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| I prefer equities in the 40-45 year accumulation phase, and fixed annuities in retirement distribution phase, because by definition (annuity-systematic liquidation of a principle sum) they are designed to provide guaranteed lifetime income. Wife and I have contributed qualified and non qualified funds into fixed annuities over the last couple years, with rates fixed from 5 to 7 years, at 5.3-5.6%. Can and will withdraw interest only at some point, in the interim the non qualified accounts grow tax deffered. Left 20% in equities accounts to make systematic withdrawals to bridge the gap for deffering social security, our choice. I always recommend a very thorough physical when entering retirement, as your life expectancy changes things dramatically. And helps my job immensely in doing field underwriting for recommendations.I do recommend a bucket strategy for income, with as many different buckets of diverse income as possible, but fixed expenses need be covered with guaranteed sources of income.
Edited by Boone & Crockett 3/28/2025 08:11
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Retirement Finances question
