Aside from:
a) not having an estate to leave when you die
b) not having a "fund" for large expenses (e.g. car)
what are the disadvantages of converting a portfolio to life annuities instead of worrying about withdrawal rate.
Thanks
a) not having an estate to leave when you die
b) not having a "fund" for large expenses (e.g. car)
what are the disadvantages of converting a portfolio to life annuities instead of worrying about withdrawal rate.
Thanks