Winnipesaukee Forum - View Single Post

BroadHopper · 10-20-2017, 09:07 AM

According to financial advisors, Rolling all your retirement money into an annuity is a way of drawing down your money without Uncle Sam taking a big hunk, even after 70.
There is all kinds of annuities with different investment structures. Beauty of annuities is that no matter what the investment strategy, your principal will never be touched by negative markets.
If you need money for home improvements, travel etc. find an annuity that will allow you to withdraw from the principal without penalty.
I can go on and on but you get the drift.

I currently have SP 500 point to point that offered 8% last anniversary.

The marina normally let me use the boat until mid December. The last boats to be winterized are those in covered slips. I had some great boating days in Nov and Dec.

10-20-2017, 09:07 AM	#2
BroadHopper Senior Member Join Date: Oct 2004 Location: Laconia NH Posts: 5,507 Thanks: 3,116 Thanked 1,089 Times in 783 Posts	Annuity According to financial advisors, Rolling all your retirement money into an annuity is a way of drawing down your money without Uncle Sam taking a big hunk, even after 70. There is all kinds of annuities with different investment structures. Beauty of annuities is that no matter what the investment strategy, your principal will never be touched by negative markets. If you need money for home improvements, travel etc. find an annuity that will allow you to withdraw from the principal without penalty. I can go on and on but you get the drift. I currently have SP 500 point to point that offered 8% last anniversary. The marina normally let me use the boat until mid December. The last boats to be winterized are those in covered slips. I had some great boating days in Nov and Dec. __________________ Someday may never be an actual day.