As regular readers of this blog know, I think inflation-adjusted lifetime annuities (a.k.a. single premium immediate annuities, a.k.a. SPIAs) can be a very useful part of a retirement plan.
I enjoyed reading two articles this week that discussed using such annuities, though in different ways. One article suggests using them as part of an “income floor” strategy. The other suggests regularly using annuity quotes as a way to assess how your portfolio is doing.
- A Floor with an Upside: The Best Retirement Income Strategy? from Darrow Kirkpatrick
- How to Test Your Financial Security from Larry Swedroe
- Hard to Beat a U.S. Total Market Fund from Rick Ferri
- Vanguard Adds Mobile Check Investment from Five Cent Nickel
- Can You Trust Retirement Calculators? from Steve Vernon
- 5 Stages of Grief and Low Interest Rates from The Finance Buff
- For Many Investors, There’s No Place Like Home from Vanguard
- After Scraping the Bottom, Rates Rise from Allan Roth
Other Money-Related Articles
- Why I Prefer a Spreadsheet to Track and Manage My Finances from Len Penzo
- Wills, Guardianship, and Estate Planning from Couple Money
- Do You Need Renter’s Insurance? from Good Financial Cents
Thanks for reading!