Hi, I am Tonice and we live in NJ. My husband and I are both 66 years old. I am not working and my husband was let go from his previous job this past September. He is currently collecting unemployment. We are trying to see if we can make it on our SS payments that began this year $3300 monthly and his pension of $24,000 yearly. We lost a lot of our money, as did everyone else, and we are unsure if we will make it with the $300,000 we have left. We have not needed to start taking from our retirement fund but I was thinking of buying an annuity to bring in extra money during the year. .. Any thoughts on that idea?
Thanks,
Tonice
Thanks,
Tonice