Re: 62 next week
I've not seen anything here on this special immediate annuity.
I read about the Pru Income Bridge over in M*s "Investing During Retirement" forum - Near as I can tell, this annuity is a short term way to increase your income by putting off signing up for SS until you are 70 - seems like the approach is like moving money from one pocket to another and giving a bunch to Prudential at the same time.
Many of us here steer clear of insurance annuities. I think that it can be easily replicated with a simple CD ladder if you really want to do this type of thing.
Congratulations on turning 62... and on your first post here.
Dad's Dream; to have enough money someday to live the kind of life my wife and kids do...
Life is what happens while you are making other plans... John Lennon...
the more you look, the more you see...