 15 years ago, at the age of 49, and my wife retired 4 years later. I had a pension and a supplement(that dropped off at age 62 and was replaced with SS) and my wife received a full pension + SS later. I have no regrets whatsoever, especially because I have no money worries. I know...

Quite a number of years ago, I dropped off our taxes at the CPAs and then picked them up about a week later. When I picked them up, he said" I have clients who make three times what you do, but you save over three times as much as they do; I'm impressed". I told him that being young and broke is...

I was out, except for about 5% in a healthcare mutual fund, by November of 2005. I was working about 18-20 hrs. a week, off and on, from 2003 to 2005 for our oldest son, who is a residential construction contractor. Except for 2 houses, all the houses we put up were between $425K and $750K...

So, you would like to have Bush back standing up there grinning and telling you what he thinks you want to hear? Face it, reality isn't too cheery right now and it didn't get that way in a month. jr

Higher. jr

I don't think he even makes good entertainment; I can't stand his antics. jr

Maybe it's because GE stock has tanked. jr

I pretty much feel the same as you about annuities. Even though a very good friend, who is a retired insurance agent, and one of my son in laws who is currently an insurance agent say annuities are good(in the right situation), except for the fees. regards, jr

In hindsight, is there anything you would have done differently? Regards and thank you for your service to our country. jr

Thank you all for your replies. I remembered that the mortgage rate on the house we bought in 1972 was about 6.75-7.00% and that the cd rates got into the double digits in the early '80's, but I couldn't remember what annuities were paying because we weren't investing in them back then. Now...

Does anyone remember what fixed annuities paid in the early 80's when CD rates were in the double digits? Were their rates competitive with CD's? It seems to me that FA never paid much more than mid single digit returns. But I would like to hear from someone with a better memory than mine...