ruralavalon wrote:I voted "I don't currently have one but plan on getting one some day" even though that doesn't quite fit.
Sheepdog wrote:At age 79 last year, I bought my first small annuities (SPIA) (two $50K) which gives us $800 a month. I may buy more if interest rates rise to assist my wife's money management if I become infirm or I pass on. Another $1600 monthly plus that $800 and SS would cover our (her) expenses. Right now that $1600 easily comes from our IRAs, but she does not want to learn how to manage it, so additional SPIAs would ease her mind.
hicabob wrote:I would have checked a "not sure" box. If I do eventually buy an annuity (spia of course), I expect the frugalness in me would turn me into more of a health/nutrition aficionado very quickly!
Iorek wrote:I think we'll have enough DB/SS income not to get one, but if that wasn't true then there's a good chance I'd get a SPIA at retirement.
bertilak wrote:My "plan" is to leave that option open, depending on how things go over the next 5-10 years.
nodenuff2 wrote:Frugal Al would you have "split the baby if you had the chance? 1/2 lump 1/2 annunity?
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