$30K for the next 10 years-what should we do

[Foodeefish]

I just left a company that I will receive $30K for the next ten years due to a payout of my compensation plan. Wife and I make over $200K so I cannot put the money in a Roth or IRA.

The money will be taxed as regular income and therefore the government will get 30+ percent.

What would be the best way to invest this money each year for retirement that is 15 years away?

[LOL!]

Just invest in the usual way recommended all the time on this message board and elsewhere. There is nothing special you need to do.

For example, here is one way:
http://early-retirement.org/forums/i...p?topic=6220.0
or maybe
http://www.fundadvice.com/fehtml/bhs...108/0108a.html

What do you think you should do?

[kcowan]

Talk to an FA about arranging for buying a deferred annuity as a way of deferring the tax hit at your top marginal rate.