Search found 6 matches

by martie67
Thu May 28, 2015 10:48 am
Forum: Personal Investments
Topic: Immediate annunities
Replies: 14
Views: 2068

Re: Immediate annunities

Again, thanks for the feedback.

The responses have started me thinking (not always a good thing), and I wonder if you would comment on this last question.

What would be the pros and cons of leaving the cash in a MM for monthly withdrawals and receiving withdrawals from the annuity.
by martie67
Wed May 27, 2015 8:50 am
Forum: Personal Investments
Topic: Immediate annunities
Replies: 14
Views: 2068

Re: Immediate annunities

Thank you for your responses: I am a 68 year old female living in Ohio. the policy covers my life and if I check out before using full annuity, balance will go to my beneficiaries. Any stats on how many member investors chose the annuity option for retirement income vs relying totally on investments...
by martie67
Tue May 26, 2015 7:00 pm
Forum: Personal Investments
Topic: Immediate annunities
Replies: 14
Views: 2068

Immediate annunities

Hello all I am relatively new to investing and retired about 4 years. I am considering purchasing an immediate fixed annuity to supplement soc. sec of 1900. Fidelity has proposed a single life annuity to provide approx 500/month at a cost of 91,500. Not inflation based. There is currently 226K in de...
by martie67
Mon Sep 29, 2014 12:41 pm
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 204
Views: 68314

Re: NE Ohio (Cleveland Area) Master Thread

Hello

I am new to the forum and glad to find the NEO Chapter. Looking forward to attending my first meeting.

Martie
by martie67
Sun Jul 13, 2014 2:35 pm
Forum: Personal Investments
Topic: Requesting Portfolio Review
Replies: 12
Views: 1712

Re: Requesting Portfolio Review

Thank you so much for your prompt and thoughtful replies. During the first couple of years of retirement, I withdrew large sums to make home improvements and to purchase a car. The withdrawals increased income and knocked me into a higher tax bracket. I should fall into the 15% bracket this year. My...
by martie67
Wed Jul 09, 2014 7:34 pm
Forum: Personal Investments
Topic: Requesting Portfolio Review
Replies: 12
Views: 1712

Requesting Portfolio Review

Dear bhadmin: I am a recently retired new investor trying to preserve rollover capital while getting some growth and income. I am comfortable with a conservative to moderately conservative approach to obtain goals. The current portfolio was set up by a financial planner that I have since fired due t...