nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Why wouldn't you buy a 30 year bond? You probably aren't going to outlive it. You can always sell it if you need a lump sum and the return is going to be close, depending on what you buy.
For me TIAA-Traditional deferred annuity and my house were going to be my "late stage" money to supplement social security if my DC money ran out. I was going to let TIAA-Traditional accumulate and use the 10 year payout option if I needed money and tap the home equity as a last resort.