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02-11-2008, 08:20 PM
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#1
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Recycles dryer sheets
Join Date: Aug 2006
Location: Texas
Posts: 216
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Life 2.0
Retire “Retirement” (Special Section) | SmartMoney.com
I stumbled upon this while surfing a retirement article on Smartmoney.com Thought it was an interesting premise and all here would understand and enjoy the idea.
2fer
__________________
Women and cats will do as they please, and men and dogs should relax and get used to the idea.<br />-Robert A. Heinlein
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02-11-2008, 08:32 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Did ya notice what the prize was for the winning entry? Yep - an annuity. 
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Numbers is hard
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02-11-2008, 08:44 PM
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#3
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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02-12-2008, 08:18 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Annuities aren't so bad, as long as someone else is paying...
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Have Funds, Will Retire
...not doing anything of true substance...
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02-12-2008, 09:26 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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don't tell anyone, but I'm working on life 3.0 right now... it's taking a long time to compile, though.
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02-12-2008, 11:05 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Well, Genworth was sponsoring the award, so I guess. I DOUBT it's a immediate annuity, it probably is actuarily based as if the winner will live until 150, so the insurance company has little risk of losing money on him........ 
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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02-13-2008, 06:12 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
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must be a full moon out... lottsa cynical posts in the last few days. 
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Life is GREAT!
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