Looking for new & old ideas for current allocation and future (1-4 yrs) inheritance money : So sell me something or sell me to your thinking.
Current:
27% VA, Guaranteed Income Withdrawal type= 5% max, 5 yrs remaining on 5 contracts, 8 yrs remaining on 1 contract. Laddered amounts, 5% guaranteed withdrawal for life and remainder to heirs. Growth MF based/no bonds other than small amounts in the Growth&Incomes. Looking at the annual stepup-reset and 5% withdrawal.
25% Stock brokerage, currently 35% in cash,
22% Fix-Index Annuity. 2 policies. Guaranteed Income Withdrawal type.
6.5% withdrawal rate attained in 3 more years. 5% guaranteed growth rate for 12 more years. Looking at the 5% internal growth and the 6.5% backend income
17% Mutual Funds = All Growth MF and Indexed Growth
10% Cash
Have LTC, illiquid property in farm deferral, no mortgage, no debts. Age 64 and 67. Expect to live to 95.
Current:
27% VA, Guaranteed Income Withdrawal type= 5% max, 5 yrs remaining on 5 contracts, 8 yrs remaining on 1 contract. Laddered amounts, 5% guaranteed withdrawal for life and remainder to heirs. Growth MF based/no bonds other than small amounts in the Growth&Incomes. Looking at the annual stepup-reset and 5% withdrawal.
25% Stock brokerage, currently 35% in cash,
22% Fix-Index Annuity. 2 policies. Guaranteed Income Withdrawal type.
6.5% withdrawal rate attained in 3 more years. 5% guaranteed growth rate for 12 more years. Looking at the 5% internal growth and the 6.5% backend income
17% Mutual Funds = All Growth MF and Indexed Growth
10% Cash
Have LTC, illiquid property in farm deferral, no mortgage, no debts. Age 64 and 67. Expect to live to 95.