25 YEARS OF GUARANTEED INCOME

摘要

Are you nearing retirement and fretting about what income you can pull out of your IRA? We have a recipe for you. It's a way of converting a lump sum into a very predictable stream of cash payouts. It won't give you a huge return, but it may succeed in taking some of the financial worry out of old age. The result is akin to the sort of fixed annuity you could get from a life insurer. Although our recipe yields less than an annuity expiring on your death, it has an offsetting virtue: If you die young, you have something to leave behind for the grandchildren.