SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The other logical problem with relying on the annuity factor is that it includes a profit for the annuity company. If one keeps that themselves, then there is more meat on the bone, to speak.
If someone's going to annuitize their entire portfolio, then sure, maybe that's a logical reason to use that number. But I wouldn't do that personally and there are very few situations where I think it would make sense to do so.
If someone's going to annuitize their entire portfolio, then sure, maybe that's a logical reason to use that number. But I wouldn't do that personally and there are very few situations where I think it would make sense to do so.