How much guaranteed retirement income do you need?

How much guaranteed retirement income do you need?

- in Retirement
2349
Comments Off on How much guaranteed retirement income do you need?
Image Via CNN MOney

I’m looking to retire soon and a financial adviser wants me to invest half of my $700,000 401(k) balance in an annuity. I’m wary of doing that as the annuity’s annual fees total almost 3% and I’m also already eligible for a combined Social Security and pension benefit of $70,000 a year. What do you think? –D.H.

Read more at CNN Money

You may also like

Should You Roll Over Your 401(k)? Fortegic CEO, Joe Clark, Tells You What You Need to Know.

Today we’re talking about retirement and how, as