Recent content by budmanatlanta

We just stayed in a small beach house for a week. To reduce the risk, we brought cleaning wipes with us and cleaned everything with a particular focus on high touch areas such as the remote controls, door knobs, sink and shower knobs and thermostat. This is a great idea to do even pre-Covid...

Do you add $1,500 to the annuity each year? (To ensure that I understand). Thanks.

First, I wanted to thank everyone for your insights and different ways to consider this decision. One key question was regarding how much of my portfolio the annuity cost represents. My total portfolio is $1.4M, so the $175k is about 12.5%. My thought is that having a "safety net" at 70 with...

My wife and I are 50 and hope to ER by 56. We have no pension or other guaranteed income but are on our way though 401k and other retirement savings. A FA suggested that we get a deferred annuity, starting at age 70. Our joint social security is projected to be $5000 per month. A single...