An annuity is an investment that provides a series of payments in exchange for an initial lump sum. With this calculator, you can find several things: The payment that would deplete the fund in a given number of years. = $12k The amount needed to generate a specific payment. = $100k The number of yearsContinue reading “Walk away savings, an annuity at 13% return vs 1% CD”
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Retirement Checklist or Bucket List in 2014
How do we allocate our money? This year, I plan to allocate my money as follows: 1/3 in long-term savings, 1/3 in short term and 1/3 to create experiences with family, love ones and the community I live. I will allocate my time to create more income and build relationships. At 50plus, we all should save atContinue reading “Retirement Checklist or Bucket List in 2014”
Idle Money no more in 2014
Instead of the 1% bank CDs, there is indexed annuities at 13% Safe and does not participate in the downside of the market, with Zero market risk, only participates in the upside of the market Instead of 50% taxes on withdrawal of 410K or IRA or sale of your business Start now with an IndexedContinue reading “Idle Money no more in 2014”