Bogleheads.org

Thank you all for your helpful replies. I have much reading and research to do! I will not be proceeding with that VA. I feel like I dodged a bullet. Thanks for all the links and pointers to get me started.

Thanks for all the quick replys! I have 300k in the IRA, and approx another 100k towards retirement. That's all. If I retire at 65/66 I should have another 100k if I'm very frugal. I am not associated with any insurance companies. I got a quote from Fidelity on a Deferred Income Annuity (MassMutual)...

Hi folks. I just found this site today. I am seriously considering the Transamerica 1.6 Retirement Income annuity. https://www.transamericaannuities.com/VariableAnnuities/Content.aspx?ID=Retirement-Income-Choice I'm almost afraid to ask for opinions as everyone is so negative on this topic, but I'm ...