Search found 6 matches

by wilbert-vb
Wed May 22, 2019 4:39 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 930

Re: Betterment: Emulating annuity?

nyclon wrote:
Wed May 22, 2019 3:18 pm
You may want to consider putting all of the money into a vanguard lifestrategy fund or retirement fund like VTINX. Then you can set up automatic withdrawals on a recurring schedule for however much you need.
Thank you very much.

You have any experience with these solutions?
by wilbert-vb
Wed May 22, 2019 3:14 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 930

Re: Betterment: Emulating annuity?

That means you are specifically not talking about an annuity. What you can do is look at the prospects for supporting withdrawals from various portfolio selection using one or another of the retirement withdrawal models such as FireCalc, CFireSim, Fidelity Planner, etc., etc. Thank you very much fo...
by wilbert-vb
Tue May 21, 2019 6:31 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 930

Re: Betterment: Emulating annuity?

Vanguard managed payout fund is closest to an annuity with principal maintained but still not something I’d recommend. Why not just buy a SPIA? What are your goals? I have considered a SPIA and asked many quotes. The feedback that stands out is that the principle is not accessible without a hefty p...
by wilbert-vb
Tue May 21, 2019 2:57 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 930

Betterment: Emulating annuity?

I have had several conversations with financial advisers/brokers/agents about annuities (SPIA) and I grew unhappy with them directing the conversation towards revenue generating solutions. At the same time I researched zero cost index funds that are beginners friendly and now I'm more comfortable wi...
by wilbert-vb
Thu Mar 14, 2019 5:57 pm
Forum: Personal Investments
Topic: starter with "income investment", better yield than CD?
Replies: 4
Views: 866

Re: starter with "income investment", better yield than CD?

aristotelian wrote:
Thu Mar 07, 2019 7:20 am
Sounds like you want an annuity.
You might be right with your suggestion.
Thank you very much!
by wilbert-vb
Wed Mar 06, 2019 5:41 pm
Forum: Personal Investments
Topic: starter with "income investment", better yield than CD?
Replies: 4
Views: 866

starter with "income investment", better yield than CD?

59 years old husband with retirement based income. Zero experience with investing and now looking for low risk options. My goal is called "income investment", perhaps the return is enough to pay the mortgage or the rising medical expenses. Recently I sold my property overseas and ~$160.000 is sittin...