Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 05-17-2015, 11:32 AM   #61
Thinks s/he gets paid by the post
nun's Avatar
Join Date: Feb 2006
Posts: 4,867
I'd never buy whole life insurance and as I don't have any dependent so don't even bother with term life insurance. Also because I have no dependents I think it's a good plan to use some of my retirement money to buy SPIA type products to give guaranteed income as I'm not bothered about passing on the max to anyone. I've always planned to generate my retirement from a combination of pensions, rent, SS and an annuity so that I can leave the rest of my retirement money invested in equity index funds and basically not worry about the state if the markets.
“So we beat on, boats against the current, borne back ceaselessly into the past.”

Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
nun is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Wade Pfau's Yin and Yang paper donheff FIRE and Money 21 11-14-2014 11:37 AM
Retirement Income Strategies - Wade Pfau Midpack FIRE and Money 3 06-06-2012 09:06 PM
Wade Pfau looks at 4% WR, finds it unsafe MichaelB FIRE and Money 87 05-31-2012 11:08 AM
Wade Pfau on SPIAs Nords FIRE and Money 30 02-23-2012 03:13 PM

» Quick Links

All times are GMT -6. The time now is 10:31 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.