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PSA: Give Your Retirement Income a Boost (SPIA)
We've had plenty of discussions regarding the merits (or lack thereof) of immediate annuities, this thread isn't meant to replow that ground (tempting as I may be, self included). 
It's a little dated, but it's a very good concise article explaining the mechanics of integrating a SPIA in a retirement income plan. Good discussion about pros and cons of annuities, managing the remaining portfolio and other factors & considerations. And the example includes Soc Sec income. Just thought it might be useful to some readers here. It's only 8 pages, easy-peasy...
http://a15.g.akamai.net/f/15/5616/5s...ementboost.pdf
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No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 40% equity funds / 35% bond funds / 25% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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